Great to see a trader who wants to share his ideas about when to buy and when to sell, you point in some good buy and sells areas. Thanks for sharing your graphs and your ebooks.
This is actually nice. I never saw any professional trader that helps everybody for free. I mean there are a lot but they were only signals from different trades. I'll try reading your trading view later. Thanks for the strategy sir. Goodluck in trading.
Thanks for the comments, guys. Hope you have a profitable month.
Hello All,
In this thread I'm going to detail how I trade Cryptocurrency.
I've been trading Crypto for the past 6 months with pretty decent results.
The strategy I use is based on a culmination of different techniques and knowledge I picked up in my time trading the Forex market, which is what I traded before moving to Crypto at the beginning of the year.
There are two parts to the strategy.....
The first part is what I use for day trading.
And the second part is what I use when a large rise/bull run is taking place.
You can learn how to use both strategies on my site (see below)
Both strategies are simple to trade but require some explaining, so I'll be posting pics and doing analysis of different trades to help you understand why I took a trade and what you can do to begin doing the same.
Lets get to it.
P.S I've also started a website that has free information on Cryptocurrency trading.
https://www.cryptotradingschoolonline.com/It's a new site, so there's only a few articles and things on there at the moment. But I'll be adding more articles to it in the near future, including ones that go into more detail on the techniques you'll see me use in this thread, so keep an eye open for them.
Also, if you have any questions about trading or would like help with anything you can ask me on the thread or email me at
liamcrypto123@hotmail.com yes maybe it will also useful for me because I am searching for the good strategy to mynextmove about investing lots of amount and make my income to be more standard and I definitely try this if I got success I will be very happy.
Yes, check out my buy area sell area strategy guide. The theory behind the strategy in terms of how and why it works is a bit complex, but so long as you have a basic understanding of it you should be able to use it fine. Plus this thread will give you an idea of what areas to look for anyway, so it won't be to tough to figure out.
I'm really attracted to the way you say that you use game theory, it's a point I had not taken into account, since game theory is actually a bit complicated, but your analysis is very good, I ask you because I see that you use technical analysis tools that are good, in my case I analyze the market from the point of view as taught by Wyckoff and Livermore, but the truth with the theory of games is really impressive. I see that you have an understanding of the market similar to how the speculators I have read that at that time the game theory was not used but if the analysis under the volume, I follow this thread very closely.
Ahh, another Livermore devotee. Great trader wasn't he? I remember reading his book long ago and being amazed at some of the things he did. Like getting chucked out of the bucket shops because he could read the patterns in the order flow data aha... what a guy. Shame how he ended up though. All that amazing success and then suicide... such a waste.
So my understanding of game theory isn't really scientific in the sense that I'm not sitting around calculating what the chances are of different traders doing things and then how that'll affect the market. It's more I think about the different groups of traders/investors in the market, understand how they buy and sell (and what causes them to buy or sell), and then use that to determine where they've placed their trades/investment (the buy and sell areas) as well as have some sort of idea of when they're likely to do things in the future.
To give a quick example, I know the whales and other big traders (and us too actually) can only buy or sell when other traders are buying (if they want to sell) or selling (if they want to buy) - and that the more crypto they want to buy or sell the more traders they need to have selling or buying at the same time. With this fact, I know the whales CANNOT buy when the price is rising or sell when it's falling, as most people trade in the direction the price is moving in, therefore there's nobody there for them to buy or sell too.
So in order to find out where they've placed their trades to cause a rise or decline (and in the process a buy or sell area) I have to look for the last time the price was falling, in the case of them causing a rise, or the last time it was rising, in the case of them causing a decline, since that will have been the last time they were able to buy or sell, as per what I explained above.
That's one of the simple ways I use game theory, Luck. Sorry if it's a bit tough to understand, this stuff ain't easy to get... or explain for that matter. But that was just a quick example so you could get an idea of how I use it.
