Im short trader Im new here but been long time in trading

[TakeItEasy]

I have developed my best way to know wich coin will be best short.

I checked on binance and i did find that DOGE coin will fall sooner then others.
How do i know that ? By my new trading formule. When coin price is higher then overbought level. Then i measure the exacly how much is higher and then i see i was going all over binance now and i see the doge are overbought and the price of doge are also higher then level above overbought.
Off course i have long experince on trading and a lot sleepless nights and mistakes and a lot losses until i discovered the best method.
My time and efforts are not for Free so i have my own private team who follow me to make money with my short signals and honestly all trades are in profit maybe 1 loss out of 10 trades and we do only short trades by using my new indicator " when price is higher then overbought level " i have special ways to measure this.

With this secret formule i can find best short positions.

Firstly, which formula you use to got it? And do you advertising your members? Or what?

Mostly traders works according to their own strategies, In trading we know that there are not even a single strategies to follow, there are too money we can expect and we have to follow sometimes in order to take out of loss. So, it is not necessary that Doge coin will fall sooner, you should say this may be only prediction, because we can only predict but we can tell the exact situation of any of the coin not only Doge.


Trading mostly gives users lesson, we only think that trading can give profit or loss, but it is wrong it is mainly or mostly gives a person that how to work in the future on different coins and how to deal with them as always.

[Bitcoin_Arena]

Are you simply choosing to share your successful discoveries or are you offering your formula for everyone's consideration?  If the latter, you can describe it in more detail so that forum users can evaluate your formula. Believe me, there are very competent users here. And in general, in my experience, usually those who have developed any more or less profitable strategy are unlikely to share it.

I went over binance again and i found the other coin for good short so i posted for my followers to entry it's YGG/USDT
this one is next to doge wich one have price higher then level of overbought the maximum level according my measure formule

So Mr. or Ms Short trader, You said you made a call for your followers to short YGG/USDT. Based on the time you made this post, it means the call was made somewhere on the rectangle right behind the yellow crossing lines.

What leverage did you use?

I hope your followers had their stop losses on, otherwise it's not looking good for them 

[GreatArkansas]

Are you simply choosing to share your successful discoveries or are you offering your formula for everyone's consideration?  If the latter, you can describe it in more detail so that forum users can evaluate your formula. Believe me, there are very competent users here. And in general, in my experience, usually those who have developed any more or less profitable strategy are unlikely to share it.

I went over binance again and i found the other coin for good short so i posted for my followers to entry it's YGG/USDT
this one is next to doge wich one have price higher then level of overbought the maximum level according my measure formule

So Mr. or Ms Short trader, You said you made a call for your followers to short YGG/USDT. Based on the time you made this post, it means the call was made somewhere on the rectangle right behind the yellow crossing lines.

What leverage did you use?

I hope your followers had their stop losses on, otherwise it's not looking good for them 

https://www.talkimg.com/images/2023/11/07/tcRC5.png

For sure they have their stop losses, doing shorts trade on the current price level in the market is extremely dangerous, it's like you are catching falling knives.
I believe with the recent price action of the market, like all pairs are probably not good for the short trades, as some for sure being stop loss hunted.

[michellee]

It's great if you've found a specific formula that works for you. This is what traders who want to be successful in trading must do. They must be able to modify what they have learned so that it works for them. If they can do that, they don't need to rely on signals from others and can make a profit.

But if you want to get more people to join your channel, you have to be able to show why your formula works. You also need time to develop the formula to be even better. This is because market conditions are always changing so strategies or formulas that previously worked need to be modified again so they can follow market movements.

If you can make money every day, it means you are closer to your desired target. It's just a matter of time for you so you have to continue to be patient and keep trading.

Hmm modification. That sounds a nice idea. A lot of us might have missed a promising strategy only because we judge it early or it doesn't work after our first few tries but if only we try to modify it with our personal strategy or combined it with other strategies that we obtain from other traders, that would have work well.

With some of what I've said, it is still not a bad idea to join some groups only to obtain useful information and some strategies that we can use for our modifications later on. I don't think he will show his personal formula as that is like a secret recipe on why he is successful. People should only learn to experiment until they have also formulated their own recipe.

That's the advantage of modifying some of our strategies to find the one that suits us. We also cannot rely too much on existing strategies because they may no longer be valid due to changes occurring in the market. That is why we have to be able to find other strategies.

Joining a group can provide benefits for us. We can learn more about what they share. And if it is a strategy, we can learn more about it and apply it to our strategy. He won't reveal his personal formula but we can get something useful.

From there, we can modify the strategy to work well for us. By doing more experiments, we can have more strategies that work in every situation. And that will benefit us because we can apply it to our trading to see the results.

[Doan9269]

Snipped

OP when you begin to make comparison of altcoins to each other and giving your recommendation on the one to invest and not may totally take you out of here to altcoins discussion, maybe under altcoins speculations because trading here should be discussed without any sentiment, moreover what is good for you and your kind of technique may not be pleasing to others, try to remain on point while what you're talking about.

[lombok]

Technically it is still a possibility even though the price is already at the overbought level. As far as I know, during the cryptocurrency world, the biggest influence on the rise and fall of prices apart from technical analysis is fundamentals. Fundamentals have a strong influence on cryptocurrency price movements. Just pay attention that Bitcoin with its fundamentals is able to continue to maintain its current price and is still able to continue its increase, even though Bitcoin technical analysis predicts a lot of declines. Don't be too confident about it, altcoin movements are influenced by Bitcoin and Bitcoin's dominance, as well as fundamental factors of the altcoin itself. If you are careless in collecting data, the losses experienced will be greater, cryptocurrency is not enough for what you say.

[God bless u]

That great and it implies to the fact that you are lossing less and gaining more so it is a good step toward succes. I think for trading you have to give more time so by giving more time you will learn more. As bitcoin price hit 69k$ in previous year so everyone wait more and more to go down the price of bitcoin and now as it is 34k$ so it is not as higher as that is 69k$.

Doge coin on other hand is suitable for long term because its price does not seems to be go more higher quickly. When someone buy any coin at overbought level then there is probably that sooner this coin will go up because it identify the success rate of that coin. You are sharing your signals with others so definitely they will also get better results from their trades and the formula which you are using is also profitable but sometimes the market moves against the predictions and hopes so it is necessary that instead of trading some coins should be hold for longer term as it can overcome losses and increase profit.

[Yamane_Keto]

Can you share your binance trading data? It is easy to talk, but implementing the plan may not always be profitable, so why not add more details or trading data? I did not see that you mentioned a paid group, so why don't you share the data with us here and then leave the option to anyone who likes to join your group or send more data there?

[Fademigo]

Never marry your bias. Yeah, at times in crypto Shorting can be very profitable.
But, when you do it for so long, when it starts to reverse, you won't even see it, trust me.
Soon, you have a bull run and you still try to short things and you could have long it but you are married to your bias.
Next thing you know, you are in denial phase, just trying to short while the price is going up, up3x, up5x and you still try to short.

So, be very careful, market works in both directions

[Felly7]

If it works for you then it's a good scalping practice. If you can recommend someone to do this on DOGEUSDT, would the 15min chart be a good choice?

I was thinking of also stacking DOGE since I have liked this coin aside from BTC. The crypto market is about to explode I think with just a little dip to RSI 40, it's already a good buy as long as I can increase my holdings. My only worry is if it's going to continue plunging, I'd scramble to measure the bottom once again.

Measure the riverbed once again and try diving for a cheaper price.
Will the trend favor you for that?
When you start to buy back with DOGE, you have a pretty good option, but you also have a bad option with memecoin.
But yes monetizing DOGE is quite different and it's special to have Elon Musk as a loyal fan.

When Bitcoin starts surging to reach a new ATH and altseason also arrives, then the time for Altcoins including DOGE will reach its peak.
But specifically for DOGE, he will have special rights from Elon with some interesting tweets.
So keep piling up to the bottom and you will get the benefits later, but don't forget Bitcoin is the main one.

I give guys according to my indicator wich called overbought max level highest so It's impossible to go any higher and fall

The coins in the next few hours Are

STORJ ,matic  they are on my short list and most overbought according to my method.

[Xal0lex]

I also liked short trading and i try always short trading because very low risk in short trade and when thinking long trade than my opinion is who are new in trade they try always short trades is better choice.

Why did you decide that short positions are less risky than long positions? Where did you read this or are these your own conclusions? In my opinion, both short and long positions have the same risk. Well, of course, if you do not take into account the knowledge and experience of the trader. Here you have been shown how a short position goes into negative and all those who opened this position on the advice of the author of the topic lost money.

[Hamza2424]

I have developed my best way to know wich coin will be best short.

Why? Because I'm sure in future traders never keep their trades open for periods like 6 months or +, so why search the potential dumbs? Becasue here maximum of the trades varies based on hype and overall market sentiments.

My time and efforts are not for Free so i have my own private team who follow me to make money with my short signals and honestly all trades are in profit maybe 1 loss out of 10 trades and we do only short trades by using my new indicator " when price is higher then overbought level " i have special ways to measure this.

With this secret formule i can find best short positions.

So here comes the main story, Op I'm not sure if are you trying to mention some kind of your service here or something like that because there are no more details. I can appreciate that an experienced trader joined our community and he wants to guide us with his learnings that will be really exciting, but how our relations go further as a signal group or really something productive can be easily specified by the upcoming posts.

TBH Only short is not good but if you do own some kind of strategy no doubt it can work for you but for better transparency Op, must provide some proof..

[TakeItEasy]

Technically it is still a possibility even though the price is already at the overbought level. As far as I know, during the cryptocurrency world, the biggest influence on the rise and fall of prices apart from technical analysis is fundamentals. Fundamentals have a strong influence on cryptocurrency price movements. Just pay attention that Bitcoin with its fundamentals is able to continue to maintain its current price and is still able to continue its increase, even though Bitcoin technical analysis predicts a lot of declines. Don't be too confident about it, altcoin movements are influenced by Bitcoin and Bitcoin's dominance, as well as fundamental factors of the altcoin itself. If you are careless in collecting data, the losses experienced will be greater, cryptocurrency is not enough for what you say.

Mostly we have seen the coins prices have a change due to the bitcoin changes,  as we can say it is bitcoin fundamentals or what we have to say it? Typically when the price of bitcoin is moving up,  as a result the whole market turns into green as we can also say most of thr market turns into green. But when we see some bad news or we see some changes in the bitcoin price the market turns to the red side and mostly people got into loss there.
In this place also some traders got too early their exit but most of the trader didn't have much time to recover themselves so they turned into the loss. So bitcoin fundamentals plays an important role as well.

[mirakal]

It's like you want to hype Dogecoin again when all we know is that it has lost its golden days in crypto. But if you have really that effective strategy that you are sure that it's going to make us profitable, then why not elaborate it more so that the forum can also testify it if its really a good strategy or not or you are just promoting your own team to attract some naive investors and eventually fall on your trap.

This is not new in the market advertising that they have better strategies than others. But one thing is certain, if that is really effective and is working successfully on you and on your team, then you just have to keep it all by yourself and focus on how to grow your profits. Not that you are going to attract other traders to follow your strategy and end up losing because they were using a strategy blindly without assuring if its really working or not.

[bettercrypto]

I have developed my best way to know wich coin will be best short.

I checked on binance and i did find that DOGE coin will fall sooner then others.
How do i know that ? By my new trading formule. When coin price is higher then overbought level. Then i measure the exacly how much is higher and then i see i was going all over binance now and i see the doge are overbought and the price of doge are also higher then level above overbought.
Off course i have long experince on trading and a lot sleepless nights and mistakes and a lot losses until i discovered the best method.
My time and efforts are not for Free so i have my own private team who follow me to make money with my short signals and honestly all trades are in profit maybe 1 loss out of 10 trades and we do only short trades by using my new indicator " when price is higher then overbought level " i have special ways to measure this.

With this secret formule i can find best short positions.

Regardless of the formula that is said here in the topic that you made, it means that you are showing that the formula that you are using is paid. However, regardless of what you mentioned, it still cannot be said that what you say is accurate.

Why did I say this? because what you explain in speculation will fall and will continue to fall; therefore, that is your assumption. Now, my question to you is: are you sure that it will be 100% profitable? because if you say yes, I'll tell you that's a red flag to me right away. Why? The market is unpredictable. Experts can't say 100% about the accuracy of their technical analysis, can you? Why are you an expert? I'm just asking.

[jaberwock]

Can you share your binance trading data? It is easy to talk, but implementing the plan may not always be profitable, so why not add more details or trading data? I did not see that you mentioned a paid group, so why don't you share the data with us here and then leave the option to anyone who likes to join your group or send more data there?

I saw some chart images above. Maybe a few of it was an example of his data. And then he also give a few hints on his posts. The rest are secret as he quoted it. If you read his post carefully, he mentioned that his signals are not free so probably he had a premium group. I understand because he said he have gone through a lot of sleepless nights, mistakes and losses. Unless only if those are only a lie. But I guess there is always a way to tell it right? Anyways, even if we say it's legit, there will always be a time that we might experience a loss, like you said there but it can be okay as long as the wins or the profits that we can make are more than it.

[knowngunman]

I have invented my own special formule.
My followers Pay me monthly fee to follow those signals.

So what is your point now? You want people to pay and subscribe to your group for signal? This forum is not like Facebook or telegram who people fall for such cheap trap. Of course, some gullible will still fall for it because of desperation and lack of zeal to learn on their own. To many questionable things to consider dealing with you inappropriate. First of all, Forum rank has nothing to do with your knowledge and trading experience but at least, it matters as far as community trust is concern. A newbie with less activity, definitely no one will take you seriously. Secondly, you don't have anything to show for your claims. You should have share your analysis and the success of your analysis so far. Or better still update the thread with one of your current analysis so we all can follow up and see the end result together in order to earn the trust.

[Franctoshi]

One thing you have to be aware of when it comes to trading is that a strategy or formulae that works for you or that you find profitable to use might not be suitable and working for the next trader, because every trader has a different style of trading and it is best to develop a strategy that you find confidence and that suits your trading style.

[Felly7]

One thing you have to be aware of when it comes to trading is that a strategy or formulae that works for you or that you find profitable to use might not be suitable and working for the next trader, because every trader has a different style of trading and it is best to develop a strategy that you find confidence and that suits your trading style.

I cant tell what is the method exacly If too many traders know then it don't work.

[boyptc]

I knew it while reading that when someone shares his success trading story, at the end of it will always have the convincing part of selling something like joining your private or signals group.

As you have said that it's not for free and that means of course it comes with a fee. With this strategy and sleepless nights as you have mentioned, as you offer that to other people.

If I am on your shoe, I'll take my time to work on it silently and will make myself rich before anyone else. So, just like the rich folks does, they never share their formula until it's not working anymore and that's when they will start selling it.