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

[Mauser]

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.

That's an interesting strategy to short crypto currencies. For me it's been a while since I bought any short positions. In the last two years I kept only buying long positions to grow my crypto portfolio. For how many years have you focused on short selling and how much profit did you make with your strategy? I find that the risk is too high in most cases for short selling, because you need to react so quickly to any new positive news and will suffer by any quick price jumps. Would the opposite of your strategy work for long positions too? Instead of looking for overbought we would try and find underbought coins when there is high demand in other crypto currencies. If there is profit to be made by mean reversion than we should focus on both sides, the long and short positions.

[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.

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.

The key is Bitcoin, Bitcoin experiences an increase and then sideways altcoins will rise like crazy. If Bitcoin does not experience a sharp decline like yesterday's bearish period, altcoins will continue to rise even though they are already at overbough levels.

I can say that crypto trading is simple, you understand the Bitcoin cycle, you will understand the Altcoin cycle. Just position yourself with technical analysis, it is very likely that trading will make a profit, but I don't guarantee that trading will be successful because everyone's targets and analysis are also different.

[tvplus006]

...Off course i have long experince on trading...

In order to be perceived as an experienced trader, you need to prove it with documentation. Otherwise, your words will be perceived as the words of a crook who came for someone else's money.

By the way, the overbought level on which your strategy is based can be seen by anyone who is at least a little familiar with trading.

[poodle63]

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.

That's an interesting strategy to short crypto currencies. For me it's been a while since I bought any short positions. In the last two years I kept only buying long positions to grow my crypto portfolio. For how many years have you focused on short selling and how much profit did you make with your strategy? I find that the risk is too high in most cases for short selling, because you need to react so quickly to any new positive news and will suffer by any quick price jumps. Would the opposite of your strategy work for long positions too? Instead of looking for overbought we would try and find underbought coins when there is high demand in other crypto currencies. If there is profit to be made by mean reversion than we should focus on both sides, the long and short positions.

it definitely works both way, i think its more of a common sense than a trading strategy honestly when overbought short when underbought short, because if you do otherwise then that means you're getting fomo'd
I personally have been doing this for a long time, always long when a coin has reached so much increase, but its never that effective, after all sometime some external factors might have a big role here.
like imagine you've tried to short some overbought coin maybe ethereum then suddenly news of ethereum ETF appearing its effectively render the strategy useless. thats why its not some foolproof strategy but instead we should also be watchful about whats gonna be going in the market and always watching out for some news about the coin that we open some positions in.

[Patrol69]

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.

You are probably talking about futures trading, if you are talking about futures trading then may I know the reason why you prefer only shot trading? We have to try to trade according to market changes. For about one to one and a half months the market is regularly changing positively, now if we do short trading, but our chances of losing money are high. When it comes to trading, we don't have a plan that we will only do short trading or we will only do trading but our plan should be such that we have to trade according to the direction the market moves. Futures trading seems very risky to me and I have lost significant amount of money trading futures so now I don't do futures trading unless I need huge amount of money.

[uswa56]

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.

You are probably talking about futures trading, if you are talking about futures trading then may I know the reason why you prefer only shot trading? We have to try to trade according to market changes. For about one to one and a half months the market is regularly changing positively, now if we do short trading, but our chances of losing money are high. When it comes to trading, we don't have a plan that we will only do short trading or we will only do trading but our plan should be such that we have to trade according to the direction the market moves. Futures trading seems very risky to me and I have lost significant amount of money trading futures so now I don't do futures trading unless I need huge amount of money.

If we have not been able to trade futures and have experienced a lot of losses from trading futures, it would be better if we stopped and corrected the strategy we used and if we find the mistakes we made then we have to learn how to correct the mistakes we made after knowing how to do them Then we can carry out futures trading again.

Doing futures trading is of course a very big risk of loss that we will incur if we cannot understand the market conditions well, so it is very important that if we want to do futures trading we must understand well the market conditions in order to reduce the risk of failure that we will not experience in trading the future that we do.

[Questat]

Well, congratulations on you making it right and I hope it will work longer on your end but I don't want to expect that to happen to me and to other traders. Why? Because you are gifted enough to see what will happen next while the majority are struggling hard. I still believe that there is no perfect trading strategy that has been developed. I've tried several strategies and many times I fail and lose as well. So I decided not to force myself to think that I could make a perfect trade because that was impossible.

[Vispilio]

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.

For these predictions to be meaningful in any financial way, you need to be far more precise about your calls,

what's your entry level, time frame, target profit and stop loss, if any, are you using any leverage, what % of your capital are you allocating, etc.

These criteria will make your signals far more interesting, and it will be a great learning experience also for you to test your accuracy...

[Ahli38]

Basically, every experienced trader who has become a professional trader always has his own method of trading. Both for Spot and Future markets. But if you only have 1 loss out of 10 positions taken, that means 9 profits and 1 loss. So I think that's really amazing. Because I personally have been a daily trader for several years and have not been able to make 9 profits from the 10 positions I made. The majority of me can only get 7 profits from the 10 positions I make. But because I have made risk management so that the level of my losses does not exceed the level of profits I earn. I also had the opportunity to exchange insights with other fellow traders. And we found the methods used by us were very different. But strangely the profit ratio is almost the same. So I draw the conclusion that sometimes the method I use is only suitable for me and not other people. Because I developed it myself and understand everything well. But since OP has followers it seems like he has a method that could even be suitable for use by his followers.

[Fivestar4everMVP]

I don't know, and honestly, i don't want to doubt your skills, but understand that anybody can wake up anytime and claim they are the expert in trading, and then begin to charge exorbitant fees just to share their trades with other people who may not possibly have the time to do all the research, technical and fundamental analysis involved in/with trading, but at the end of the day, this may just be another scam strategy, as those who pay this fees may likely never win any trade, and their money is gone, including the ones they lost in trading as well.

I personally may be interested in your services, i may want to join your group of subscribers by paying your requested fee, but before i do, i will want to see your trade history online, maybe do a video recording of it and post for us to see, this way we will be able to determine your lost trades and won trades, i do not trust screenshots, for screenshots can be doctored, if you can do this, and we can confirm that indeed, you win most or a greater number of all your trades, then, i personally will buy your service, as far is it's not too expensive.

[Hamza2424]

Well, congratulations on you making it right and I hope it will work longer on your end but I don't want to expect that to happen to me and to other traders. Why? Because you are gifted enough to see what will happen next while the majority are struggling hard. I still believe that there is no perfect trading strategy that has been developed. I've tried several strategies and many times I fail and lose as well. So I decided not to force myself to think that I could make a perfect trade because that was impossible.

But why dear, why you cant make a good trade by yourself, I'm not sure what type of perfection you expect from your trade, but if a trade is going in good profit it will be considered as a perfect trade in my view (Time limit should be filled properly).

I know when we develop some strategies to trade sometimes they fail but with that failed try we get how know where gone wrong and we can easily track the flaws and remodify that strategy to work in perfection. It's 100% possible to be a self-trader as I'm considering social media sentiments and news tracking in it because this is most likey essential for everyone and if a person is using these mediums to drive his/her strategy to trade he's not relying on anyone because all other risk management, analysis weather its TA & FA or SA are his/her self analyzed.

[GeorgeJohn]

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.

If you are a newbie into trading you wil like to venture into short term trading because a newbie will be curious to ensure he or she have make a profit or have regain its capital used to trade, their  is some certain things you have to understand in trading and really you have to know before you join a long term trading, its a long practicing traders that can trade for long term but novice in trading does not summon such courage because of fear of losing their funds on the process of trading a long-term.

I checked on binance and i did find that DOGE coin will fall sooner then others

Before any coin will fall for now that means that theirs is on going signs that shows that bitcoin will soon fall or bitcoin is already falling, its quite understood that increment of other coins is dependable on bitcoin, because bitcoin is the kind of coin I know that have a very big potential more that other cryptocurrencies and when it rise other coins follow its step to rise and when it falls the rising power of other coins will be destabilise, so right now bitcoin is accelerating, it seems that the price of every coins is also accelerating

[Timmzzy]

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.

For me i dont have a particular way to trade, i go long if its a long i go short if its a short, everyone has its own formula to approach the market, but all our aim is to make money of it, be it short or long, and is to stick to what works for you and at your own comfort.

[Finestream]

 If you find it a secret formula, then you're not supposed to disclose about it as it may no longer be a secret anymore. Unless if you have other motive that you want to achieve while continuing to get the interest of new traders in the market. I'm not here to offend you but it seems you are just promoting your own team so that other traders may find it quite interesting. But tell me, what is in your formula that we should keep the interest on it. But since it requires a payment, I guess its becoming a red flag for me from the start.

You know its better if you try to be transparent so that you can help those beginner traders as well. And not that you just want to advertise your own strategy that we don't even know yet if its really working and profitable or not.

[jeraldskie11]

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.

I hope it's not an RSI indicator because it's a free indicator and it's very effective to use in trading. Using RSI alone is not so effective today because even if the price is at the overbought level. I think the best way to do a short is to wait for divergence, it's way more powerful and effective. There's a couple of indicators out there that you can use divergence, and that is volume and macd indicator. Well, since you've said it's a secret formula and your win rate is almost 90%, it depends on you if you're going to reveal some of your trades here to add to your preference that it's real.

[Peanutswar]

I dont know if you are sharing an experience or offering a kind of service well by the way though, the coin you've chosen is one of the manipulated coins by the very known Elon, he loves to make hype to every memecoin he wants not just about that only I suggest too that you must need to keep aware about the possible news with the coin you want to invest in because if you can get a hoax or rumours with that coin possible can be true or not and the result of the outcome depends of the large holders or the owner itself could be a reason for a good position to buy or to sell.

[taufik123]

-snip-
Well, since you've said it's a secret formula and your win rate is almost 90%, it depends on you if you're going to reveal some of your trades here to add to your preference that it's real.

Waahh surprised by the 90% win rate that I couldn't even give a win rate to the predictions I made.
But why doesn't the OP reveal it in chart form so that we can all see how the prediction is done?

You can probably make a chart based on your explanation too, so that everyone can understand better.

-sni-
the coin you've chosen is one of the manipulated coins by the very known Elon, he loves to make hype to every memecoin he wants not just about that only I suggest too that you must need to keep aware about the possible news with the coin you want to invest in because if you can get a hoax or rumours with that coin possible can be true or not and the result of the outcome depends of the large holders or the owner itself could be a reason for a good position to buy or to sell.

DOGE is Elon Musk's favorite pet and this has become a common thing.
Elon hasn't really mentioned DOGE yet, but I'm sure there will be some shilling by Elon in the future.

Buying DOGE for the long term is also a good choice, but still at your own risk.
I used to get a lot of profit from DOGE trading by utilizing tweets made by Elon about DOGE.

[jeraldskie11]

-snip-
Well, since you've said it's a secret formula and your win rate is almost 90%, it depends on you if you're going to reveal some of your trades here to add to your preference that it's real.

Waahh surprised by the 90% win rate that I couldn't even give a win rate to the predictions I made.
But why doesn't the OP reveal it in chart form so that we can all see how the prediction is done?

You can probably make a chart based on your explanation too, so that everyone can understand better.

Yuh, we can't even get 90% win rate even if we wait for a confirmation. I believe that there is no trader who have 90% win rate, and only possible if they only do a couple of trades with only a week of trading. I don't know why the Op didn't provide more information about his strategy, even a simple chart would help. If he can prove it, people will get in touch with him for the strat.

About the divergence, we can't use it randomly in the chart. Most people use it in a wrong way. Maybe soon I will post here the best way of using divergence.

-sni-
the coin you've chosen is one of the manipulated coins by the very known Elon, he loves to make hype to every memecoin he wants not just about that only I suggest too that you must need to keep aware about the possible news with the coin you want to invest in because if you can get a hoax or rumours with that coin possible can be true or not and the result of the outcome depends of the large holders or the owner itself could be a reason for a good position to buy or to sell.

DOGE is Elon Musk's favorite pet and this has become a common thing.
Elon hasn't really mentioned DOGE yet, but I'm sure there will be some shilling by Elon in the future.

Buying DOGE for the long term is also a good choice, but still at your own risk.
I used to get a lot of profit from DOGE trading by utilizing tweets made by Elon about DOGE.

Doge is the legit meme out there but it's not the meme we expect to be since 20x - 100x is no longer possible.

[bitgolden]

we can't even get 90% win rate even if we wait for a confirmation. I believe that there is no trader who have 90% win rate, and only possible if they only do a couple of trades with only a week of trading. I don't know why the Op didn't provide more information about his strategy, even a simple chart would help. If he can prove it, people will get in touch with him for the strat.

About the divergence, we can't use it randomly in the chart. Most people use it in a wrong way. Maybe soon I will post here the best way of using divergence.

I am sure he doesn't have 90% win rate, that is not possible at all. I understand that some people may want to boast and maybe even get others to sign up for their whatever, but that is just not true and I guarantee that nobody has 90 win rate.

In fact, I will go one step further and say that I will bet all of my money, my entire worth, to get proven otherwise. Not like some faked images or something, I mean open a thread, tell people when to buy and what to buy and show proof of when you buy something within a minute, and then prove it going up, and we can all see it, that way we can see if they really have 90% or not, which I guarantee that they won't. When someone writes these type of things, it just makes me mad because it also means that they think we are stupid, I do not care if they want to be a scammer, there are very smart scammers out there I care when they think we are stupid enough to fall for this simple stuff, putting us in place for a moron, that's not alright in my book.

[Kelvinid]

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.

Having your formula makes many people lose if they follow you. You'd better keep that for your own rather than making someone a fool because don't ever think that if that will work on you, it also work on others. We're glad you'd share your new discovery and trading formula but honestly, nobody makes a perfect trading strategy which is why I don't think it works for a long time and it is also because the market behavior changes from time to time.