Sorry for the double post Luc.
But I felt like you didn't notice my question on your last blog post.
So I am copying it here...
Hi great Luc!! :-D
This is not related to this video and I still couldn't watch this also. Sorry if you have already addressed these in the video.
How you buy right away when market scanner alerts? I still didn't start trading but I mimicked of doing it. But those movements are so fast that no matter how fast I try the prices bounce back up and I don't get to buy low. How you manage these things? This is regarding day trading actually.
Do you trade forex much? I also like to get into that and I wonder if you have any books or guides that you can suggest for me to read and find a good strategy. I have the basics but haven't traded yet.
Thanks a lot man. As i always say. You are a gem!!!
I miss 80% of the daytrades off these crypto scanners.. This market is so new that things spike down with all the thin bids and then rebound instantly.. it is frustrating.. but that what its like when you are day trading in a very safe way.. we are not robots, and we dont have all the info on one screen.. we have to press links and write orders and that takes 10-20seconds.. and thats a little slow for daytrading, so we will always miss a ton of opportunities..
I just got HitBTC --BCC/ETH .64s and sold .95s.. sweet trade and that was fast..
No I dont trade Forex to more.. only tried it for a few months, years back
hey luc, I bought BCC/BTC for .29 :(((((
Whats my best option at this point??
its crazy low but idk if I can get it back up?
what should I do? I bought 5 BCC @ .29btc ealier today when it was worth 700 :(
wow, sorry to hear that.. So you are new to this blog I'm guessing?
Ok so you bought BBC at $773 x 5 coins = 3,865 and now they are trading in the $250 range x 5coins = 1,250.. therfore you are down $2,615 ouch :(
I cannot advise you on what to do to turn around this trade.. I can only say, please watch my videos and you will recover your losses in no time..
Heres how my BCC trading went: I had some BTC at various exchanges, So Yesterday I sold some $275s and then some $350s and later some $450s.. and then I was out...while I watched it climb all the way to over $1,000... So I by no means can predict the future, and really sold early, but it was a great profit.. then I waited to see price action I can trade (panic selling) ... So off HitBTC I bought BCC/ETH at .64 and sold.95 .. thats a near 50% profit in 15 mins
Again my entries are not perfect, but they are the safest trades that were availible... And that's the secret to trading : never lose money, only take the safest trades, so that you don't allow your capital to go down... I am a reaction trader, I let the market tell me where I should enter, and never base my trades off a gut feeling, or something everyone is telling me is going to be the next big thing. I just read charts and let the chart tell me where to get in.. and I usually get a 2month picture of the chart for big trades, but in the chart above, there is only today to see, so its a smaller trade, and a day trade, and those are 5 minute bars...
Hi Luc,
I've been watching your videos for the last month and am starting to get the hang of day trading - thank you.
After reading cryptosuf's last message I think I may have made a really foolish and novice error. I'm super confused and I hope you can shed some light on the situation!
I was using the Bittrex exchange on Coinigy and after the fork I watched BCC start to rise. I used my BTC to buy BCC and now they money has evaporated and there's no trading history on the BCC/BTC page in Coinigy and in the orders section it shows I place four BCC orders and two failed and two were cancelled. Now I have no BTC and a random very low amount of BCC. What has happened to my BTC?
Did I stuff up majorly? I thought they were two separate currencies? Or is something fishy going on? I've emailed Bittrex and Coinigy for help but haven't had a response yet.
Thanks in advance
Thats very strange.. I really don't know what could have happened there.. I hope Bittrex gets back to you about that, because you should have a balance of BTC if your orders got cancelled. Or you should have BCC if your orders got filled, but it should not just disappear. very strange
Did you went into your bittrex wallet account to check? It should be there.
Sometimes Coinigy doesnt update promptly . You'll have to refresh account, the button is at the bidding column of Type - Limit, There's two mini icons just right beside it. It's the 2nd one.
Nice, I made 3 solid trades on BCC at Bittrex. Should have been on Hitbtc though I only averaged 25%. I also sold BCC immediately, expecting a massive selloff, oh well! I may buy more when wallets open up and it bottoms out
Good advice. Wild swings yesterday and today. Got a little last night and sold for a small profit today. Waiting for the next entry point tonight. Seems like it may jump when the other side of the planet wakes up and starts trading. :)
hey luc, thanks alot. do you think it will hit that price?
Also should i try to trade this bcc? or stick to smaller coins?
Thanks for the reply Luc...
Then I'll just have to forget about Forex.. If a legend like you are not doing Forex then amatures like us have no chance in that market.