There were so many trades yesterday,
and I was up till 2am, trying to keep up with all the charts. But im human and fell asleep, so I missed alot of great entries and exits.. Im going to go over the trades that I completed, and im still in a bunch waiting for the bounce.
Let's start with ETH ofcourse:
on Bittrex there was a small base around 228 so I bought a nibble at 211 and 208 on that first dip.. but only got a bounce to 220, so I didnt sell .. this was the first indication that we might crack the 200 major base. And we did and I was jonezing for those sub 200s so I bought a little 195s.. Then we got a quick pop back to 211 so I sold, because the pop was quick and likely we will get some more downside. Sometimes where you get a crack of a major base, if there is no sudden panic drop, you will get a reaction pop.. Then as I slept last night I got some 175s which i sold this morning at 200 base again.. Now we have a clear new base at 170ish :) oh im ready for that drop if it happens and if not, well i created a few new ETH with those profits...
BAT
You can see i got nice trades on two of those base cracks/panic dives.. but i missed the last one
BSD
a drop to 75s and sold at 90s then a drop to 65s and sold at 76s because i was sleeping when it shot up all the way back to the original base
BLITZ
I missed the first trade, so I really wanted the second one. I got the .00022s but it went all the way down to .00009s as i slept last night.. oh my gosh.. then I sold at the base this morning at .000295s .. was still a beautiful high percentage trade.. but if i wasnt sleeping it could have been a 150% winner
VOX
Awesome chart... got the .00022s and didnt sell all in that pop to the base so I didnt get a red sell arrow on my chart (with Coinigy you have to sell your entire order or they dont mark the chart) anyway i sold a little near the base. Then we get the next panic to .00016 and I was able to sell some .000196s.. but im still in the trade, and made a bunch of free coins
UBQ
The fisrt trade was not so hot.. I missed the pop to the base and was stuck selling it for a tiny profit, then the next trade was awesome.. I got .00032s and sold at .0004350s
STEEM
not much to explain here :) great trade
KMD
Look at all those trades I missed .. Gah.. atleast I really milked the last one
Missed trades
SNGLS
atleast i took the first trade on here but missed the second one..
If I get a chance today, im going to do a quick video and discuss these trades and the trades Im still in and waiting for a bounce.. I hope these charts help everyone to see how much opportunity there is in crypto trading, especially with my style..
Sorry I don't post more, but I've got so many trades going here and in the stockmarket. It get's a little nuts.
Luc
Nice job:)
Do you mind if we upload your deleted videos on Youtube and link them in the comments of the associated Steemit articles? I you have the time I can also send you a Google Drive link of them and you can upload them to your new channel and then edit the older Steemit articles so that videos are visible there.
Oh, wow you saved them?? I thought they were lost forever.. That would be awesome.. please send me the link to : madtrader33@gmail.com and I will add them to the new YouTube Channel
Oh this is awesome news! I've been following your new videos, and so very wished I could've binge watched your old videos too, so this is what I was hoping for!!! I'm sure I'm not alone in this feeling.
You're not alone!
I'm anxious to see the older videos too... Learned a lot from luc... He's a genuinely sharing his knowledge here and helping out small fries like us trying to earn some profit in the crypto world..
Yes!!! :D Great!
Are they viewable yet?
Hi Luc, just a suggestion... Could you create a telegram channel and just update any good trades that you noticed? I know you are a busy man but I'm sure a lot of small fries (like me ) are quite fearful of the market especially during now.. Would be great if we can get notified in the loop..
It would be help a lot of people out.. Here's how you can create a telegram channel..
https://telegram.org/faq_channels
Thanks and I hope this happens.. (beg beg beg)
No channel is different then group... we can't talk back or comment so luc won't be wasting his time answering silly questions... It's just a one way broadcast like twitter..
Thanks a lot andreaskrieger. I'd love to see these videos if Luc or you uploads them.
If you have a link to the google drive you are using if you have them there, that would be appreciated also.
lawfpenn@outlook.com
It feels like Christmas!!!
Awesome, great Job!! I would love to watch the information I thought being lost..
Hi @andreaskrieger, I know you must be getting this request a LOT, and I'm not sure you'll read this, but if it's not too much trouble, would it be okay to also ask for a link to the Google Drive with the old videos? If it's okay, you can send me the link at randomtradernoob@secmail.pro
Thanks!
Hi, any chance you could share the Google Drive link to dannmarx@hotmail.com ? Thanks
Very difficult time for great trades during bear market. Good luck.
So you are saying this is the beginning of a bear market? Not just a quick correction and we break to new highs?
I hope it's a price correction. but, the market is bloody red and 95% top 100 coins are down double digits for the second days.
Yup, thats the market, it is always very unpredictable.. thats why you always have to keep some money aside, dont spend all you bullets at once.. because there might be a huge dip in ETH or something yet, huge opportunities here.. Im still nibbling at those $180s ETH/USDT
Posting something that made my info gathering quicker -
If ya'll like Luc's posts as much as I suspect you do, and don't want to miss anything, you can bring in his RSS feed to your browser, outlook, or reader of choice. The link to the feed is below.
https://streemian.com/rss/@quickfingersluc
Hi everybody!
To show gratitude, let's upvote all Luc's comments in all of his posts!
Takes only a couple of minutes and it's the least we can do, don't you think?
Go and check quickfingersluc comments now and vote! ;)
Wow, your very kind.. As my subscribers grow, I will have more and more of a hard time keeping up with questions and giving everyone personal attention. Its a catch 22, but I do appreciate everyones feedback and votes, and I try to read every reply.. Thanks :)
Luc, as I suggested before, don't lose your time answering any question that already were answered in the articles posted here or in your Youtube videos. I suggest that you hide the comment's section in Youtube and post the link to the article in Steemit in the video descriptions. You could also post here your thoughts on possible good future entries.
Luc ! You are the best teacher.. please consider starting a telegram channel for all your loyal subscribers...
It's a one way broadcasting way so it won't take more of your time... We just want to be in your loop..
Thank you so much luc..
Thanks for the suggestion.. I will have to research how that is done.. Im really just a trader, bearly even go in chatrooms.. But ill consider it..
Thanks for noticing my comment luc.. I've had a few successful trades based on your videos help but I'm still not too good on exiting... Just holding... And because I got scammed recently through pump and dump groups so I'm not too good at spotting good alt coins...
Download telegram.. and create a channel... It's a one way communication way "something like twitter" so you won't be bothered with pesky questions while you are busy trading..
Thanks a million luc... I'm very grateful for your videos.. You are helping a lot of people here..
Could you post your steemit wallet address? Or tell us how to donate some steemit to you? I'd love to donate some coins (not that you need any) to you since you are my favourite author...
Good morning, Thanks for letting me know your appreciating/benefiting from my Blog.. Im glad to help and answer questions, but I dont want to ask for donations by posting a wallet.. I love trading and make great money doing it, so Im just happy to give back by helping others. Ofcourse I appreciate upvotes, because that will make me more visible to others and grows our comunity...
If you just ctrl+f "quickfingers" you can upvote all comments really quickly
This is beautiful! So anxious to get trading, (need my updated ID since I recently moved and need to verify residence and the DMV takes 10 biz day to send it ugh).
So in the meantime I have been tracking charts with alerts like crazy and writing "paper" trades just to kind of get a feel for where I would have bought and sold......
Anyway most of my paper trades I'm still waiting for the bounce as I put these through early in the day yesterday, I'm not worried about whether the bounce will come for them but learned the valuable lesson already of kind of waiting a bit when these big panics seem to be happening and to layer in better. I know these are fake trades but I did set myself a budget to go by to make it as authentic as possible for now.
I set some alerts to places where I would of spent the remaining budget I had on some of these charts, and lol man the price dropped on a few of these to like right above where my alert was set and where theoretically I would of had an order ready. Had I had the order there would of woken up to the price being back up and would of made some decent profit...oh well second lesson learned to use more alerts, especially when close to a price you really want to buy in.
Quick question and I think you've answered this with looking at the comments you have for the above trades, but can you set an order and then have it set to sell at a higher price, so in situations where you get a sweet crack to a price you want when you're sleeping and get the order that you can also sell if it spikes too while your asleep. I gather thats not possible but figured I would ask anyway, if it was I'm sure you wouldn't be up all night.
With following you just this past week my knowledge about this has skyrocketed and along with it my confidence to actually do it as its all starting to somewhat come together and if following your strategy would be hard to lose money, as there always seems to be a bounce, seems to just be a matter of time.
Again thanks for all of this!
I think your asking about an "what if" order or a special instruction order.. I only have seen a few brokers in the stock market with those functions.. But not anything like that in Cryptos yet.. But basically you would write an order in ninja trader, that follows a script, and if your buy order fills durring the night the platform would automatically write a sell at your set higher price.. .. but we dont have that.. all we can do is make sure we get an alert when we buy and then get up and write in a sell order.. I had 59 orders execute yesterday and last night.. wow im busy when the market pulls back
Thanks for the response. It will be nice if one day we have a function set up like that. Until then we burn the midnight oil lol.
I believe I can script ANYTHING in NinjaTrader. It's been my preferred platform for years to view and create my own little custom scripts.
Eventually, I'd love to be able to trade cryptos in NInja!
I used ninja trader for a few weeks when I was trading some futures.. Bu that was 4years ago.. i just remember that I loved the dome
Hi Luc,
I also bought AMP when the base cracked yesterday but it didn't get back to the base and went further down, so I could not trade on anything else as I wanted to hold instead of selling it for loss.
For today, here are some of the bases I have drawn so far, it would be great if you could give me some feedback on these and also let us know what are you keeping an eye on as of now! Thanks a lot!!
BTC/LTC:
BTC/ETH:
BTC/STRAT:
I like your Bases.. they look good, but your timeframe is a little short.. you have to expand your view to 1-2 months of data so you really get a feel for how safe your trades would be.. Does every base crack get a bounce? In a two month period? thats the questions you ask yourself in your mind before you think of trading it.. so you know your odds..
STRAT for an example has had one base crack that has not bounce back.. only one crack that I can find in all of them, so that make me trade smaller with STRAT for a little while..
But AMP has had two that I can find, and that starts to worry me.. so if we dont get a huge bounce over the next few days, to fix that whole chart, then I will have to scale back on my AMP trades to super small trades only..
Hey Luc is this an example of one of those AMP bases that cracked with no bounce?
exactly... where are the buyers? if you dont get a strong bounce then you have to trade very small on the next crack or maybe not at all.. you need to look at 2months of chart action to know your odds of success on each of these coins.. and AMP is pretty weak here, since it isnt following the rules.. no aggressive buyers looking to scoop it up.. im gonna stay small, all my buys on it will be small until the chart gets good again
Thanks for the feedback and tip!
This comment really makes me realize how little I know about "reading a chart" in order to capatilize on a base. I really hope you make a video primer on that!
He has a 40 minute vide on his YouTube channel on the topic. It's called Support and Resistance.
Hi Luc! Thanks for all that you share. I have a question again.
Cryptocurrency: AMP
Bought at: 0.00012 @ 07/07 with intention to sell at 0.000145
However, AMP dropped again and I didn't buy. Now that the new base is 0.00010, do i need to sell there and take a loss, or can I be confident it will reach back up to the first base but take some time? See coinigy pic below.
Thanks again Luck
https://www.coinigy.com/s/i/596508461c653/
AMP got killed on this dive.. wow.. ok so you see the geen arrows are my buys.. and i havnt sold anything yet... except that first quick trade at the top.. Now the x x x s are gaps in the chart where the price didnt return to its base.. thats very rare, but it signifies a huge bounce coming.. thats why i didnt sell and kept buying.. but I am not in big, and this drop is due to the market as a whole droping, so im not too worried.. I wish i could give you more info, but i cant predict the future, i can only tell you what im doing,.. if you are feeling nervous, then you can sell at break even or for a small loss when you see a bounce, and just make it up on the next trade..
Thanks again Luc! You inspire confidence
Shit! I just checked AMP today and saw that it didn't go according to plan :/
What did u do with the position? Did you get out with a loss or you are still stuck with them?
And my question is, do you think trading the big coins this kind of situation is less likely to happen? I mean if at the beggining I stick to the big market caps coins, and stay with your system, I have even less risk for something like AMP to happen, right?
Forgive for my ignorance if it sounds stupid to you.
Oh, I traded out of AMP a long time ago.. There was only one spot that it surprised me with less of a bounce than expected.. But every panic drop since has been great trading.. Anyway it has been a while since I traded it, but I will likely trade it again ..
And does your system work better the bigger the coin and community behind is?
Your technique also worked brilliantly for me on LBC in this last spell of volatility: ) I got in little under base 1, and somewhat bigger under base 2. If I had also set alerts as you recommend, my profit margin would have been bigger and luck would have had less to do with it ... but I'm still pretty happy about the trade!
Hey, thanks for the chart in you comment. Looks like you made 30% on some of that trade.. very nice.. Im still in LBC for a bounce to .00018.. thats my plan after a huge selloff.. but your trade is excellent and good profits :)
.00018 would be phenomenal. My usual trading style is to aim for a 0.5% to 1% profit after exchange fees, and make five to ten trades like this a day. I like your method way better, but still have a lot to learn about being patient and working in more reasonable time-frames.
The time you take to bring us all into the fold is staggering, and i for one, am very appreciative of selflessness. Thanks Luc. I made my only 3 trades yesterday using your 'method', but all 3 were successful. Small money, but money nonetheless. Thank You ~
Your Welcome.. Thanks for letting me know your finding my info helpful
Seriously, I can't even tell you how absolutely clear, well spoken, and educational you are. I've seen quite a few videos in my days where I get completely lost at some point. You have a great talent not only in your profession, but in teaching. Thank you for creating this blog and your videos. They can be implemented in so many aspects. What a great piece of work you have put together. Very grateful.
~Brad
Well thanks for the compliments.. I've been doing this trading thing for so long, its all pretty simple to me.. but I do find most dont get it.. I have often trained others, over the years and sometimes even in my office... and they would do great for a while when there with me, or if im feeding them trades, but on there own, they have all started losing money.. Making mistakes and getting impatient, not waiting for the clear easy opportunities.. Thats why i try to make my videos very simple and really try to give traders my mindset.
Hey,quickfingersluc
Really love your trading methodology, they are very simple to understand. I've just signed up on Coinigy and registered to a bunch of exchanges.. Cant wait to trade and post my results soon.
Thanks
The chart on BAT was absolutely gorgeous!!! It's damn near impossible to not have made any money on those 3 trades. Luc Skywaker has shown us the power of the force LOL
I am hoping someone can help me out with this question. I am a total noob but got in at $172 on ETH last night so I am pretty excited. I also bought some EOS at $130. I needed to use my ETH to buy EOS. I am currently limited to ~$500 (waiting on my drivers lic approval..) so I needed to be strategic with my buys and layering. So here is my question on some markets you can not trade ETH so I would need to trade in my coin to another currency and then take some fees to do that. Is there an easier way to do this for certain markets like PAY, AMP and XRP? Also, what's the best way to be able to trade quickly? I have accounts on Kraken and BITREX but I have not funded BITREX yet. Should I waste my profit from ETH and now start transferring it into exchanges or is there a better way to do this without losing so much profit? Thank in advance to all and espeically you Luc!
Also, is there a way I can trade ETH vs. ETH on the market as there are no fees? So if ETH dips below $172 or Above x I'd like to be able to sell on the market and not get hit with coinbase fees..
It sounds to me like your up and up.. because you bought EOS at 130 and its at 160 and you got ETH at 172 and its at 195.. so im not sure i understand your question.. if you sell EOS now you have a great profit.. and if you want to send ETH to bittrex from kraken , that is a much faster process in ETH than coverting it to BTC.. BTC transfers are alot slower
Thanks for the quick response Luc! Maybe I am not explaining this correctly. I am looking to hold on to these funds I am invested in this market for the long haul and think $172 was a good starting point IMO. My question was if I wanted to sell off ETH do you recommend me doing this in coinbase or transfering the funds to Kraken then trying to trade it vs ? to get the buyout? I guess what I am confused about it if I want to sell ETH and I have it in conigy how can I sell it vs the current price of ETH? Like I said super noob question. Thanks. Also the only reason why I got into this was because you gave me the confidence to do this. These were my first trades. My first, first trade was on EOS at 3.75 so that is why I am planning on hold on to this...
I guess another way of asking this question is since I feel like I got a decent price on ETH at $172 and I put it in coinigy and start trading other coin I feel like that would dilute my initial investment as now I have this in other coin that may not have the same bounce as ETH that I am hoping for.
So at Bittrex you can trade the ETH/USDT pair and its like you are selling for USD, and at Kraken you can just sell it for USD if you want and then your holding USD on the exchange.. So you dont lose anything by just sending your ETH to the other exchanges you want to trade from.. (except there small transfer fee) .. As you can see from most of my charts I trade mainly at bittrex.. and since its got an A.P.I. set up with Coinigy, its pretty awesome..
This is great info thanks, Luc! If I am on Bittrex and Kraken should that be enough to follow your trades or are you trading on other markets as well?
Yup, most of my trades are using bittrex... I have coins on lots of exchanges, but i like bittrex the best..
Awesome videos -THANK YOU! Quick question: I noticed that it takes several minutes for puchases in bittrex takes effect in my wallets.
For eg. I bought ETH > ETC and BTC > BLITZ and it took several minutes to see the change in my bittrex's wallets.
Is that normal? I wonder how is it possible to execute faster purchases and sells.
Amazing post .
nice trades bro!
great work dude!
Hi Luc,
Thank you so much for your time to upload all those screenshots. They explain clearly the way how base is created etc and it helps so much. Thanks again.
I got in on UBQ & SBD thanks to your tips, small margin gains but everyday gains I'm hoping!
Before you know it, you will be trading ten things at once and loving it.. it takes a little while to see exactly how the market reacts, and moves, but after you make successful trade after successful trade over and over and over, then you start to feel quite confident, and it seems like childsplay
What does it mean when there's a very long downward wick on a candle with a huge volume bar? Did someone dump a lot of coin at a low price? How does that work?
Yeah, basically the sell orders or order overwhelmed the bid and for a few seconds it sold way way below value.. but humans fingers only type do fast, so then a flood of buy orders come in and the price is right back up.. it still forms a wick because those orders did get filled at that low price.. impossible to predict it, but when the market is thin on a coin, this can easily happen
So is the strategy here to just set up an order way below where you see the base to hopefully capitalize on the quick time window that a coin can drop that low?
Any thoughts on Golem (GNT)?
I think it's hard to keep up with all the new comments from users where you answer them!!! ;)
I really want to be able to make sure I read everything as it's interesting and contributes to a better understanding.
But I find steemit a bit confusing to be able to see a nice summary of new things, filter out comments etc.
Does steemit have something that would be more like a forum for individual posters where it would be easier to keep up with new things?
I really don't know.. Im not that knowledgeable with steemit functions.. Im just a trader, and wanted to use steemit to help everyone, and promote steemit at the same time.. But I can see what you mean, its not like a forum where you can follow a thread and catch every new post without looking through them all..
Luc, this is my first post on here. Found you recently and have been following you ever since. I have really learned a lot from you and just want to say thank you. I am amazed out how many questions you answer. You are an awesome person, thank you again.
I can't see any issues here. Sort all answers by date and read from the top. Simple. I think we all want great videos from Luc and not spending his time on creating some forums.
Great community we are growing up here Luc !! It's too dumb to think in a WhatsApp or Telegram group so everyone of us can alert the others on charts to look ?
I think a cryptos chatroom for traders who are looking for Base cracks would be possible in the future.. not sure what platform we could use, but it would be great
I am all for this Luc
Discord might be an option? It's free, you can have various text channels as well as voice channels, and you can control user access pretty easily.
This way you could have just an open channel for any crypto discussion you want, maybe another dedicated to charts, one for urgent announcements of major news, etc, etc.
Very flexible and easy to use, but obviously just a suggestion.
I'd join a discord crypto trading chat room if somebody made one.
I just don't know if there is enough trades throughout the day to warrent a chatroom yet.. I get days when its crazy busy, but then there are lots of days where i get 2 or 3 crypto trades
I'd love this. This could be a really cool community! It'd make it easier for everyone to help each other out when Luc is too busy
This would be awesome! This would give us all a big advantage.
Hey Luc, what do you think of the ARDR graph?
I been trading is all the way down... lovin it.. heres the chart, all marked up with my buys and sells :
Amazing stuff! Totally new to this and usually just do long term investments. Trying to absorb as much as possible. Thank you for taking time out of your busy schedule to share your knowledge and success.
Im glad to help.. there will be plenty more videos coming, since everyone is giving me great positive feedback.
Out of curiosity, do you mostly trade on the 1 hour timeframe? Would your trading style work on lower timeframes? Thank you in advance.
The market is a little too new for lower timeframes.. the participants are not thick enough in my opinion.. so the risks would be to great to work on a 5 min candle chart, trying to make 2% on the trade and then it drops 50% on you .. gah
Nice!!! I stayed up all night but I ended up just making a 25% profit in one trade, I wasn't sure how low it was going to go so I just waited and waited and only got in one trade. Now I see that I missed out on a lot but thats good cus next time I will be much better prepared! Thanks Luc!!
Hey, i been doing this for many years.. if you made even one trade thats a great start.. profit is profit, well done!!
Luc,
This is my chart; ETH/USDT at 1h BTRX
I bought more or less as you did; at 211 and 185 and expected to sell at 220.
(I didn't sell twice in between as you did)
Since I didn't get that bounce to 220 I still hold the trade. Or should I sell and move on?
How do you predict where to sell? Exit stage :).
Many thanks for all the advices.
its my policy to try to participate in every bounce.. even if that means I only sell a little.. I have often missed a bounce and then it will crack another base and go lower without me getting to sell.. Thats why I try to sell some on every bounce and then you can rebuy when it retests your base or cracks it.. There is no math or exact formula for taking profits.. every profit is a good profit.. but basically you wait for a crack of a base, then you watch for panic selling to creat a drop from that base (usually consecutive red bars) then you know your safe to buy (high probability trade).. then you sell into the bounce at any profit, even in layers as it goes higher if you want... and it should atleast return to the base it cracked, and if it doesnt, hopefully you got some out on the way up...
Hey Luc,
Thanks for all the info and all of the responses it really helps.
Somehow I have ended up with all of my crypto money in ETH and I hate to get it out of it now when it is so low. How do you handle something like that? When you are in a trade that doesn't work out do you just cut ties and run or hodl and wait for the next big bounce.
Thanks
Well I never have all my money in one trade.. I have it working all over the place on many trades... But with ETH, if your dicussing it as a trade, then its already bounced to the previous base and I am waiting for the next crack before I take my next trade.. However when you say, you dont want to sell ETH because its too low, thats investing.. not trading... You believe it will go higher in the future because its ETH and $200ish seems low.. While I agree with you, please understand that has nothing to do with bases and panic selling and so forth..
So here is what Im presently doing, I bought at 185s and sold at 211s and rebought at 175s and sold at 200ish and bought a nibble last night at 182s and am now holding a bit hoping for a bigger bounce.. but im in small because what I really want is a huge crack of 170s and panic dive so I can get in big..
Okay. I haven't really been a trader I got in it to invest at around 200 and watched it jump to 400 and now fall back to 200. My first trade was going to be the other day at 215 with what I thought was going to be a bounce back to 230 but that didn't work. Oh well. I will probably wait for a little bounce and take some out to trade others. I just wish there were more eth pairs to trade.
Do you trade mostly back to bitcoin or usd?
I trade back to both.. my base coins are ETH BTC USDT .. i hold all of those to trade every other pair
Correct me if I'm wrong Luc, but I think I can answer this because you've covered it elsewhere:
If you watch his videos you'll see he mostly trades against BTC. He's also commented in another thread that he holds "cash" in USDT (tether). I'd be curious for more information on how he manages this too, though.
He's also said that he has never taken a withdrawal from his crypto accounts - he just builds them up. That implies he covers his living expenses through his stock market trading, and all his trading in the crypto markets is just to build up his BTC / USDT.
Thx LUC, me and a group of friends all love your work, we all live in different countries but we all watch and study your stuff....
Good Karma your way.
Thx LUC, me and a group of friends all love your work, we all live in different countries but we all watch and study your stuff....
Good Karma your way.
Hey Luc, is it safe to say most of your trades resolve within a few hours or do you also wait for several days for the bounce to come through?
yup, usually in a day im out.. but sometimes 2 days.. most of the trades I took yesterday, im already out
I have relatively large fills in strat. from 14, 13 and 12. Would you sell here? or wait for bounce to upper support. Looks bit a rising wedge. Sold some at support but most still in.
I Just sold half my position to be safe.. heres the thing, STRAT chart is not reacting organically.. Its not independant.. if ETH dives it will dive also, so its chart is a little harder to read, when ETH is influencing its actions.. that being said, if ETH heads up, STRAT will have a monster bounce..
I sold the way up:) I saw 55 btc sell order in polo 155 so thought it wont get past that but it did or he cancelled.
No you cant base your orders on the level two sizes.. most of those bigger sizes are all fake and they will disapear the moment the market gets too close.. thats normal faking out trader tricks.. You have to base all your trades on the charts and the time and sales prints... But charts tell all
Luc has just posted a video about Strat.
Sensei? Are you buddhist?
Yeah I saw the minute I posted this lol. No not buddhist :)
Can someone explain this chart to me?
!(
)
How come the bounce is so small? Is it just due to the base being weak?
I would give it a little time.. Im in it too.. waiting for that bounce back to .0002s.. but you bases look good and the rest of the chart is awesome..
Hey Luc, Thanks for including all these charts! Wow.
Unrelated question. Once the crypto market settles down, do you think you'll cover more of your stock trades in the penny market? I've been following the advice from your old videos and struggling to get the technique down. I'd be particularly interested to know if you've updated the settings on your stock scanner or added additional scanners from the one you'd detailed last summer:
Stocks under $5
Day's $Volume > $500,000
Day's $Volume > Yesterday's $Volume by $100,000 and more
Thanks!
I think Im going to just keep this Blog to Cryptos.. There sis so much opportunity here and with much much less risk.. I still trade the pennystocks all day as usual, and my scanners are all the same.. and if I had scanners in Cryptoland I would leave pennies all together.. but we dont have scanners yet.. so I have to trade bigger timeframes on coins and leave the quick trades to pennyland
Thanks for the reply, really love the time you've put into creating and curating this community on steemit!
you're a GAME CHANGER, big up!!!