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RE: Trade like a profesional, with no emotions + building small accounts

in #trading7 years ago

In my opinion your chart is too small.. you need a bigger picture to draw in effective bases.. yours may work out, on that small timeframe, but you would have to find run the odds on that small timeframe and make small percentages for alot of extra risk.. Thats why I use bigger timeframes :
then the bases are clear and work well..
As far as finding trades go: just pick a bunch of coins you are interested in, that you like the charts, and set up alerts on all of them, under there bases.. and sit back and wait for the alerts.. the more you set, the more often you will get alerted.. dont set too many or you won't get any sleep

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Yes, the chart is small (MacBooK 13" is pain, I envy you your wide monitors) thank you for advice! I was just trying if I understand your way of trading and I did couple of 5-6% quick trades.

Finding trades: Yes I though you do this in bigger way. Also for me its limited, because I have like only Bitfinex and Poloniex account, but I will add soon more, to get bigger chance to get these trades.

So your morning, evening (some time of the day) looks like you check all exchanges you participate, rewrite bases(on mind) and than set new alarms, and than just wait? And when coin became like 7-10% profit you keep closer eye on it? Because in my hight volume coins I find mostly like 3-6% swings...

yup, that how i do it.. set my alarms and sit back