Leverage
How to recover a losing trade, earn profit and extend liq markthis is a cooper_5e trading tip for when you mess up a trade and long the local top or short the bottom - why lose money and fees in a losing position, markets go up and down right?
Disclaimer; you must have some sort of idea of market directions, reversal, support/resistance etc.
So...
you longed the top (and think duh why did i do that) :-(
the market turns on you but you dont take loss well and decide to hold as you may do this and hold until you can breakeven (so you can relax)
what you need to do is wait for temporary reversal signs in the market and add to your long (daunting i know)
when the momentum pushes up your loss reduces (yay) but having doubled your stack means your liq is closer now.
when you see its topped out you reduce position (do not close entirely) - nice, youve banked some cash now.
but the banked cash isnt a win yet as all you have done is lower your liq mark - good idea in leverage state
the market drops again and your -% increases, you see reversal - repeat the above steps - more in bank but unusable too.
the market drops agani, repeat, however this time theirs a ripper candle that passes your average entry, this means your in +% and your monies made on the way down are banked as profit :-)
here you can exit at breakeven... or hold for further glory
this is a roulette cheat of double down (oops im giving gambling tips now) where u can take many loss but each time double up until the color you sat on wins, changing direction mid game may continue bad fate
i dont do this technique too often but if im tired or making rash decisions it can be a good way to make money whilst losing to increase the wins when winning ;-)
Bitcoin - To Hold or Not To Hold ~ Quick Update 10/7/19I focus on providing live education and support to those interested in trading, Cryptocurrencies, and Blockchain technology. You will learn charting techniques, technical analysis, and the most popular cryptocurrencies for trading. My content is ideally suited for beginner to intermediate level traders.
Bitcoin - Wedge to Bounce into Trend ~ Quick Update 9/10/19I focus on providing live education and support to those interested in trading, Cryptocurrencies, and Blockchain technology. You will learn charting techniques, technical analysis, and the most popular cryptocurrencies for trading. My content is ideally suited for beginner to intermediate level traders.
Bitcoin - The Crayon was Correct ~ 10/2/19I focus on providing live education and support to those interested in trading, Cryptocurrencies, and Blockchain technology. You will learn charting techniques, technical analysis, and the most popular cryptocurrencies for trading. My content is ideally suited for beginner to intermediate level traders.
Next Major Support is $7,000Lets take a look at this last "bull market". We have a perfect 0.618 retracement from our All time High to our "bottom" from last year. From there we formed market structure at the 0.382 level or $9433. That level broke which is what caused this recent dump. Our next support is $7012. From there I expect a breakout to the white dotted resistance line around $9000.
Long term I am very bearish on Bitcoin. I don't believe there is anything other than hype and greed driving this market. There is little to no real world use as the currency is unusable at over 500k daily transactions. For bitcoin to be mainstream, it has to be sustainable at a few hundred million daily transactions. With the high fees and slow performance at only half a million, it is laughable at best.
Your only chance at getting rich as of now is to make money on the way down. For example, I have a leveraged short position opened at $10,000 with $10,000 of my own money at 10x leverage. If bitcoin dumps to $2,000 as shown in my chart, I will make $50,000. If you shorted at the top of this downtrend channel with higher leverage, you could have made more.
If you would like to actually start making money, instead of losing every time, sign up on Bitmex below using my link.
www.bitmex.com
Bitcoin - Short Scalping ~ Quick Update 9/27/19I focus on providing live education and support to those interested in trading, Cryptocurrencies, and Blockchain technology. You will learn charting techniques, technical analysis, and the most popular cryptocurrencies for trading. My content is ideally suited for beginner to intermediate level traders.
Daily Close XBTUSDAnything can happen in Goblin Town.
Right now, we are sitting at around 8122. The 200 daily MA is at 8332. This previously has acted as a very strong support/resistance. Go check it out for yourselves.
We can either close above it for the daily close (in a few hours), Or we will close below it. Indicating something very bearish. CME futures ends tomorrow. Gap @ 7.1k
The last time futures ended, we saw the start of this bull cycle. It would be in their best interests to lower the price so they can scoop of btc for cheap.
I am not sure what will happen. I will keep my position dynamic, altering based on new information that lands in front of me. Excellent opportunity for Scalps.
BITCOIN - Ascending Triangle, Drop IncomingAscending Triangle on the 15m Chart. Waiting for a big drop with high volume.
Position Size: 7%
Entry: 8400.00 (Short)
Stop Loss: 8600.00
Target: 7800.00
Leverage: 7x
Leave a thumbs up if you like my idea and let me know what you think!
This will keep me motivated :-)
Disclaimer:
Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market information for educational and entertainment purposes only
Bitcoin - How Low Will It Go ~ Deep Dive 9/26/19I focus on providing live education and support to those interested in trading, Cryptocurrencies, and Blockchain technology. You will learn charting techniques, technical analysis, and the most popular cryptocurrencies for trading. My content is ideally suited for beginner to intermediate level traders.
30 Min Chart Swing Trade XBTUSDHey Peeps
I outlined the very recently formed support at around 8293-8226. We had two bounces off there. I don't see it dropping below this region and closing. The resistance is as outlined, 8429-8462. We need volume to break it. Volume is on its wayinvalidate the support/resistance. down as you can see. Play these zones with caution. Think about stop loss placement, if you place it to tight, you will be stopped out. Place it within parameters that would
I would also like to leave with a bit of advice I stumbled across. It has greatly impacted my style of trading. If you are planning to close a position because a trade isn't going your way, immediately open a trade in the opposite direction. This way, you will be able to catch market movements and be profitable. Also, you won't be too hasty to pre-emptivley close a winning position.
Note: this is the 30 min chart. You can dive further into a 15 min chart to seek more zones for scalping.
Let me know what your swing/pivot points are.
BTC getting ready to dumpDaily Bitcoin chart review (copy from telegram @CryptoTrades)
BTC bearish. If that market wasn't that manipulated, I'd give 146% and my head it will dump, but as it is, I keep both scenarios open, while getting ready for the dump.
Yesterday post: Targets for breakout 10600-10800. Targets for break down - 9900 - 9770 - 9600.
Fear & Greed index: 38 (<= 41 <= 38 <= 38 <= 39 <= 38)
BTC Dominance: 67.5% (<= 69.1 <= 69.5 <= 69.7 <= 70.2)
24h Vol: $66.115 billion (<= 54.035 <= 45.273 <= 50.920)
Bitcoin - Well, Well, Well ~ Quick Update 9/25/19I focus on providing live education and support to those interested in trading, Cryptocurrencies, and Blockchain technology. You will learn charting techniques, technical analysis, and the most popular cryptocurrencies for trading. My content is ideally suited for beginner to intermediate level traders.
Bitcoin - Zoom Out ~ Deep Dive 9/24/19I focus on providing live education and support to those interested in trading, Cryptocurrencies, and Blockchain technology. You will learn charting techniques, technical analysis, and the most popular cryptocurrencies for trading. My content is ideally suited for beginner to intermediate level traders.
EOS at supportDon't feel too much bullish about EOS despite hard fork it has. But in the end, all depends if current support at 3.7-3.75 will push price up, or let it through. Bouncing would be a very good signal for new uptrend and even if not, it will still be able to get to 3.88 - 3.97 - 4.05. If break down, next support at 3.55 should bounce the price.
BITCOIN - Long Opportunity Daytrade 11.67% ROEPosition Size: 5%
Entry: 9910.00
Stop Loss: 9860.00
Target: 10080.00
Leverage: 7x
ROE: 11.67%
Leave a thumbs up if you like my idea and let me know what you think!
This will keep me motivated :-)
Disclaimer:
Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market information for educational and entertainment purposes only
Bitcoin - Inflection Point Approaching ~ Quick Update 9/19/19I focus on providing live education and support to those interested in trading, Cryptocurrencies, and Blockchain technology. You will learn charting techniques, technical analysis, and the most popular cryptocurrencies for trading. My content is ideally suited for beginner to intermediate level traders.
How much of their money can europeans lose in a single day?Disclaimer: For new people, or just the dumb people (I heard there were alot of those in crypto), these are AVERAGE TRUE RANGE numbers.
Those numbers do not represent the most or even average you can lose in a day but the trading range in an average day.
Days can vary widely... Just look at the NatGas chart, or Bitcoin that has some days in a 2.5% range and then days where the price goes up or down (organically) 20% in 3 hours.
The most:
Natural Gaz ==> 4% ATR * 10 leverage = 40% a day. NatGas that regularly soars massively and wipes out funds, gaps insanely very regularly, is the one with the most risk allowed. Regulators <3
The least (outside of absolute troll FX minors and probably some mysterious stocks):
10 Year T-Note ==> 0.50% ATR * 5 leverage (30 with FCA) = 2,5% a day.
What about FX majors?
EURUSD ==> 0.75% ATR * 30 leverage = 22,5% a day.
USDJPY ==> 0.75% ATR * 30 leverage = 22,5% a day.
GBPUSD ==> 0.85% ATR * 30 leverage = 25,5% a day.
EURCHF ==> 0.50% ATR * 30 leverage = 15,0% a day. (probably smallest)
GBPJPY ==> 1.00% ATR * 30 leverage = 30,0% a day. (probably largest)
What about FX "minors"?
AUDUSD ==> 1.00% ATR * 20 leverage = 20% a day.
USDZAR ==> 1.50% ATR * 20 leverage = 30% a day. The biggest one I think.
USDHKD ==> 0.05% ATR * 20 leverage = 01% a day. ...
USDCNH ==> 0.40% ATR * 20 leverage = 08% a day. Smallest one that is not a complete joke. My interest for this collpased with the new restrictions...
What about agri?
Biggest "major" one is Coffee ==> 3.00% ATR * 10 leverage = 30% a day.
Smallest "major" one is Soybean ==> 1.60% ATR * 10 leverage = 16% a day.
What about stocks?
I cannot check 50,000 tickers, but the typical big ones have ATR around 2%, with the vast majority of > 1B cap between 1 and 3 % a day, so with 5 leverage ==>
Typical is 10%, and range is 5-15%.
What about my big 3 commodities (Gold Oil Copper)?
Gold ==> 1.25% ATR * 20 leverage = 25% a day.
Oil ==> 3.00% ATR * 10 leverage = 30% a day.
HGC ==> 2.00% ATR * 10 leverage = 20% a day.
What about crypto?
Bitcoin ==> 5.50% ATR * 2 leverage = 11% a day. With BTC the biggest less risky one you have access to the less risk. Pure regulator logic here.
ETHUSD ==> 11.5% ATR * 2 leverage = 23% a day.
XRPUSD ==> 13.0% ATR * 2 leverage = 26%.
EOSUSD ==> 10.5% ATR * 2 leverage = 21%. Excrement On Shareholders moves less than this bigger ones, does this mean it is more stable and secure?
TRXUSD ==> 20.0% ATR * 2 leverage = 40%. I haven't access to this but I checked etoro which I know is a broker very geared towards morons, and surprise suprise TRX is here...
So you have the poopiest of cryptos (well in the top 25) fighting for first place with NatGas with leverage adjusted ATR of 40% a day...
what will Bitcoin do?waiting for more confirmation, this could go south
mainly looking on higher time frames
break up out of this triangle? obviously bouncing in it
hoping for a break up, hold/consolidation in this resistance channel
would be bullish
could signal a break above this lil top out
just no break below 9K
i guess plan accordingly
definitely could