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Cyatophilum Bands Pro Trader V4 Hello, This version includes a new feature, engineered to increase profitability. About the backtest below: Short + Long Strategy 0.05% Commission 10% of 10 000% equity per trade. Net Profit can be increased with a bigger % of equity. Strategy data from 01/11/2019 to 30/04/2019 The Cyatophilum Bands, Trailing Stop Loss and Take Profit System are explained in the last version: The access to this indicator and its Alert Setup version are included in the Cyatophilum Indicators pack available on my website blockchainfiesta.com To get a free trial, leave a comment, thank you.
by cyatophilum
BTC – A Subtle Art of Setting Stop LossesHi Guys! We are sure many of you lost money being discarded from your positions even though you correctly predicted the general direction of the price. It happened to us as well . Many times. After such event, you feel bad and temporarily freezes from entering the new position because of the fact you feel insecure and you lose your self-confidence . Unfortunately, many untrusted exchanges take their position in granted . They see the whole order book and they see our stop losses. The art of setting them properly is to set them where no other participants do the same. In such a place, it is very likely our position maintains and we earn money together with manipulative participants of the market. Unfortunately, that’s the way it is. The same happens on forex but not in the exchanges but on the brokerage level. Please take a look at the charts . Everything is described there. Please let us know what you think? Do you have any other interesting strategy? Remember set your stop-losses at the least obvious place . Thank you for reading and your time. MASSIVE Hugs! WBM Team.
BITFINEX:BTCUSDEducation
by WBM_Team
1
OMG long opportunityOmg, omg, omg. I like this chart. I don't know much about OmiseGO as I'm trading mostly charts and not names. Chart is having good looking rounded bottom here so it might be nice investment opportunity as well a trade that I'm setting up. I don't recommend investing in any Alt before doing some serious Fundamental Analysis on the coin you want to invest in. So do some deeper research if you like a coin. You really don't want your coin to get delisted from a big exchange few months after your buy it. Most of the time it falls down like a stone before you even notice it. Believe me. I've done it many times :D Here is the plan for the trade --> I'm waiting for the price to break the resistance line and stay above. Most of the time they turn into support lines ones they are broken and I expect at least one retest after it. So I'll put stop loss below this line and try to get even tighter stop than on the chart. For long term hold I would set looser stop loss - below 0.00030700. You can increase/decrease the risk by moving stop. Or with the size of your position. You can choose what is the most likely reward. Overall 1:7 risk/reward ratio as presented on the chart seems reasonable. This is in case you sell everything on second target. So this set up only needs to work one out of seven times to make long term profit. __________________________________________________________________________________ If you've found something interesting here you can like this idea or smash the follow button! Other ways to support my work if you choose to: --> Sign up on Binance with my Referral Link: www.binance.com --> Sign up on BitMEX and get 10% discount on all fees for 6 months after you sign up using this Affiliate Link: www.bitmex.com The supporters will get all the help you need to learn how to use different trading platforms AND understand risk management in trading via Private Messages, Discord, Skype... I'm sure most of the best traders will agree that risk management is the single most important subject you need to understand very well when it comes to trading or investing. Without this you can easily blow off your account. You can also make a donation on one of my addresses: BTC: 12qe5buhPQTAEnqmMYBNafymePd9BAgqJT ETH: 0x134c60f13c48fe1ea48b10f980a2c68070f1bf82 LTC: LTuRNgXDU2ojj7DseX4GRhQcFyJzXo82mn But again - you can instead start on Test Account and make a goal to be at least break even after 50, 100 maybe even 200 trades. Or at least for some months. Here is one example: testnet.bitmex.com Let me know if there is any specific subject you would like to discuss!
Long
by Metiu
AUDCAD (1D): Possible short positionAUDCAD (1d) can break north or south. The position here is very tricky. Long squeezes of momentum and ATR resistance can be followed by price going either way. At this time only, there's more on the chart suggesting probability for the south. On the last bullish limb up to 3rd Dec 2018, price retraced down to a 76.4% Fib before a struggling recovery from 1st March 2018 of a 50% fib. This latest retracement noreth looks weak - but of course strange things can happen. My probability estimate is for the south. How wrong I am will be limited by a stop loss. No pain, no gain. :)
Short
by Captain_Walker
BCH/BTC break out trade (short term)I've notice people either like bch or hate it as a coin. I don't have any preferences to be honest. But I've done some nice trades in the past so I guess I like it. And it learned me some costly lessons as well. After very encouraging run this week I was expecting pull back or some longer period of consolidation. I like the expression Sideway fuckery. After seeing this break out of smaller triangle with decent volume I decided to go for a ride. EDIT: Looking at Volume again - it doesn't look good on this chart but it depends on time frame and exchange. I expect some pull back now with possible retest of triangle. But it can also go back for a few more days or a week for some more sideway action and stop loss will get hit. Almost 4% stop loss is much more than I like. I might go for tighter. But reward is big enough that we are getting 10:1 on this trade anyway. I won't be surprised if this stop will be hit and it might break out later . But anyway - I can always reopen a trade when new opportunity arises. ____________________________________________________________________________________ If you've found something interesting here you can like this idea or smash the follow button! Other ways to support my work - if you choose to: --> Sign up on Binance with my Referral Link: www.binance.com --> Sign up on BitMEX and get 10% discount on all fees for 6 months after you sign up using this Affiliate Link: www.bitmex.com The supporters will get all the help you need to learn how to use different trading platforms AND understand risk management in trading via Private Messages, Discord, Skype... Never alow your position to be liquidated when trading on BitMEX. You will pay extra fees. Use stop loss. Always use Stop Limit and not Stop Market! You can also choose to make a donation on one of my addresses: BTC: 12qe5buhPQTAEnqmMYBNafymePd9BAgqJT ETH: 0x134c60f13c48fe1ea48b10f980a2c68070f1bf82 LTC: LTuRNgXDU2ojj7DseX4GRhQcFyJzXo82mn Never trade with more money that you can afford to lose. This is the golden rule. The bigger picture
Long
by Metiu
1
BTC/USD going to 5800$?!If we break 5090$ region, BTC is flying to 5800$. Bulls pushing the market up at this point! Congradulations if you caught the big swing up yesterday! Use tight stop losses so you don't loose your rewards, if we reach 5150$ im reforcing my investment! Decided to put this interesting weekly pattern to show a perspective to you guys, make sure to see it in the hourly as well, and please dont forget TIGHT STOP LOSSES!!! Since this market is dangerous and in one night it could fall dramatically!!!
BITFINEX:BTCUSDLong
by Mr_Guapo