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Trading Bitcoin with Trend lines and S/R

  • #61
  • Sep 6, 2019 11:12am Sep 6, 2019 11:12am
Quoting g-force
{quote} This comment + I noticed your signature. You have a good grasp, my friend.


> Good Food + Exercise + Meditation = Good Life!

---> Easily said than done, the best we can do is try..
Meditate -> Workout -> Good Food = Good Life!
  • #62
  • Sep 6, 2019 11:14am Sep 6, 2019 11:14am
Quoting MarkGman
{quote} Stand by that prediction LOL. I feel the same way though Yellow. Looking for the upward momentum to continue.
seems you were right, at least until current levels.. I lost some..
Meditate -> Workout -> Good Food = Good Life!
  • #63
  • Sep 6, 2019 11:23am Sep 6, 2019 11:23am
Quoting enochben
For me crypto is the same - I am simply trading it and I don't ever plan on taking possession of bitcoin - I just want to make money off of the price fluctuations. At the end of the trade I want to have cash - and that CASH I CAN WITHDRAW and use how I see fit. ....“It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is the most adaptable to change.” – Charles Darwin
Amen! My approach exactly.
  • #64
  • Sep 6, 2019 11:29am Sep 6, 2019 11:29am
Quoting YellowFellow
{quote} seems you were right, at least until current levels.. I lost some..
I hope you know I was just messing with you. I feel a sense of anxiety every day when speculating and executing my trades. I too use meditation to calm myself - could do better on the food and exercise though.
  • #65
  • Sep 7, 2019 10:41am Sep 7, 2019 10:41am
Quoting MarkGman
{quote} I hope you know I was just messing with you. I feel a sense of anxiety every day when speculating and executing my trades. I too use meditation to calm myself - could do better on the food and exercise though.
I suffer from chronic anxiety too, I think I have improved a little lately by consuming lots of coconut water (rich in potassium).

As of late, been taking Apple + almonds + cottage cheese as breakfast and try to walk as much.
Meditate -> Workout -> Good Food = Good Life!
  • #66
  • Sep 8, 2019 6:46am Sep 8, 2019 6:46am
I'm short again.. this time it does not look so bad..

IF price can sustain below SMA-13 on H4, I'd be more sure about my trade..
Attached Image (click to enlarge)
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Meditate -> Workout -> Good Food = Good Life!
  • #67
  • Sep 9, 2019 12:27pm Sep 9, 2019 12:27pm
Quoting YellowFellow
I'm short again.. this time it does not look so bad.. IF price can sustain below SMA-13 on H4, I'd be more sure about my trade.. {image}
My shorts survived today's volatility.. remain hopeful..
Meditate -> Workout -> Good Food = Good Life!
  • #68
  • Sep 9, 2019 2:22pm Sep 9, 2019 2:22pm
Quoting YellowFellow
{quote} My shorts survived today's volatility.. remain hopeful..
You have been short a lot lately . How have your BTC trades been performing overall this year?
If you like my post throw me a Doge: D85YHaQ6nQTp4oT13sHoAZbETn3sADVnF8
  • #69
  • Sep 9, 2019 2:49pm Sep 9, 2019 2:49pm
Quoting g-force
{quote} You have been short a lot lately . How have your BTC trades been performing overall this year?
To be honest, I'm learning.. some days are good, some days are bad..

No matter how good I feel after winning, next day is like Sh!t.. WTF.. I don't know a thing.. and stuff like that..


> How have your BTC trades been performing overall this year?

---> BitCoin Gains 14% by far.. see att..
Attached Image (click to enlarge)
Click to Enlarge Name: bitc-gains.png Size: 26 KB
Meditate -> Workout -> Good Food = Good Life!
  • #70
  • Sep 9, 2019 3:10pm Sep 9, 2019 3:10pm
Quoting YellowFellow
No matter how good I feel after winning, next day is like Sh!t.. WTF.. I don't know a thing..
This is a common feeling for people that have a deep knowledge base. You have to know quite a bit to know you don't know much . Just don't let your losses hurt your confidence too much.

14% isn't bad, looks like your moneymaker is gold though huh?
If you like my post throw me a Doge: D85YHaQ6nQTp4oT13sHoAZbETn3sADVnF8
  • #71
  • Sep 9, 2019 6:29pm Sep 9, 2019 6:29pm
Quoting g-force
{quote} This is a common feeling for people that have a deep knowledge base. You have to know quite a bit to know you don't know much . Just don't let your losses hurt your confidence too much. 14% isn't bad, looks like your moneymaker is gold though huh?
Right!
Wise people know very well that they know very little, bitter fact, live with it :-)

Those profits from Gold are one off thing, I don't trade Gold much, sometimes burn hands.. Gold requires fair size accounts, mine are small.
Meditate -> Workout -> Good Food = Good Life!
  • #72
  • Sep 9, 2019 6:35pm Sep 9, 2019 6:35pm
I thought I should share these..
Attached Image(s) (click to enlarge)
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Meditate -> Workout -> Good Food = Good Life!
  • #73
  • Sep 9, 2019 6:37pm Sep 9, 2019 6:37pm
Quoting YellowFellow
I thought I should share these.. {image} {image} {image} {image} {image}
The one at bottom with 2 - 3% monthly returns is a demo account.. and that's the kind of returns I like..
Meditate -> Workout -> Good Food = Good Life!
  • #74
  • Sep 10, 2019 1:32am Sep 10, 2019 1:32am
Quoting YellowFellow
I thought I should share these.. {image} {image} {image} {image} {image}
Nice, drawdown seems limited and returns look great so far.
If you like my post throw me a Doge: D85YHaQ6nQTp4oT13sHoAZbETn3sADVnF8
  • #75
  • Sep 10, 2019 8:58am Sep 10, 2019 8:58am
Holding the shorts.. so far, so good..
Meditate -> Workout -> Good Food = Good Life!
  • #76
  • Sep 10, 2019 11:44am Sep 10, 2019 11:44am
Quoting YellowFellow
Holding the shorts.. so far, so good..
Closed all.. whatever ahead.. need lesser stress..
Meditate -> Workout -> Good Food = Good Life!
  • #77
  • Sep 11, 2019 11:51am Sep 11, 2019 11:51am
YF have you opened anything since? I'm waiting to get back in but am not finding anything. So I wait patiently....
Attached Image (click to enlarge)
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Why use the SMA(13)? Is that a common one? Also - have you tried out trading your method on ETH or LTC?
  • #78
  • Sep 11, 2019 12:37pm Sep 11, 2019 12:37pm
Quoting cityRat
YF have you opened anything since? I'm waiting to get back in but am not finding anything. So I wait patiently.... {image} Why use the SMA(13)? Is that a common one? Also - have you tried out trading your method on ETH or LTC?
> YF have you opened anything since?

---> Awaiting decisive direction for BitCoin..

> Why use the SMA(13)?

----> kinda works for me.

> Is that a common one?

----> not sure what others use..

> Also - have you tried out trading your method on ETH or LTC?

----> Nopes, in future I might..

Do you just wanna trade BitCoin or anything?
Meditate -> Workout -> Good Food = Good Life!
  • #79
  • Edited 3:00pm Sep 11, 2019 1:15pm | Edited 3:00pm
Thanks...
Quoting YellowFellow
{quote} > YF have you opened anything since? ---> Awaiting decisive direction for BitCoin.. > Why use the SMA(13)? ----> kinda works for me. > Is that a common one? ----> not sure what others use.. > Also - have you tried out trading your method on ETH or LTC? ----> Nopes, in future I might.. Do you just wanna trade BitCoin or anything?
Other than BTC/USD I've been trading ETH/BTC because it's at crazy lows and shorting it has been profitable.
  • #80
  • Sep 11, 2019 3:28pm Sep 11, 2019 3:28pm
Quoting YellowFellow
{quote} > YF have you opened anything since? ---> Awaiting decisive direction for BitCoin.. >
It looks like we're nearing the end of this consolidation period so I'm keeping positions tight until we see a direction. This thing is not looking great on a longer time frame, but we'll have to wait and see.
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