What's gonna happen next? Will Bitcoin sell off right after everyone gets some Bitcoin Gold? Honestly I read charts and let the charts tell me when to take a trade. Its reactive trading, no predictions. But I would like to take a few minutes to answer common questions I have been getting.
I apologize if I get a little sarcastic when answering these questions, but I have a hard time watching traders lose, when its so hard to lose with the right trading mindset. I am always trying, in every video to explain how you need to think as a trader.
I hope these videos help new traders achieve financial freedom: Excellent video as always Luc and thanks for mentioning the forum.
It's growing slowly but surely, hopefully more will participate and it will grow. Thanks Tom for your hard work. I hope your forum grows and is another avenue to help new traders. Ill try to visit regular, to answer some questions and chit chat.
Hi Luc, thank you very much for going over ADX. I was one of the traders who didn't follow the system correctly and got caught up in that one. I've been great at layering in but up til now, I've been very lax in both layering back out and participating in every bounce.
Just lazily setting the entire sell right below the base and calling it a day. That usually works but it bit me with ADX. When it went south, I shamefully panicked and got out with a small loss. The thing about your method is it is deceptively easy but once you dig in, it's fractally complex. Laziness is the culprit on my end though. I figured, yeah yeah layering out whatever. The more I follow this way though, the more I realize everything Luc two questions i get when bitcoing is breaking to new highs demonstrated is necessary to keep those probabilities high.
So, thanks Luc and carry on! I love and upvote every video. Excellent video and trade method, I've been doing something similar and had bad and good two questions i get when bitcoing is breaking to new highs but in average good, thanks for sharing. I'm always getting that feeling that this is getting ridiculous.
Thanks for the simple refresher. Thanks for your different style of trading, looks promising. But what if the chart keeps going down, like ETC since september. Would you be keep on buying and buying? At a point you will be feeling sorry you bought in, and want to get out Never mind, I found an answer in one of your fine video's. Thanks for you sharing this awesome technique. I know there are always alot of questions until new traders watch all the videos. Hey quickfingersluc two questions i get when bitcoing is breaking to new highs I be able to get an invite to your slack channel?
One of your all-time great posts, Luc. The "hope it goes down more" mentality, and "participate in every bounce" Thanks so much for sticking with us. I think he practically nailed it with the mentality thing here With this I two questions i get when bitcoing is breaking to new highs, no more panics when price falls.
Now I can get my glass of juice and celebrate. You have completed some achievement on Steemit and have been rewarded with new badge s:.
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By upvoting this notification, you can help all Steemit users. I get it NOW. Layer in on panics and layer out on bounces. Can't believe I missed the layering out part. Yeah, its true, there are alot of losers in trading: Very unfortunate, and I only buy a coin when someone is giving it away at unreasonable prices. But thats trading, I feel bad for whoever sold it to me, but they did and I was there.
There's gonna be people who lose money in the market, typically people new to trading or even more experienced traders who use methods with not a great success rate Great video, thanks a lot.
The nuances of your strategy are finally starting to come together in my head: I'm kind of ashamed to say it, but I made that mistake in a lot of my alt trades earlier this month. The ones where I didn't layer in and layer out, I'm still sitting with.
I expect they will come back, even though it will take a while - I'm patient. Your video just crystallized this for me in my mind. Thank you for sharing your wealth of knowledge! You are a God send! Hi Luc, this is the ADX back in "real time". How do you decide to exit the bounce participate? Is it the last red bar that shows you the resistance or? Participate in every bounce, not exit You cannot predict the future so if you see that many alts are being dropped all at the same time because something like BTC is soaring, then you may want to exit for smaller profits, but you must atleast participate in the bounces.
Thanks for another great video Luc, like others this really helped crystallize it for me. I have a question about down time. Or even better you got into a coin, expecting a bounce and it didnt happen as fast as you thought it would and it is way past bed time? This last one has kicked my but several times, just missing the sell with my stop.
My main motivation for this question is that my wife is not digging my new choice of career direction. Mostly because of all the interruptions at odd hours and it would certainly be easier if I had an external office, but then I would feel like I am missing out on some really great deals on the flip side?
I suspect as a new trader I may be a little over enthusiastic, but in part I think this is part of the territory. I would appreciate some in-put from you and others that have found some systems that function better than mine. I use my phone alot.
I just have coinigy set up to email me when a trade goes off and then I run to the office to set up additional buys or sells as needed. China's day is my night, so its just what it is. Otherwise, yeah I work mon to frid Thanks Luc, Would you mind sharing what apps you are using, or do you mean sms notification on Coinigy.
I have noticed that the emails on my phone are not able to update sooner that 15 minutes. Also do you ever do trades on you phone when you are out and about, and if not is it for security reasons, or separation of work and play reasons? I use Bitcoin Ticker Widget the most, because it not only gives alerts but two questions i get when bitcoing is breaking to new highs has charts.
I also like Crypto Prices All-in-One For the current state of BTC, the last clear base appears to be atwhich is obviously now quite far away from the its sitting at. When it starts to panic what are you working off of? Are you waiting for a nice panic and then strong reaction to identify a new base before buying?
Who knows when or if we ever crack that base Really been enjoying your vids, as everyone else has here. You make a lot of sense, and kudos for helping all of us make some money on the CryptoMarkets. As a two questions i get when bitcoing is breaking to new highs, I am trying to find the best exchange to use in order to make trades quickly and securely. I was looking at Krakken sp? Which exchange do you recommend to get started trading with?
Yeah, Im really having a hard time with Kraken lately. Participate on every bounce! This is the key rule i've been missing. Thank you Luc great video. I know you are extremely busy but i think a list of the rules you must follow for QFL method would be extremely helpful to new traders.
You need to sign up to Vaultoro, generate an API key in theSettings' section. Beberapa platform telah memperkenalkan bentuk dasar bot trading otomatis. Indicators in the trading world are tools to help predict the future based on the current trend of the market. This video is Part 5 of my Bitcoin Basics video series. For example, suppose the price of ETH increases by 10 (0.