RE: BTC hits $3,500!!! lets go over some charts, and discuss Simple & Safe trading

You are viewing a single comment's thread from:

BTC hits $3,500!!! lets go over some charts, and discuss Simple & Safe trading

in trading •  7 years ago 

Hi Luc, thanks for all this!

Assuming liquidity wasn't a problem, how much then? Would you start with 5% of the 1 bitcoin, 10%? What about the last one where you "get in big" what sort of percentage of the 1 bitcoin would that be?

trading
7 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.00
    1 vote
    4
    Authors get paid when people like you upvote their post.
    If you enjoyed what you read here, create your account today and start earning FREE STEEM!
    Sort Order:  
  • Trending
    • [-]
      ·  7 years ago 

    Of the one bitcoin? Im sorry, i don't understand the question.. I dont have set % for buying in.. Its not mathematical for me.. I look at the time and sales and level2 to see whats normal, and then I start putting in orders all the way down the bid.. a little here and there, and then I watch how the coin drops.. if it drops fast, then pauses, I might buy a large chunk all at once.. if it takes its time and doesnt show evidence of real panic selling, then I will keep my orders small...

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
    $0.00
      10 votes
      [-]
        ·  7 years ago (edited)

      You are really great. Thanks for teaching us all this stuff in detail. I didnt know that you also analyse how fast the price is falling. Maybe I missed this in your videos, even if I have watched them several times.

      Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

      • Disagreement on rewards
      • Fraud or plagiarism
      • Hate speech or trolling
      • Miscategorized content or spam

      Submit
      $0.00
        1 vote
        [-]
          ·  7 years ago 

        Hi Luc, Thanks again for your time and patience. I know these questions are coming thick and fast.

        I suspect that many of us with small accounts often don't have a problem with trading too big for the market. It's more of a question of "how much of my account should I trade?"

        Would definitely like to hear more about what influences your sizing.

        Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

        • Disagreement on rewards
        • Fraud or plagiarism
        • Hate speech or trolling
        • Miscategorized content or spam

        Submit
        $0.00
          [-]
            ·  7 years ago (edited)

          Hey Luc,

          I'd like to thank you for helping this community. You personally helped me grow my account by over 25% in the last 25 days :)

          I have a question though. When you say you look at the time and sales, what do you mean? How does the level 2 data impact your decision on buys beyond your base-breaking strategy?

          Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

          • Disagreement on rewards
          • Fraud or plagiarism
          • Hate speech or trolling
          • Miscategorized content or spam

          Submit
          $0.00