Quick Trading Update.. Whats my plan for Ethereum?

quickfingersluc (60) · 7 years ago

Wow, thanks for helping me to grow my subscribers, I would like to share this with as many people as possible so that maybe a few will be able to implement my strategies and reap the rewards like I have.. honestly trading properly is life changing

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https://photos.app.goo.gl/NziDAGy5uZWkWmtr1

mrqtraining (31) · 7 years ago

Here is a picture of my latest gainings in ETH after following Luc's method:

Bought ETH for 0.0746 and sold it half for 0.082 and 0.091

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quickfingersluc (60) · 7 years ago

awesome.. you made just over 10% on the first half and 22% on the second half and you caught the bottom.. thats about the best trade you could make on that pair.. sweet deal :)

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11 votes

mrqtraining (31) · 7 years ago

Thank you, Luc. Thanks to you!
At the time I had set orders lower than 0.074, but it didn't fall lower than that, but I'm so happy :)

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onmytime (25) · 7 years ago

Thanks Luc! Always excitement when I see a new post of your in my feed. You teach me something every single video. I've started a journal that I pen while watching. Thank You Kindly ~

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quickfingersluc (60) · 7 years ago

Thanks, im glad you like my content.. And I love trading, cant wait everyday to get it going.. Also watching your account grow is fun too

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16 votes

seran (25) · 7 years ago

Thanks for the great videos, I've been trading Forex and Binary for long time with no success. (if you call it trading, it was more gambling than trading ^_^) I've seen your videos and yes it make sense to me. and I see what you are talking about in all charts. Thanks

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quickfingersluc (60) · 7 years ago

No problem, glad to help

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15 votes

nbiroz (27) · 7 years ago (edited)

Yes, Luc's strategy and how he explains it makes it pretty simple. I think that most systems that traders use on the markets make use of advanced TA, which is quite a big topic and certainly harder to understand.

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canyon (25) · 7 years ago

Thanks Luc! Have a great afternoon!

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ashbcrowther (30) · 7 years ago

Hey Luc do you find yourself improving your trading skills by breaking your system and rules down in videos for us. I'm getting so much value out of your videos, I hope you're getting as much value from making them :)

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quickfingersluc (60) · 7 years ago

I have often went back to rewatch a video I made months before, just as a refresher to remind me of the big picture.. Because I am a trader at heart, i tend to sell too much on the pops and not keep enough for the future as an investment.. as an example, i remember selling 90% of all my ETH at $18 and thinking i made the trade of the century... but when it hit $400 i often reflect on hold my free coins a little longer.. I also have some ETH in two wallets that I lost the keys for...So I get to go and see the address anytime i like, but have no access to the funds.. I keep thinking when ETH is $5,000 a coin im gonna cry looking at those addresses :(

17 votes

nbiroz (27) · 7 years ago (edited)

Hey, I think you should look for some people who know their stuff in crypto from programming/security standpoint, they might know of a way to recover these accounts. Tons of people lost access to their funds. I am not sure if it can be recovered in your help but it would certainly help to ask around. https://ethereum.stackexchange.com/questions/97/how-can-i-recover-or-reset-a-lost-wallet-password I think you could ask on big bitcoin forums, i've once read about a guy that specializes only in helping people who lost their accounts, but I can't find it now.

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quickfingersluc (60) · 7 years ago

Thanks for the link.. My wife bought me a new file cabinet 6 months ago, and when I was reorganizing, i threw out the paper wallets.. gah!!! i been searching through everything I own to see if I had backups anywhere.. those wallets where from the genesis investment.. unreal..

paulwoods (33) · 7 years ago

You got a sympathy upvote from me. :D

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quickfingersluc (60) · 7 years ago

Every vote counts

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13 votes

randomtradernoob (25) · 7 years ago (edited)

When it comes to paper wallets, I always like sharing my method on how I do it:
take all your private keys, and encrypt them using 7-zip.

Just make sure you choose the encryption method in the dialog to be AES-256 (which not even the FBI and CIA can crack), and not ZipCrypto (which can be cracked in 15 minutes).

Then as long as you used a strong password you'll never forget, you can have several copies stashed everywhere (on your computer, in your email, I personally have a copy on both my yahoo and my gmail, also on a flashdrive you always carry, I keep one copy in a flashdrive at my parents' house, and on my work computer, etc).

And you can still keep adding coins to these paper wallets as long as you keep a copy of the public address(es).

Taking it one step further, I use Google Inactive Account Manager as a "dead man's switch", so that my loved ones can access my paper wallets in case something happens to me. It has instructions how to access my paper wallets, telling them the password to a 7-zip encrypted archive, stored on a flash drive hidden in the house. And I also include a basic guide on how to cash out the crypto. I encrypt this 7-zip with a DIFFERENT password, so even if they hack the Google account with this info, it acts like 2FA, they also need access to the flash drive in my house. The password in the deadman switch won't work for the 7-zip files on my email, work computer, etc., only I have the password to those files.

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quickfingersluc (60) · 7 years ago

Wow you really did get serious.. I simply chose to store all my passwords and such on an encrypted USB, that only gets accessed by a personal computer that has never and will never be online.. Then I keep my incrypted USB in a very secure location.. thats pretty fool proof i think.

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6 votes

cosmir (37) · 7 years ago

Wow, talk about security. Thanks for sharing such a great advice!

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ashbcrowther (30) · 7 years ago

Oh man that sucks about losing the keys! I'm defintely going to invest in a cold wallet in the coming months and try to back everything up on to paper wallets aswell. I guess you think its losing your keys isn't going to happen to you until it does...

Im going to write myself some trading guidelines to strictly follow to try and avoid trading with emotin. I want to leave 50% of my profits to trade and grow the amount I can trade at a time then invest the other 50% for the long term. Or something along those lines anyway

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quickfingersluc (60) · 7 years ago

Yeah.. after seeing the way so many of the coins have grown to 10x 100x 1,000x and more, it is important to be investing as well as trading.. good plan..

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6 votes

wisebeardy (25) · 7 years ago

I've been thinking along similar lines. However I'd like to grow my accounts a little more aggressively, so my current plan is to leave 10% of my position from a trade for long-term investment.

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gabor (25) · 7 years ago (edited)

Sorry if it was already asked, but how(where) do you trade your cryptos back to fiat ? I'm not a trader and I'm a bit afraid of the bip 148, so I was thinking about going back to fiat.

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quickfingersluc (60) · 7 years ago

If your not planning to send them to your bank account, you have a few Fiat type options= theres tether USDT which stays pretty close to actual USD and theres Steem dollars SBD which also tracks the USD price.. so you can convert to those coins and should remain unaffected by a bitcoin crash... otherwise you need to have an exchange in your country that will send you the funds back when you want them..

17 votes

constantins (25) · 7 years ago

Thank You!

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nbiroz (27) · 7 years ago

Thanks Luc. I think it would be nice to hear few words from you about trading ICOs, even in pre-sale, as I've noticed they seem to have very nice volatility once they hit the exchanges. But there's not much history to read on the chart, and no certain bases, so I am wondering if you trade those and how.

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quickfingersluc (60) · 7 years ago

I trade them all day every day.. but small small size because of the risk.. they can drop on you in a second.. so its best to only trade very small ..

newrealms (25) · 7 years ago (edited)

Luc, appreciate every time you post. There are little gems in every one. And, so looking forward to watching your retrieved videos. Fortune has a way of shining down on the deserving!

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quickfingersluc (60) · 7 years ago

thanks, yeah, my videos are just unscripted, off the top of my head, whats happening now.. but i do have alot of experience and so I can never really cover everything on any one subject in any video..

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18 votes

mermaid23 (25) · 7 years ago

Hi Luc, In the video, the chart of AE that you show does not look like it has the same types of bases that you draw on the STRAT chart and on Etherium etc. Can you talk a bit about how to read that chart and what we're looking for?
Thanks!

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quickfingersluc (60) · 7 years ago

That is a completely different strategy.. only for small accounts/ small trades, I talk about this in my introduction video.. no bases, your just bouncing the range on those tiny tiny volume coins

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11 votes

nilosnud (26) · 7 years ago

Hi Luc, can i ask what platform are you using to trade? It is really interesting that you are able to draw on the charts. I just watched your old video, also wanted to know what alert program or system are you using? Couldn't quite hear what you said in the video although you mentioned it twice.

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dogphish (25) · 7 years ago (edited)

He uses Coinigy. https://www.coinigy.com/ They got a 30 day free trial.

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4 votes

quickfingersluc (60) · 7 years ago

Coinigy.. everything is through Coinigy.. Charts, Alerts, Orders.. .. they have an A.P.I. that connects with the exchanges and so you can trade all your account through one platform

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8 votes

vargint (25) · 7 years ago

Hi Luc, Thank you very much for sharing! I am very new to this, already made a mistake of investing too much into eth and ltc, just before everything started dropping hard Lol. But i can wait until they come back up, so i doubt it'll be a loss in the end.
I really want to learn your way! What exchangers do you suggest using? Would you recommend some currencies most? Do you mostly load everything in coinigy and trade there? Sorry if my questions are too basic!

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quickfingersluc (60) · 7 years ago

Coinigy is only a trading platform.. it links to the exchanges you have money/coins at.. I like Bittrex Poloniex Cryptopia HitBTC Kaken.. I recomend you trade the coins that you believe in and have safe charts

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https://www.coinigy.com/s/i/5966d760ed83d/

wiggy1289 (25) · 7 years ago (edited)

Hey man, so glad to see you're back online. I love your content - It gives me the confidence I need to take trades and I really appreciate your service to all of us.

I wanted to post a link to a BLITZ chart and ask if I've correctly identified the new base. I'll just post the link and if you can reply, great, if not, I understand you're super busy!

Thanks

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quickfingersluc (60) · 7 years ago

Looks good to me.. your first base I would have drawn a little lower, because it went through that line quite easy with makes the old old old support invalid.. I would have made that first base .00035 and the second base looks right on at .0002ish.. even though it did technically fall to .00005 for a second, that was just a big order, thin book situation..

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turi (25) · 7 years ago

Hi Luc!
I believe you mentioned elsewhere that you had some buy/sell orders left when you go to sleep (while here you missed a sell on STRAT for the same reason). Do you do that often? Any change in the strategy when you do that?
I'm scared that the bounce and another crash might happen before I get a chance to sell, but I actually missed good trades two or three times for not doing it!

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quickfingersluc (60) · 7 years ago

Its just part of the game.. I have soo many trades going on at the same time that its hard to keep up, and then things happen while your sleeping too.. not to mention I trade on the stockmarket all day.. so no one trade really ever means that much to me.. If its ETH or BTC im trading, than I will really watch closely, but if its anything else then its just the small trades...

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lingtriloquist (39) · 7 years ago

I'm not going to lie Luc, that chart on AE/BTC scares the shit out of me because it looks soooo choppy...BUT like you said, if the 1-2 month history of price action looks good, then it's still tradeable.

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quickfingersluc (60) · 7 years ago

And you gotta trade it small.. very small.. because the volume sucks and it could drop or pop insane...

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7 votes

jungleguu (25) · 7 years ago

Thanks so much for the new videos!! Much appreciated

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hiya83 (25) · 7 years ago

Hey Luc, I've been watching a bunch of your videos and it's being very insightful. Thanks for doing this! Quick question but do you know why when trading ETH for e.g. people would be putting up these sell walls which quickly disappear once it starts to chip away? AFAIK there's no shorting feature yet, so why would anyone want to prevent a price from going higher if they held that much coin? Thanks!

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quickfingersluc (60) · 7 years ago

those are Market Maker games.. often large orders will show up on the bid or ask to influence the retail inverstors to move the price.. if there is a large bid then some traders will buy the ask thinking there is alot of support.. but then the bids disapear and there seems to be more sellers now on the ask, so traders will begin selling, and the big guys flashing these large orders just made the spread... they design trading bots to try to move around the weaker hands and make a bouncy market.. its normal stuff.. its actually a good sign, that ETH is healthy and worth the big guys writing these trading algos for..

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14 votes