So sorry about this but maybe when there is a bull anyone here might wanna add more quality to their homes

mixmastering:


That day,
I just lie down, I say make I check wetin dey happen for market.

I look I see pattern wey chart dey print.
I laugh. I say, I suspect say na all these scalpers dey at work. But I no sure.

Later I visit this thread I see your post. I laugh.

Na so!
Truthfully, as an active trader, nothing frustrates me more than having my funds tied down for days and weeks.
I always like to take advantage of price fluctuations, hence; scalping!

4 out of 7 days trading, if the markets can give me 3.8% profits and more, I dey ok.

The markets have taught me lessons not to be greedy.
If na before, I go say wetin be 3%, when I can aim for 5% and above?
The markets will humble you!








Happy trading!

how much

tahir01:
$44 stx for sale.

mixmastering:
Luna started printing red candles about two days ago.
And three guys began to Fud about 3.0

I checked the charts and realised that the red candles were inspite of serious buying pressure
The chart just had to go down.

I posted that it is a dip that leads to a pump.

Them leave the people wey dey fud come wan face me.



I never even start.
You go see TA tire so tey you go begin remove eye if e no concern you.

I wan see the gather-brush cursing wey go sweep me comot for hia o.

I go post TA wells. Na you go tire.
Get ready.

@deflover how body?
E be like say you no know, but I enjoy your TA.
I enjoy reading your views.
Any day you open a strictly TA thread wey TA people fit dey rub mind, abeg mention me.
People chart reading and their analysis dey give me joy I no know why
(I know say you no talk say you wan open thread sha)

boss i will think about it


create the thread and invite me
lets do something different

deflover:


boss i will think about it

Thanks boss, you too much.

Kingsteve:


Na so!
Truthfully, as an active trader, nothing frustrates me more than having my funds tied down for days and weeks.
I always like to take advantage of price fluctuations, hence; scalping!

4 out of 7 days trading, if the markets can give me 3.8% profits and more, I dey ok.

The markets have taught me lessons not to be greedy.
If na before, I go say wetin be 3%, when I can aim for 5% and above?
The markets will humble you!








Happy trading!

No lies.

You said "Risky but fun"
So true.
How do you keep out of the way of long red candles that seems to appear from nowhere?
Are you always alert to watch out for it or you rely on technincals?

I ask because it seems like it is a regular occurrence for scalping patterns, one moment you see the staircase, the next moment, na one very long red candle that doesnt look like it was caused by a scalper selling.

deflover:


boss i will think about it

Please do.. I have a lot to learn �����

Lol

seankafor:
I want to get you straight..

El Salvador
Michael saylor (micro strategy)
Elon musk (Tesla)
ETC

These are known whales.. there are thousands if not million others..

Did all these panic sold when Luna dumped 30k+ btc to the market?

Instead El Salvador bought 500+ more, I guess other whales accumulated too..

I don't Know if it's lack of reasoning or that you have fish brain that can't make you guys apply simple reasoning before stereotyping..

Crypto is a decentralized assets and as such not a single person nor group of persons has monopoly to it's control and manipulations..

But retards like you thinks there is a whale or group of whales that presses buy and sale button at their convenience.

Move on my friend

Avoid noise makers wen u see em.. There are certain characters that won't dissolve until puberty.. Just avoid em

Hello traders , we still buy btc , usdt and eth in bits and bulk at good rate......08088769163 Whatsapp for instant exchange.

[Please how do I know the equivalence of naira to dollar

Lordcruiz:
[Please how do I know the equivalence of naira to dollar

try google
U can as well use calculator if your using android phone,but make sure you on your data,then refresh/update your calculator

OpenHeaven2019 I've got a WL offer for you.

Can I send you an email?

mixmastering:


No lies.

You said "Risky but fun"
So true.
How do you keep out of the way of long red candles that seems to appear from nowhere?
Are you always alert to watch out for it or you rely on technincals?

I ask because it seems like it is a regular occurrence for scalping patterns, one moment you see the staircase, the next moment, na one very long red candle that doesnt look like it was caused by a scalper selling.

First rule of scalping...never trade against the trend!
Just like the screenshot of the charts I posted before, notice how the higher timeframe of D4 is bullish.

Not just the D4, I also make sure the 1WK, 2Wks and 1Mnth timeframes are in sync with the bullish trend, meaning the candles are all in green.

So for me to scalp, I use the lower timeframes of H4 and the rest, to confirm their lows and highs, and then trade in between that range.

Since no prediction is 100%, which means a long red candle can spring up from nowhere, I always try to exit the market as soon as the price is almost reaching the resistance lines.

On the other hand, if the D1 timeframe has a strong buying pressure, and there's a higher resistance on the D1, I ignore the lower resistance in the lower timeframes, and aim for the D1 resistance, which means more profits...maybe from 5% and above, all depending on point of entry.

Trading is fun!

Kingsteve:


First rule of scalping...never trade against the trend!
Just like the screenshot of the charts I posted before, notice how the higher timeframe of D4 is bullish.

Not just the D4, I also make sure the 1WK, 2Wks and 1Mnth timeframes are in sync with the bullish trend, meaning the candles are all in green.

So for me to scalp, I use the lower timeframes of H4 and the rest, to confirm their lows and highs, and then trade in between that range.

Since no prediction is 100%, which means a long red candle can spring up from nowhere, I always try to exit the market as soon as the price is almost reaching the resistance lines.

On the other hand, if the D1 timeframe has a strong buying pressure, and there's a higher resistance on the D1, I ignore the lower resistance in the lower timeframes, and aim for the D1 resistance, which means more profits...maybe from 5% and above, all depending on point of entry.

Trading is fun!

Makes sense now, thanks.
Question answered.

But you wrote D4 up there, was that a typo?

Last question
For scalping, what's the risk apetite like,low or high? In terms of capital that is. Or it depends?

I don't know if I asked that right but I am just wondering if scalpers use huge funds to enter a market?
Like in spots or futures, people could go in with several $kss.

Don't mind me and my many questions, I dey admire scalpers and wonder how they make money from such a very tight spot

mixmastering:

Makes sense now, thanks.
Question answered.

But you wrote D4 up there, was that a typo?

Last question
For scalping, what's the risk apetite like,low or high? In terms of capital that is. Or it depends?

I don't know if I asked that right but I am just wondering if scalpers use huge funds to enter a market?
Like in spots or futures, people could go in with several $kss.

Don't mind me and my many questions, I dey admire scalpers and wonder how they make money from such a very tight spot

D4 is Day 4/4 days timeframe.
D1 is Day 1/1 day timeframe.

For a trader to be satisfied with the small profits of 2,3,4 and 5%, it will require trading with a sizeable portfolio.
Let's do the math...

Now imagine scalping with $1k, and out of 7 days of trading, you make 3% daily in 4 days, the remaining 3 days could be bad days or whatever.

Now, 3% of $1k= $30
$30*4 days of successful trades=$120.
$120*N600( exchange rate)= N72k.

So on average, a scalper could be making N72k, more or less in a week, depending on your level of scalping.

My intention in the long run is to be scalping/day trading with N5M.

With that kind of funds in my portfolio, all I need is just a 10% profit in a week, which will be N500k.
A month=N2M, more or less!

This is the relief rally we have been expecting 35-37k before the decider up or down.

Ada's Vasil fork testnet is going live in 3 days time while the mainnet is on the 29th.
June will be a good month for Ada.

Opened a long position @ 0.536.

Bmaster:
sir with a graphic illustration from binance,can you screenshot and circle for me how ratio of long/short is.
I mean how to read it,?

You can type Btc long:short ratio on Google. There are sites that show the graphics.

Kingsteve:


D4 is Day 4/4 days timeframe.
D1 is Day 1/1 day timeframe.

For a trader to be satisfied with the small profits of 2,3,4 and 5%, it will require trading with a sizeable portfolio.
Let's do the math...

Now imagine scalping with $1k, and out of 7 days of trading, you make 3% daily in 4 days, the remaining 3 days could be bad days or whatever.

Now, 3% of $1k= $30
$30*4 days of successful trades=$120.
$120*N600( exchange rate)= N72k.

So on average, a scalper could be making N72k, more or less in a week, depending on your level of scalping.

My intention in the long run is to be scalping/day trading with N5M.

With that kind of funds in my portfolio, all I need is just a 10% profit in a week, which will be N500k.
A month=N2M, more or less!

Thank you.
All scalping mystery solved

D4 hmm

I am now sure that is why MT4 is popular.

renminbiyuan:


My friend, this is Trash with all due Respect..

Emphasis ought to be on the risk ( i.e. the max amount you stand to loss if things go wrong) & not on the size of the margin nor the leverage.

E.g if ur using 50% of your a/c size as the margin & 10x leverage; hw much do you stand to loss if things go wrong? Are you comfortable Lossing that amount?
You must get the ans to the above Questions before placing the entry order. If you don't hv the ans, don't enter the position; So you don't inflict physcology injury upon yourself, becus ur actually not trading but gambling.

In futures we decide & plan only the amount we are comfortable to loss in any given position before entering that position.

The size of the your margin & leverage ought to depend on the proportion of your risk; so the size of your M & Lev are irrelevant. U need to go back and learn position size calculation.

Whatever works for you. I don't look at how much I am going to loose. I trade based on support and resistance with Btc as my standard and so far I have been successful 85% of the time.

mixmastering:

Thank you.
All scalping mystery solved

D4 hmm

I am now sure that is why MT4 is popular.

You're welcome!

Freelancerx:
the initial link basically helps newbies and even experienced folks. Has a lot of helpful information

It's really interesting to know.
Have already set-up my Yellowcard account.

Eastcoastboy:


Only BINANCE?

Check for it on Yellowcard card

Realboygenius:
Check for it on Yellowcard card

Not using Yellowcard

Any news on shiba

rymzo228:
So sorry about this but maybe when there is a bull anyone here might wanna add more quality to their homes

This is beautiful. Where are you base?

Eastcoastboy:


Not using Yellowcard

You can download and try it.

DannyEl12:
Glad I didn't sell my lunc for luna

Are you still glad?

emmynoel999:
OpenHeaven2019 I've got a WL offer for you.

Can I send you an email?

Yea send

mixmastering:
El@nn can cough up a pump.

It is just that I also know that El0nn has been trying, for so long, to cough doge to $1.

I think charts and market do have some independence even though they are interdependent.

Sometimes, The chart just wants to check something on the ground.
A chart going down sometimes does not mean people are selling.

You either show patience for it to return back up or you buy the top. (Donot buy the top, e dey cause resistance).

As you wait for the whales to cough, abeg, allow others breathe.

.


If you don't have dogecoin you are on your own, boy he coughed and it is on Green better load up so that starlink acceptance of it won't let gnash your teeth