The tension is killing me

>You can't make big money on a horizontal trend
really? cause i can make 5% per day on ltc/eur if i know it's just going sideways.

These meme graphs are astrology-tier retarded

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WTF? Look at it again. There is a mistake. 5 blue triangle, upper left corner, the white radios is -0.03425432 % too big, therefor the forcast is 5% to high. But not bad at all.

Horizontal trends are the easiest way to make money actually

safest at least it's kinda boring tho. but daily compounding 5% will quickly add up to insane amounts. 430% a month and that's just starters.
if there was no risk of breaking out just daily volatility i wouldn't even do anything else.

I'm listening anons. Shill me on this.

Seems like you can draw these lines pretty much anywhere though.

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Do you see that if you went long on the breakout of the triangule, you would have made some pretty good money?

>My imagination will become a reality

Delet this bitch

imagine when ltc is around €53.3 you set a limit buy order to €52.6 and a limit sell order for €54.2 rinse and repeat...

Usually when drawing meme triangles you want to use three points of data or more on both bottom and top portions. If there is too much action happening outside the triangle it's not as reliable and arguably invalid. TA is a subjective thing though. People who expect it to be a science are the ones who say it's all hokum and you may as well do tarot readings for the same reliability,

Which user on tradingview is this?

What if it never goes back to 54.2? What's the back up plan? Couple days ago if you bough at 62 waiting for it to go to 66 you'd be bagholding by now.

Sorry, not doubting your strategy, just trying to understand it.

set your stop loss at 51 and repeat

Dump in 5... 4...

PEPE NO

when it goes sideways it's easy when not it's not easy was exactly my point but be very careful with your buys and be conservative with your sells if you think it can go higher than your initial target don't risk

>he bought?

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the general strategy can be called market making. there is a shit load of literature about it.

indeed but it's important to do start experimenting with it at near local bottoms. because that way your risk is more manageable. worst case you wait an extra day.

Faggot liar..show ur trades or ur full of shit pajeet

how would i show my trades lol? i can edit a screenshot to show anything i fucking like.

Ten 10 2018

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yeah... the tension is so hard to handle.... imagine if it stays flat like it has been doing, wow i'm going to have a heart attack.

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how about you put $10 and do what he told you to do instead of callling him a liar

not literally tho every day is different first get a feel for the daily range, then play it.

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zero fees exchange?

limit orders on coinbase pro

>He thinks its bitcoin

actually the 1 with fee was an impatient market buy, patience is important when you think it won't get lower you are usually wrong.

SOON

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Never said it was

the most important thing with this if you look at it the price is irrelevant so long there is volatility you can make bucks.

yeah I know my way around, just always wanted to try scalping with zero fees

your fear of fees and toilets is embarrassing

do I really need to fill all personal information out? burgers do like to have a strong grip on everything

yeah that was my biggest issue also they are fucking anal about identification

What coin is this

oh and one last advice dudes if you want to try what i was talking about.

when you trade ltc against euros btc/usd is a few seconds early warning system. when you see it taking a dive, fucking sell immediately. sometimes you still can. ltc and ltc/btc is tied to bitcoins price movements it makes for a simple multiplier i found. basically any movement on btc will be exaggerated on ltc. this can of course change any time. it's just something i use currently.

an other thing if you want to stack btc for long term you can buy ltc now it will probably double in ltc-btc ratio to current levels once the bullrun gets going. so basically you can have twice the btc than what you could get now at these low prices.

Somewhat of a shill, but GVT is going to do exactly this and make it trustless