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LTC

3 trading methods with my indicator. :)it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly, it works good for stocks and cryptocurrency. you will use heiken ashi chart style and turn on the EMA DOTS indicator. once the indicator is on you will hide the heiken ashi so you only see the dots. when a green dot -0.57% -7.44% appears you buy, if a green dot -0.57% -7.44% appears after that green dot -0.57% -7.44% you hold your investment. if a red dot appears you sell your position. easy as that. the standard dots setting will be set to 10 - use this for any chart above 3 days change the dots setting to 6 for 3day charts and below shorter time frames will be choppy. larger time frames will be smooth. *Daytrading smaller timeframes is possible but not recommended.
NASDAQ:AMZNEducation
by UnknownUnicorn2319099
3
Elements of a Successful Trading Plan 106SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Elements of a Successful Trading Plan 106 The last Element that i will explain is Trading edge. 6. Trading Edge The season, in which the currency will exchange, it is beneficial to hold the exchanging edge down to maybe a couple setups when beginning. The more systems one plans to ace, the more troublesome it will progress toward becoming reliably profitable in the market. The following are the points of interest of exchanging edge: • Early Range Breakouts • High Volume • Tight Spreads • Combination preceding the breakout Follow your Trading plan, remained disciplined and keep learning !! Please Follow, Like,Comment & Follow Thank you for your support :) This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
BITFINEX:LTCUSDEducation
by SMPTrader
Slow and Steady WINS the race.Buy Green Sell Red // it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly, // it works good for stocks and cryptocurrency. // you will use heiken ashi chart style and turn on the EMA DOTS indicator. once the indicator is on you will hide the heiken ashi so you only see the dots. // when a green dot 0.35% -0.78% -0.78% -6.68% -7.44% -7.44% appears you buy, if a green dot 0.35% -0.78% -0.78% -6.68% -7.44% -7.44% appears after that green dot 0.35% -0.78% -0.78% -6.68% -7.44% -7.44% you hold your investment. if a red dot appears you sell your position. easy as that. // the standard dots setting will be set to 10 - use this for any chart above 3 days change the dots setting to 6 for 3day charts and below // shorter time frames will be choppy. // larger time frames will be smooth. // *Daytrading smaller timeframes is possible but not recommended.
BNC:BLXEducation
by UnknownUnicorn2319099
1
Market Cap: Controlled Supply vs. Gigasupply CoinsLeft chart shows market cap of top 10 coins calculated using data from coinmarketcap.com from 28 July 2018 Percentages are share of the top 10 rankings. Right chart is market cap of same coins calculated as if they all had the same circulating supply as Bitcoin (approx 17.1 million) This makes it clear why it is absolutely pointless to compare the market cap of gigasupply coins like XRP, EOS, XLM, ADA, IOT, TRX and ETH with controlled supply coins like BTC, BCH and LTC. In fact even Litecoin is a large supply coin with its 57 million coins, but ffs Cardano has 28 BILLION coins and Stellar has 19 BILLION !!!! It doesn't even make sense to talk about market capitalization for these coins. At the end of the day, if these large supply coins are really cryptocurrencies, we should question why such massive amounts have been produced and of course who really holds them! << mean 'much less than'
BITSTAMP:BTCUSDEducation
by RealMcafee
15
A Martingale Guide to not trade like a noob. How I trade.I am going to share with you all one of the primary trading strategies I use. As you read this keep in mind this is what I have found works best for ME in my situation with my busy life. I am not here to tell you martingale is the best strategy out there , it's just one that's out there that I have found to be very successful in my personal trading accounts. Its up to you to decide what strategy works best for you. This one I will be describing typically works best as a swing trading strategy. Before you implement a strategy. Make sure you have a hobby and it can't be trading. No, seriously. If you are going to trade you have to be able to step back from the charts to keep a clear picture and understanding of whats going on to make sure the plan you implemented is still viable and you don't panic or make a dumb decision. Even though I have over a decade of experience I still find myself needing to step away from the charts to get a clear understanding or needing to take a break. It's impossible to just stare at a screen all day without getting exhausted or not thinking clearly. It's vital you do this because you need to take the emotion out of trading. Where this strategy works the BEST VOLATILE markets. The more volatile the better. It lets you take advantage of quick dips and ride the waves back up. If you are in fast moving markets and have positions laddered down you can receive fills quickly and be able to scoop up lower prices and sell as it rebounds. The trick here is structuring your strategy accordingly and utilizing the appropriate time frames which I will get to later with examples. Emotions are controlled: There is nothing wrong with using a stop and at times it's very appropriate. However, sometimes I really don't want to think about what the market is doing every second of every day. I can structure a strategy and go about with my daily life. Let's say you are trading with a stop and the market starts taking a dip and blows through it. But you KNOW it's going to rebound but you don't know when? What do you do? Keep entering in your full trading balance and get stopped out a couple times? Step away from the keyboard and wait for a new trade? With a sound plan and structure, I don't have to worry about this "mini black swans" so to speak, I can take advantage of them. Example Exhibit 1: This was a fantastic trade. I was able to play this TWICE. The first was on this first long wick where I entered from 900 all the way down to 700 and was out in the 950 area. I was able to do this again with deeper martingales from 900 down to the 600 area. Notice that on the second time it spiked down it went as far as the 560 area, and I had been filled already at 600. Exhibit 2. A quick trade where I was filled above 700 and above 650 at these lows. Exit was on the rebound for a small profit. Exhibit 3. This trade was long time wise. My first entry points were at 600 down to 500. I was actually profitable when it went rebounded up to 580, but I did not get out for whatever reason at the time. I was then filled in my positions all the way down to 378 where my average buy became 460. This took time, but I knew it would rebound, which it did. My regret was getting out of this trade to soon. But, it's better to be wishing you were in the market, then be in the market wishing you were out. Continued in comments....
COINBASE:ETHUSDEducation
by Sherem
11
Blocknet (BLOCK) Short Term Retrace SignalsBlocknet (BLOCK), one of the coins that we started to trade back in early April, is gaining strength and moving up. But as we know, each time a top/peak is reached, there is a retrace in price, followed by consolidation before a coin continue its climb up. BLOCK has been doing good the past few days, but the time for the retrace has come. Here are a few signals that can tell you of a coming retrace: - TD Sequential indicator. - Large sticks on top of the candles. - Upper range of the bollinger bands. - Several resistance levels broken. - MACD starting to curve, already curving in shorter time frames, which can confirm these signals. These signals are "short" term, they will change in a few hours and new signals will develop. But these signals above can tell you of a coming retrace. I hope that this information was helpful. I wish to receive your likes, shares and follows. I appreciate your time, once more today. Thanks a lot for reading... You are SPECIAL! REMEMBER THAT ALWAYS YOU DESERVE THE BEST! Namaste.
Education
by AlanSantana
6
How I Identify A Good Project, tags: ADA BTC ETH LTC NEO XRP EOSMy method and key metrics I check before entering a trade or even getting too technical with the chart. You know: Why would we set ourselves up for failure? I thought I'd share this with my friends, and why not make it public too. General coin info. Does the project have a whitepaper and exposed team? Is the developer still involved? Is the team socially active? What is the general sentiment? Is it trading technically? General coin information: where is it trading , is it at an all time high, is the website quality, do they have twitter/facebook/reddit, what are similar projects it has to compete against. My preference for this is CoinCheckup and CoinGecko , they also tackle some of my other requirements listed above. Why should we do this? I think it is obvious but, can I get it on my exchange, does it look like work went into the project and the team cares, finally long term who could beat them out- would I pit Orlycoin against LTC- no. Does the project have a whitepaper and exposed team? similar to above but important enough to call it out. This can be found on each projects website. Check if it is there, read it if you want. In my opinion, if the team is there and a whitepaper exists, the price will reflect their strength. Is the developer still involved? Evaluating GitHUB code repository. Let's use two examples here, ETH to start . Developer tab CoinGecko , GitHUB Commits , GitHUB activity CoinCheckup . And on the opposite end of the spectrum, SALT lending platform. Gecko and Checkup . Now don't take I am knocking SALT, we would want to check their roadmap to see where they are in their plan, but eventually we want to see developer activity. And for those that have code, we would like to see maintenance and continual development. CryptoMiso is a cool tool to compare activity side by side. Is the team socially active? Communication is key! Find the twitter page using project site or an index like coinmarket cap. Maybe it's reddit, email or facebook. Are their communications valuable, or are they posting pumps and pictures of pizza parties... Study Gecko's community page, everything is here. Socialblade is a decent alternative, extra work though. Bonus tool, CoinMarketCal - a calendar of events peer reviewed for accuracy. What is the general sentiment? Sentiment gives a good idea of the market direction current and future. It is how people feel about a project, or per our tool, how computers think people feel. This isn't so much necessary. I guess - be prepared. Here's two. Socialmention and SnetimentVIZ for twitter and mentions. Google TalkWalker if you want a more advanced platform. Some say news drives price, others argue price brings news to the surface, I say both and corporate manipulation. Is it trading technically? Lastly, how are the charts holding up? When do I get in? I'll be brief here, algorithms. Let me expand a bit. Elliott wave, Fibonacci and probabilities. I want to know why the price stopped and pivoted there, and where will it go?..........
COINBASE:BTCUSDEducation
by rnm410
4
Determining Entry Points - Litecoin (LTC)Risk Management (RM) is a heavy part of trading any asset class. What amount of risk or loss are you willing to take? And how do you limit your losses? In my years of technical trading, risk can be limited by the entry point, buying close to support and selling upon the break of said support. This works both ways, up and down. Up and down you say? What does that mean? Let's use LTC - litecoin as an example. Litecoin formed a head and shoulders pattern. Visually you have three high points, with the middle point being prominently higher than the left and right point. Left peak was formed on June 19, middle peak formed on July 4 ( at a price of 55usd), while the right peak made its mark on July 31. The head and shoulders pattern is a reversal pattern of uptrends, meaning this may go down. For more on this pattern you can refer to: stockcharts.com Now many will contest that the coin has already moved out of said pattern as shown by that strong bounce on July 31. It bounced from 38 to 44! You might want to buy in but is this the right price? No one can really tell which way the coin will go but you can improve your odds. There is one more thing I would personally like to see before getting into LTC - and that's the break of that downward arrow. It's a clear resistance line that when broken, will determine my new support zone. Support zone! Aha - now we have our entry point. At this point in time LTCUSDT is trading at 42.7USD, just below the resistance arrow. Let's say you buy now, if the arrow breaks at 43USD then you aggressively ride this coin all the way to 55USD, making yourself a gain of around 12USD. Great! But what if it goes down? Your support is around 38.50USD, a loss of 4.20USD. Reward to risk is 12USD/4.20USD translating to 2.86 profit per risk. Can you picture a better ratio? Imagine that you set a buy at the break of the downward arrow. To be conservative you place your buying price at 44.5USD. This is significantly above current price and if things work out well you ride the coin to 55USD. Now you may be thinking that I just lost you 1.8USD of profit!! That's one way to think about it. The flipside is I just reduced your risk. The breakdown of the downward arrow resistance will turn this into support. That's how resistance and support work. When one breaks, it turns into the other. My new support would conservatively by 42.5USD. Thus, recomputing my reward to risk ratio, I stand to gain 10.5USD while I stand to lose 2USD. Reward to risk has now improved to 5.25 profit per risk. In summary, find those support zones, buy near them, and stick to the plan of when to cut your loss :)
Education
by jzulueta19
3