SEE LINKS in the description below
Today we will review the charts for Bitcoin and for the top volume traded coins on Poloniex. Questions on any aspect of trading are welcome and encouraged! See you there!
Your questions are always more important than my lecture. These are small, personal hangouts. Interrupt me anytime with any question about any aspect of trading.
At the same time, I'll provide an outline of the markets and studies I'm engaged in right now. This lets you look over my shoulder in real-time and take anything that is helpful and ignore the rest. ;-) Second, it also permits me to review my trading thoughts at regular intervals, then, in the future, I can look back to important turning points in the market, learn from my trading ideas and thoughts so I can become a better trader in the future. And third, these videos remain as case studies and examples that can be formatted into lessons for future members to benefit from our research.
Today I'll start off reviewing the 'Bitcoin Income Investing' Study that I'm doing, and show you where you can follow along daily. Then I have 1Broker lined up and I'll quickly review my 0.01 btc trades in Silver, Oil, Gold and S&P 500 - four open positions with an average unrealized profit of 17% Following that we'll review Bitcoin Price charts and then finally get into the top volume Altcoin markets. Next Saturday, we will review each market and see how will the commentary today matched up.
6:20 1Broker - reviewing four trades. Long Oil, Silver, Gold and short S&P 500
7:30 referral earnings invested. Trading 0.01 btc per position with zero leverage
8:50 long term view of silver
This is a great game to play on a daily basis even if not much money - my mission to do this strategy in all places possible
10:13 oil chart - consolitation pattern. Oil positions expire monthly. I am about to learn how that works.
11:08 short the S&P
12:25 long gold - looking at long term chart, possibility for a bottom formation, that is why I am long in gold.
13:40 the difference between trading swing trade and the trend trade. The trade - see the decending trendline.
16:30 checked my loans and started talking about strategies for getting the best returns and getting the earned interest to be out there earning more interest.
17:30 reviewing the plan for the outline
18:00 is everything working in the site? let me know so I can fix it!
19:00 bitcoin chart - long term view, 1 day bars.
22:00 my perspective on leveraged trading - I do better as a long term trend trader than as a day trader. The cost of a small losing trade quickly eats up the profits from a profitable trade.
24:20 ordering 2 pizza for 10k bitcoin - I think many cryptos will do the same over the next 3 to 5 year.
25:13 there are moves of 20% regularly in altcoins, there is lots of opportunity to make big profits by leveraged trading.
34:40 more bts
38:48 ethereum and a review of trend trading vs swing trading, and integrating Rule 1 and Rule 2
44:34 MAID - think long-term investing here.
45:50 RIPPLE - there may be a time soon to buy, could be bottoming.
47:10 MONERO - feeling it's got some more down to go - also forming a potential bottom formation... watch for breaks either way...
48:14 Neubits - not a chart pattern for me at this time
Three to five year investing trading in another account and this account will be for shorter term plays.
49:40 NXT - sold out of recent buy, still have 2000 of them, not looking like a buy signal here...
50:20 DASH - made a bit of profit, but was expecting a further drop, not the spike, so I got out of my short. now watching
52:10 CLAM - potential bottom formation right now. could be a buy signal shaping up. really does have a use, gambling, so the demand will be there - it is showing strength off important support and resistance.
53:47 DIGIBYTE - exciting looking chart - tried to buy some, but had all my BTC tied up in loans.
56:35 VANILLA - nice pattern in the charts - the downtrend is losing momentum, and I like the coin.
57:25 SIACOIN - I like it. holding
57:45 STELLAR - potiential for a bottom formation right now. watch - has not broken the down-trend yet
58:40 GRIDCOIN research - beautiful building in this chart - really like it and
59:20 DNOTES - not a good chart for me to trade
59:40 DOGE - I don't like the chart too much and the coin is not groundbreaking
1:00:00 RUBYCOIN - wow, what a pump! I don't know anything about this coin and why it has risen like this. but certainly would not buy now.
1:01:02 CRYPTI - have some, keeping them - like the chart, dapp platform
1:01:38 GMC - like that change of momentum in the charts - like the platform for gamecredits. more games will get a currency, if gamecredits can be the main currency in games, that would be amazing
1:03:00 plans for more hangouts so I can practice more - wrap up and future planning for more online live trading.