I want to know how he does this week in and week out
Well if you were to read that advice that you quoted, you would know.
At the end of the day, the market is full of traders, devs, promoters, pumpers and manipulators.
If you were smart, you would know that these people work non stop.
They push prices up and push prices down.
If you want to be consistent, then you have to know how to sit back and let the market work for you
instead of always trying to "work" the market
Bots are being used, but not for what YOU think they're being used for
for example here are quotes from ryan that he puts into his posts to hint on how to make BIG money, it applies to the above picks and profits aswell
Tip:
Novices are so out of sync with the market, that their every move serves only to fatten the pockets of skilled players. From timing, to pattern exploitation novices are so out of touch with the driving forces behind price movement. So they consistently fail. In order to achieve exponential success in this market, you have to realise that short-term thinking is a mind frame that was custom designed for losers. Expand your time horizons and begin to explore the long term rewards that this market has to offer. Once you come into alignment with the prevailing patterns found in every single altcoin on the market profit will consistently flow into your hands, with very little effort. Call it manipulation, or whatever you will but, whilst you are trading this market, you are wither trading with the prevailing pattern, or against it. Make your choice.
Short term trading is a fools sport, and Ill tell you why.
Taking a short term view on price movement is nothing other than a futile attempt to force an opinion on the market which will always be a losing proposition.
You see, in order for the flood gates to be forced open, allowing an endless stream of BTC to flow into your hands, it is necessary for you to understand that it is impossible to win when approaching the market with a short-term mindset.
If you were to spend just one hour analysing the charts, you will quickly realise that It is virtually impossible for a short-term trader to pull big money from the market on a consistent basis.
In a previous post, I demonstrated the differences between trading and gambling, pointing out that trading is a venture that requires calculation whilst gambling is a venture requiring nothing other than misguided hope. The rationalization was that altcoin gamblers, actually believe that trading is gambling, and so they act as if this is a fact.
Short-term trading is the gamblers thought process manifested into tangible action.
You see, a short-term trader is basically someone who spends the majority of their time betting on the continuation of price moves that have already occurred.
Guys, Short-term trading is a fools sport.
Just by looking at the charts, you will very quickly realise that most rallies erupt over the space of several days at a time. Some moves take several weeks or even months before the market turns around.
The big money is being made by those who understand market psychology. By those who understand that price patterns and market cycles are the keys that unlock the floodgates to profit.
If you have been taking these non-advantageous short-term trades, I hope now you are aware why you have been accumulating loss after loss. It may be time to rethink your approach.
If you are lucky enough to trade with the group
READ EVERY POST that ryan makes because he TELLS YOU how to profit
LONG TERM trades is how we win and win all the time