Post
Topic
Board Trading Discussion
Re: Can I gain an edge in crypto trading?
by
figmentofmyass
on 20/08/2017, 06:46:22 UTC
it sounds like your background is live poker?

Actually 99% of my poker career was online Wink. 6-10 max cash, then HU cash and lastly a short period of playing Spin’n’Gos.

if you were beating those games, then you can beat this market. i'd get in now before it gets overtaken by high frequency algo trading. there is still so much money waiting to enter this market, too; i prefer to keep most of my trading funds in BTC, and use that as collateral to 1x-10x long/short BTC, or to trade altcoins (no margin).

i would focus first and foremost on learning classical charting techniques and range expansion. i highly recommend looking into bollinger bands. good luck.

Nice. Do you have any recommendations for a good book/resource for learning about this?
I have had the titles below recommended already:
“Top 10 Trading Setups: How to Find them, When to Trade them, How to Make Money with them” - by Ivaylo Ivanov
“Encyclopedia of Chart Patterns”- Thomas Bulkowski

Does anyone know these books?

Thanks all for the inputs. Much appreciated.

honestly, i'm mostly self-taught. i did extremely well partly by being in the right place at the right time in this market, and by having good teachers (starting with lucif/masterluc here on bitcointalk). i picked up a lot of pointers in the tradingview.com crypto chat (but now it's pretty much overrun with poloniex trollbox refugees, so the quality has gone down a lot). as far as book recommendations, i can only offer "Bollinger on Bollinger Bands."

this gives a good taste of what i mean by classical charting techniques though:
https://twitter.com/bbands/status/888432347736965120