Quote from: Jetheat on Today at 10:43:50 AM

^[1]Can you trade with just volume, ^[3]orderbook and ^[2]any indication of recent momentum (without any news) and ^[4]be consistently profitable using these three alone?

Yes, from my history trade, i have experimented using all of this without using any news.

One of the examples KNT Token, I already mention this on my local thread but will explain this too here.

Quote from: ryzaadit on March 10, 2020, 07:18:56 PM

^[1] Let's skip about due diligence this token and straight to the trading section, so basically before doing any trade i need to set up "how much money" i will used for trading that token. I have fund management to trade shitcoins/token and here the information :

Quote

Fund Management :
Low : 10-20$
Medium : 20-30$
High 30-50$ / 50-100$ (Depends on the situation, order book and volume)

In this token, I trade with medium fund around 30$ using ETH Pair around 0.15 ETH that the estimation of my fund using ETH pair. The reason i using "medium fund" because i see a lot bot transaction and the order book almost around 0.002 ETH - 0.05 ETH for each order book. To avoid my order becomes a wall and my order was pretty hard to be taken that's why the amount i used would be suitable for the situation.

^[2][3]
Now we need to know the momentum how much percentage the price change for each day/weeks, as you can see on the picture the volatility price change for the last 4 days is:
13 | Low 4900 Gwei - High 6400 Gwei = 30% Change.
14 | High 5900 Gwei - Low 4900 Gwei = 20% Change.
15 | High 6200 Gwei - Low 5200 Gwei = 15-17% Change.
16 | Low 6000 Gwei - High 7000 Gwei = 15% Change.
17 | High 6500 Gwei - 5600 Gwei = Around 15% change.

As you can see, the volatility of this token the price was changing around 15-30% percentage. This could be the data we are gonna used to determined "Buy/Selling" order for ur trade. I determined my order based on the highest price/low price of this token, let's say I'm gonna buy this token the calculation would be like this:
The Highest Price - Volatility of the Token (Around 15-30%) = My Buy Orderbook.
6900 Gwei - 30% = 4800+ Gwei (Estimation price i will buy the token).
After that i make assumptions will be buying the token from the calculation + my observation for the order book and estimate my price order book will be 4800-5500 Gwei. Of course, if we have some wall on the order book, i will set my order book above the wall to avoid my order not filled because of the price bounce on the wall price.

With this strategy, I change my balance from 0.15 ETH to 0.25 ETH my profit around 50% for the short trade.

[4]Nah, cause kinda hard to looking the coins/tokens.

Also, u need to change every coin/token do not fall in love trading with the same coins. From my example at the top, I only trade around 2-3 times after that exit