Post
Topic
Board Trading Discussion
Re: Which alerts are you using?
by
SirLancelot
on 19/02/2021, 08:56:46 UTC
I would like to find cases where there's higher uptrend probability.

Example: if a coin grows 5% in 10 minutes there's a very high probability that it will grow another 5% in the next 30 minutes. (just an example out of my head, nothing to do with reality)

Are you using any kind of logic like that for your trades?
No, not really, because I know for sure that the market can go any direction at any moment, even if it’s increased 5% by the ten minutes like you have said, having an increase has nothing to do with that. I don’t make use of any application, although I do have some exchanges apps that notifies me when a coin is increasing, but that is of no use because it doesn’t help, it’s just for fun lol or you can use it if you want to know a particular time to sell a coin when it reaches a certain amount.

Then there are some telegram groups that alerts people to trade, but all those things doesn’t work, even if they should give you the right alert, by the time you read the message open your exchange to make that trade it will be late, things can change at any moment. So it’s best to just be doing your analysis and trading by yourself when you think is right, based on the analysis you have made.