Quote from: CrashOverride on June 17, 2014, 05:09:31 AM

I know that I am new on here but please do look past that. I am willing to teach/train anyone who is looking to learn how to trade. But first off here are somethings you should consider before wanting to learn.

1) The Market (Forex and other volatile markets) will do what IT wants to do when THE MARKET FEELS LIKE IT! Keep this in mind when dealing with BTC!
2) You cannot have any emotional attachment to money! If you are scared to loose what you invested or are trading BTC with scared money, meaning money needed to pay for rent, gas, food etc then DO NOT TRADE!
3) Trading is hard! It takes time, and more time.
4) DEMO trading is okay when learning technical indicators, testing strategies etc but when you trade real money its a whole different ball game. You will tend to over think a trade and hesitate on entering or exiting your position.
5) BTC is still consider NEW in terms of trading, hell even Forex is still consider new to some HF managers and traders. I know what moves the Forex market, what moves the EUR/USD, USD/JPY, AUD, CHF etc. How banks bait buyers into going long and how banks bait sellers into going short. But what moves BTC is still being defined in relations to technical indicators.
6) GET THE "BUY LOW, SELL HIGH" out of your mind...it is stock talk from the 80s and is complete GARBAGE way of thinking, people can troll me all they want but to trade with that mentality you might as well eat your BTC wallet. Example: You look at a 15M or 1H chart and you see price is a the lower part of the chart for that particular day, you think hummm price is low on the chart that is displayed on my computer screen, I will BUY LOW! When in reality you zoom out to the Daily Chart, which if you are scalping off the 1H chart you only trade in the direction of the Daily chart, only after you confirmed it with the Weekly and Monthly to see if you are sitting on any turning points. Behold you just BOUGHT BTC in a major downtrend on the daily, right when price was stuck on the 50 FIB level, as well as just testing a major trend line spanning back to the Weekly Chart, you now are counter trend trading and that is one of the "NO-NO's" of trading.

Still with me?

7) NO ONE CAN PREDICT THE MARKET, only thing we can do is identify when it *might be getting close to turning, i.e. breakouts, EW, Flags, etc.
8] Trading BOT's are a joke! A complete and epic way to FAIL your BTC wallet into 0.0000. They do not work! THEY DO NOT WORK, a bot cannot define when a market is trending, or moving sideways, it cannot see support and resistance, trend lines, etc
Example - BOTs work like this, ]EMA (Exponential Moving Average) is > than +1 Dumb Bot will place a buy order if ]EMA (Exponential Moving Average) is < than -0 Dumb Bot will place a Sell order............regardless that price is sitting on a major support/resistance line, major fib area, on top of a major moving average, while MACD has crossed and turned up or down, as well as RSI being oversold/overbought! You get the point! BOTS can't see things we as humans see! Unless you want to hire a team of quants and pay half a million to develop your own black box, then bots are useless! Plus BOTs cannot manage trades properly, which is the most important aspect of trading!
9) Speaking of the most important aspect. Entering a trade is easy, managing the trade and exiting is the most difficult! That is where most traders get into trouble!
10) THERE IS NO SILVER BULLET, meaning there is no holy grail trading strategies out there, you have to use process of elimination when trading and take the best trade possible, if it is a loosing trade, close it and move on. Do not harp on the fact you lost some money because the market sure as hell won't! Not one system will work all the time, that is why I apply multiple technical analysis to my trading. Remember YOU WILL LOOSE MONEY! But the goal is to keep the losing trades small (Drawdown) and the winning trades high!

I am willing to teach anyone how to at least take "smart trades" on what ever exchange you might use. This will be learning technical indicators, how to read a chart etc! The basics! I WILL NOT BE CALLING ANY TRADES! I AM NOT PROMISING YOU WILL MAKE MILLIONS TRADING BTC, AS TRADING IS NOT FOR EVERYONE! Some people literally cannot mentally handle trading!

Who am I?

I have been a currency trader since the market crashed in 08 and my family lost most of their retirement to a so called "Family Friend" who supposedly maintained their retirement account....they lost 75K......my goal was to earn their money back via trading currency since it was cheaper to start that stock trading, i.e. data fees, trading platform, day trading account min etc.

I use technical analysis as my main tool of trading. I incorporate a little fundamentally as well as statically probability. I am well versed in Elliot Wave, Harmonics, Murray Math, Fibonacci, S/R, Trend lines and just about every other indicator that is available. I am a prior chief trader for two private trading software developers, as well as wrote one of their main .Lua trading algorithms. I have traded privately for select individuals and have since retired from doing that. I have developed multiple online trading rooms, and taught people via trading bootcamps, and through email, which is what I intend to use here.

FOR ALL THE TROLLS on here who have a opinion of trading I am not here to flex nuts with you and could care less about your trading opinion, as I said there is no correct way to trade the markets. If I want to use the left molar of pterodactyl tooth while singing baby hit me one more time, and you feel the need to drink 2 quarts of unicorn blood while you trade and both trades come out in the positive then who cares! I also am not here to prove any past performance with P/L sheets, companies and individuals traded for or trading software developed as I am not charging for any of this! I am just simply willing to teach anyone via email how to at least get a heads up when looking at a BTC Chart.

One more thing, if you are not willing to read a freaking book, and I mean more then 50 pages + then please do not waste my time! No I am not mean, or a smart ass, the markets are mean, brokers are smart asses, you cannot be an emotional trader, leave luck for the casinos, and that as real as I can be.

What a great way to start my day. Thanks for that post, it really is something.