Post
Topic
Board Altcoin Discussion
Re: Ryan Pumper: Pumpers Picks (Updated Daily)
by
RyanPumper
on 07/09/2014, 23:12:58 UTC

if you can teach me how to do this i'll pay you 10K right now.

i have been following how you play the dips etc but you need some fucking balls to dive in and not bitch up and that part is where I fuck up. what is your main strategy??? as in what exactly makes you decide on a coin??

Keep your money bro. Just read this entire thread - there's enough info here for you to pull 100% per day from the market without a problem.

I mean, the Crypto market is very small. There's been days where I've been trading some small cap coin and bought through some sell walls causing huge upswings.. People literally refuse to buy 1btc + sell walls (but will buy the same amount when it's broken down into small orders) - that's my edge.

I think your issue is due to the fact that your trades are based too much on tips and what everyone else is doing, rather than having an actual strategy or narrative behind each one of your trades... so you aren't authentically invested in the idea that, that particular trade will be profitable.

I've said it before, if your putting on a trade that isn't grounded in reason - and if there is no strategy involved whatsoever, then you had no business taking that trade in the first place. Your reason for getting in a trade can't be "because the market is rallying" or "because XXXXtrader told me to".

Personally, I trust my strategy to the point where i will put on a trade and feel no fear whatsoever. Worst case I lose 2%, if everything goes to plan I make 50 - 100%+... I restrict my ability to lose (by using tight stop orders), therefore my potential to win is limitless.

So I would advise you not to focus too much on gains, but to focus on protecting yourself on each and every trade. Once you've done that, you wont have any fear when trading - which will allow you to be far more aggressive than the average trader.

Also, you want to only trade markets that have momentum. Markets that are actively moving upwards - that way, there will always be enough liquidity for you to leave the market whenever you please.