When the technicals of a coin are in perfect order that is where the volume is going to go, regardless of what the general sentiment of the market is. People tend to over complicate things, using overly excessive and, sadly, useless indicators and charts. Which only serve to the detriment of your overall performance. Thats not to say that Fundamentals such as news and updates arent relevant. I tend to pay some attention to fundamentals when trading, but not in the conventional way. I dont try to gauge whether the fundamentals are bullish or bearish. Rather, I focus on the markets response to fundamental news. For example, if a market is shrugging off a barrage of bearish news, I would view that as an impending bull move.
Case in point
Guys, If this is what your trade station looks like, then you'd want to reduce the clutter.
This may be attributing to maintaining the trend of you cancelling out your gains with exponential losses.
If you want to be consistently profitable, ditch the charts and re-align your attention to the order book.
I like the part most where RyanPumper deliberately ignores the evidence brought forth upon him. Completely ignores the question and replies with basically 'Ignore Chart. Reduce Clutter. Look @ Order Book'
Yea I get what you mean, but when there is evidence of you posting false profit %'s you need to address them and not ignore them. But then again, you can continue to choose to just ignore them. But those with the current claims of your members not making gains on your picks doesnt look good down the road.
