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Showing 6 of 6 results by Katerinche
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Board Trading Discussion
Re: My Trading/Gambling Journal
by
Katerinche
on 19/05/2020, 09:55:40 UTC
Interesting and sobering thread. May I ask how do you make your predictions? Is it pure price action?
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Board Trading Discussion
Re: Alternative to TabTrader for IOS?
by
Katerinche
on 14/05/2020, 13:57:41 UTC
There are plenty of cloud based options.
If you are looking to develop and test your own strategies: Kryll.io, CLEO.one
If you just want to buy strategies or signals: 3commas, Gunbot (not cloud based)
Portfolio management: Shrimpy
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Topic
Board Trading Discussion
Re: Are you using a trading bot?
by
Katerinche
on 13/05/2020, 15:28:49 UTC
I don't fully understand the use of bots where you do not know what strategy it's running. You never learn anything and have no idea how to adjust. Of course if you really don't care about learning trading it's fine.
I run bots, but do check in on the performance and optimise. Not a programmer and really did not want to run something that is not backtested so in the end used Cleo.one. Usually I pilot strategies on paper trading first. 
The only used of trading bots or automated trading is to help a trader to manage his portfolios while he is busy on other things, but automated trading do not guarantee 100% profit. So working on our trades or doing manual trading is still the best because even we may experience losses, there is still a huge chance for us to gain back all of those losses by doing it on our own.

Most people that trade are not full time traders.
Crypto runs 24/7 there is no way to catch everything you need to, unless you trade high time frames. High timeframes are great and undervalued by a lot of traders, but bots for me have been excellent in aiding my trading psychology.

It's hard to execute your strategy after 3 losses in a row, even though you should.
It's hard to take profit according to your plan when half of Twitter is screaming "we're going to the moon!!!"
It can be very hard to be dedicated to your position amount (2% for me from my funds) when you know that massive green candle is coming or you wanna jump into a promising short.
It's hard to work on your strategy when you have the "eh, I'll see how I feel" mentality which can derail your trading plan.
It's hard not to FOMO into a random trade when things are moving.

Bots force you to make the best plan possible and stick with it. This is why there is still less professional competition in crypto trading - only a fraction of traders actually make a plan. Without a plan there is nothing to optimise. Without anything to optimise you will not improve and achieve long term profitability.   
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Board Trading Discussion
Re: Why You choose Crypto Trading instead of Forex Trading.
by
Katerinche
on 13/05/2020, 11:18:07 UTC
Things that used to work in forex still work in crypto. The lower barrier to entry fosters less professional competition. Still, I do like fundamental analysis of forex more than crypto. You learn so much more about financial systems and how the world works. I would recommend to anyone trading crypto exclusively to learn a bit about forex fundamental analysis. Babypips is a good resource. 
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Topic
Board Trading Discussion
Re: Are you using a trading bot?
by
Katerinche
on 13/05/2020, 11:07:32 UTC
I don't fully understand the use of bots where you do not know what strategy it's running. You never learn anything and have no idea how to adjust. Of course if you really don't care about learning trading it's fine.
I run bots, but do check in on the performance and optimise. Not a programmer and really did not want to run something that is not backtested so in the end used Cleo.one. Usually I pilot strategies on paper trading first. 
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Re: 🔴⠀HADRON🔴⠀Web⠀Browser⠀AI⠀Mining🔴 Earn⠀on⠀your⠀phone⠀and⠀PC,⠀make⠀a⠀diff🔴
by
Katerinche
on 19/02/2018, 14:59:26 UTC
Hi, this could be very interesting. Hope to cue in for the alpha:

Device 1 - Laptop:
Processor: Intel(R) Core i7-6600U CPU @ 2.8GHz
RAM: 8 GB
OS: Windows 7 Professional
Browser: Chrome

Device 2 - Laptop
Processor: Dual-core Intel Core i5, HD Graphics 6000
RAM: 8GB
OS: High Sierra
Browser: Chrome

Device 3 - Mobile Phone:
Processor:Snapdragon 430
RAM: 2 GB
OS: Android
Browser: Chrome

Cheers!