Thanks for valuable answers. Nice insights...

Quote from: butka on December 22, 2018, 07:35:25 AM

Quote from: xcajun21 on December 22, 2018, 04:16:42 AM

This was achievable back in the bull run (buy low, sell high)

It doesn't matter whether it is a bull run or a bear run. There are platforms where you can short during bear runs. You can make money in any market. The hard part is to know what you are doing. 99 percent of traders don't know and end up being ripped off.

Quote from: xcajun21 on December 22, 2018, 04:16:42 AM

Right now, with either shorting or going long, it is kind of a gamble (either goes up, or goes down), so choose one direction and place your bet.

It is always a kind of a gamble. The trick is to improve the odds in your favor by using some kind of system (based on technical analysis).

Quote from: xcajun21 on December 22, 2018, 04:16:42 AM

...without big capital in order not to care about attachments...
...
How to do it consistently...

That kind of return is impossible without big capital. Why? So that you can risk 1 to 2 percent of your account with each trade, not more than that. If you risk more than that, you will quickly ruin your account.
Moreover, you shouldn't measure your gains on a daily basis. That kind of consistent return is impossible on a daily basis.
Recalculate that on a yearly basis.

For some reason, it was clear to me that is a sort of gamble, but i thought some people got 100% of the hits (somehow), but this was only seeing their confidence, or management style. Yeah, 1 or 2 percent would be good because those who can afford to "bet" those percentages, already know (first of) this strategy, thus they are more vigilant, meaning they have some knowledge already, someone else would not have until hitting the bottom, or was lucky enough to listen to the right signals, and have less distractions. Also, some sort of cash flow is needed i think, in order to have spare capitol for balancing losses a bit, while also adding to the gains.
Personally i followed a bit of the chartguys, real crypto, krown, and some tone vays. Brandt is also big on crypto. Had lots of revenge trading, and lots of confusion of what the heck is going on (crypto).

xcajun21

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