I don't even remember the most coins that made me money .. I've traded scamcoins, pump and dump coins, falling-knives and legit coins. The common theme in all these is one thing: chart.
because i trade what i see in the charts, not the name of the instrument. Some charts are worth it, some not. Some charts move today and they're a gem for trading, some are better traded tomorrow and some are never to ve touched. All can be judged by a decent look at the chart.
i say this because i see alot of newbies asking: "should i buy this or that"
You don't even have to buy, you can sell as well.. have you thought of that?
After a single winning trade: come follow my signals I'm a pro trader!
After losing entire balance a few days later: tHiS wHoLe cRyPtO MaRkeT is SCAaAaM š¤”
and they go away eventually leaving the room for more of them to come and get rekt. it's like a cycle of hopeful lazy people coming with much and leaving with nothing.
i keep sharing my best trading system every now and then for free and you know what i see?
zero engagement zero questions zero interest zero views
and when i talk about a coin that raised controversy lately, you know what i see?
more than 120,000 views so many comments so many likes so many questions even getting the post copied and plagiarized.
I'm not really complaining, i just wanted to show you how we humans are insanely lazy and have a lack of prioritization problem.
People want easy brainless money-making methods. and even when i got them a very easy very profitable step by tep way, they still don't read. No wonder why they're still walking with empty pockets.
i will not talk about the JOE CLUSTERS trading method anymore. you can now enjoy losing more until you quit.
if you want the full method, you're going to have to buy it .. expensive too!
Although trading is not easy .. but it's not rocket science either .. you can make it simple for yourself, or you can complicate things.
i like it simple:
- trade breakouts after consolidation (good volume coins only)
- direction? wait for it..... wait for it..
BOTH!
That's right .. when price is consolidating within a price range, why try to predict the impossible while you can let price take you with it wherever it's going?
- buy stop order above the range resistance .. - sell stop order below range support ..
and let price decide which order to trigger ..
-Stop Loss: under/above support/resistance - Take profit: No, all about trailing stops baby!
"but .. but .. but what if i lose on both buy and sell orders??"
Good question..
The answer is easier than you think:
with Maths!
Although the price can fake a breakout through both support and resistance in choppy markets before going back into consolidation zone, you can still mitigate the loss resulting from it by entering the next position with a slightly higher risk + Always aiming for more than 1.5x of your risk.
this way you can get a rewarding position that compensates for the last two losing trades and come out in the plus eventually ..
Remember, for this to happen, you have to always have a R:R (reward to risk ratio) of more than 1.5:1 .. Remember why i chose trailing stops over a simple take profit set target? that's why! Running profits can get you 3x or more your risk if you ride a good trend after breakout. This number doubles and triples in "Futures". but let's keep it simple for now.
i use this since the days of FOREX trading and it works everywhere. Never failed me.
Back testing? worked for 7 years straight.
Live? see for yourself.. it's all over the charts .. all timeframes!! and it's lucrative
i call it the "Joe Clusters"
you'll find me talking about it every now and then here on my profile.
soon I'll explain it all in detail for all of you .. and No i don't want your money .. might just need you to focus. Focus is free ya know š¤
The case of $AUCTION is very interesting .. watch the screenshot i took down there š .. it's like a typical scenario of pump and dump but with a slight yet important difference ..
The chart here is a daily chart .. it's like they were acting real slow to milk YOU, the retail trader .. my opinion is This was one of the biggest robberies in crypto trading history ..
To be able to pump the price and dump it back down in a matter of hours is normal and happens all the time .. maybe happening as we speak on web3 coins already .. but to construct a real slow pump and dump like that to the degree almost nobody anticipated it, is a genius level of Evil.
Even those who coincidentally were on the right side of the play made a fortune, imagine those who caused it!
All in all, these are the times when you know a stop loss is a life saver.
Ok time for another hoooooly shhhhit $AUCTION .. that's even more insane than the last screenshot .. i wonder how many whales milked that biatch off of tourist traders.
When i see all these people crying out loud on Sqaure about their so-called "huge" losses, and seeing the despair in their words .. i feel like a Superman .. i lost more than 80% of those weak aS$ people in 2019 and yet i still managed to get through it and re-assess my strategies .. i can confirm that becoming real trader must include strong personality .. this is because the market is unforgiving and merciless .. it can eat you alive in a split second if you don't know what you're doing. This field is not for everyone. only 5% of all those investors will come out profitable .. and only 1% of Futures traders will come out in the positive. That's how hard this business is. $SOL
Hoooly Shhhhhit .. this $AUCTION coin is insanely lucrative!! š imagine taking a "Futures" Long position at 44 then exiting at 60+ then immediately opening a short position back down .. double-massive win!!
Based on pi amount distribution on wallets. I'm proudly top 1.2% holder .. i can cashout half a million usd this June if i want to .. but I'm too smart to run and sell everything .. #pi is a revolution .. not your typical coin šŖ
The problem that faces new comers to the crypto world is that they do not realize how unfair, illogical and unpredictable the crypto market is .. a coin like $CAKE , Fantom and many others are examples of this. these are coins with immense benefit to users with solid roadmaps but get less than expected holder count and a price not so fair. while you see meme coins get the entire attention of the crypto community. what a crazy world.
I remember when pancakeswap was hot and everyone thought "cake" would reach over 200 USD. That aged too badly. You can never predict what's Hot for the this week let alone this year.
And i thought trading Forex was hard. Turns out no trading instrument is s unpredictable as crypto.
The best hing to do in order to protect yourself from bad choices is stick to the projects that you spent a good while on as a holder, while at the same time diversify your trading instruments. Do not marry the trade and never stick to a losing trade just coz you "think" the coin is going up eventually. Most of the time, it won't.
Crazy fact: If the price of #pi reaches $35 it would beat the entire market cap of $ETH and jump up to second place - right after Bitcoin !
But here is even a crazier fact: if its price reaches $240 it would beat $BTC and snatch the number one spot. In such unlikely incident, the entire market would face a shockwave of confusion and panic among traders. in short, it would become a circus šŖ
So let me get his straight, you kept crying out loud about #pi for weeks now because you don't like the idea of mobile mining with one tap every day and a token that is currently being used for purchases all around Asia ..
but listing a coin named $MUBARAK with no utility whatsoever is okay and makes sense completely to you?
Someone just spent a mind blowing 60k #pi on big brands - .pi domain names
Iris_Reed
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šØ Pi Domains Mystery: Who Just Spent 60,000 $Pi on Tesla, Samsung & Amazon?! š¤Æš„
Something HUGE is happening in the Pi Network community! š„ A mysterious wallet just dropped 60,000 Pi on premium domain names like Tesla.pi, Samsung.pi, and Amazon.pi! š¤Æ
But hereās the BIG question⦠Who is behind this? š¤ And why are they spending so much on these domains?! Letās break it down š
š The Mysterious Bidder ā Insider Move or Just a Smart Investor?
At first glance, this could be a high-roller Pi investor making a power move. š¤ But letās look deeper:
š Tesla, Samsung, Amazon ā These are not random names. These are tech giants leading the digital revolution. šµļøāāļø A single wallet address made all three major bids. Someone clearly has a strategic plan. 𤫠Could this be the Pi Core Team securing valuable assets? Some speculate it might be an insider move to safeguard top-tier domains for future partnerships!
š„ What Does This Mean for Piās Future?
This is NOT just a random auction. Hereās why it matters:
ā Potential Big-Brand Integrations ā If these domains are secured for real business use, it could mean major partnerships ahead. ā Pi Networkās Growing Influence ā The fact that people are willing to spend tens of thousands of Pi on domains shows real belief in its future. ā Higher Demand = Higher Value ā If Pi domains become scarce digital real estate, their value (and Piās value) could skyrocket! šš
š Who Do YOU Think is Behind This?
šø A wealthy early Pi miner? šø A crypto whale betting big on Pi? šø The Pi Core Team secretly securing major assets?
This is a game-changing moment for the Pi Network! Drop your thoughts below š ā Who do YOU think is making these moves?! š¤Æš„
The word is spreading - not confirming if it's true or not - that pi will be pegged to a stable value .. they say that it is programmed to stay at $314,159 but i wrote an article lately showing why this is practically impossible and outlined several techniques to reach high but reasonable value for the coin.
if pi is to be pegged to a certain value, its max should be at $100 .. if you want more, burning a significant portion of total supply (80% - 90%+) will be inevitable!
Pioneers share your migration screenshots while you can .. let's kill all the fake negative propaganda that went against #pi in last few days.. Our time has come!! š