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  1. HolyGrailSeeker

    Bitcoin Price Thread

    If you store your bitcoin in a cold wallet and dont reveal your private keys. Theres no way it will be stolen. Also, bitcoins cannot be created. Maximum is 21 million, but many has been lost since the early days. Possibly a few million lost. Yes, people can create other coins but it isn't...
  2. HolyGrailSeeker

    Bitcoin is dead...

    Instead of focusing highs to lows. 20k in dec 2017 to 3.6k now. Focus on the low to low. 200 in 2015 to 3.6k now. Thats 1800% your money in 3 years plus. So you are saying that is a bad investment? Now is the time to buy for those blinded by the short term bear trend.
  3. HolyGrailSeeker

    Trading Crypto

    It is a bumpy ride for you because you traded long in 2018 when the trend is a severe downwards spiral with most altcoins losing more than 90%.
  4. HolyGrailSeeker

    Bitcoin Price Thread

    While I think it will probably be lacklustre for most of 2019. I don't think it will take years for a bull run. For bottom of bitcoin, we probably have already hit it at 3k. Possibly could head lower to 2kish but I really dont see any lower than that. 2nd half of 2019 should see most coins...
  5. HolyGrailSeeker

    What generates your trading signals?

    A signal doesn't have to be right 100% of the time. Casinos make millions from blackjack which has less than 1% house edge. A six sided die doesn't have to throw 1 2 3 4 5 6. A signal which is right more than half the time is a good signal. The point is to limit your risk when the signal is...
  6. HolyGrailSeeker

    For profitable traders only...how much is your strategy worth?

    It really depends on how much I have now. If im worth 10 million I won't ever sell my strat. If im worth 10k. Then yeah, selling my strat will quickly boost my net worth rather quickly.
  7. HolyGrailSeeker

    Could this simple formula be profitable?

    Not all markets have upwards bias. Nikkei has not reached its alltime highs in decades. Also, lots of companies go bust and new companies come in. Even if market cap of the index stays the same you can still lose if this the case. But all things aside, if you pick a stock that has a upside...
  8. HolyGrailSeeker

    What Are Your Golden Rules?

    It really depends on personality of the trader and trading fees. Personally, I keep my stops very small and its working.
  9. HolyGrailSeeker

    What Are Your Golden Rules?

    Always have a stop loss 100% of the time
  10. HolyGrailSeeker

    Could this simple formula be profitable?

    The point is that he said randomly. If the stock has an upwards bias then any kind of wi n/loss ratio theoratically should be profitable. Of course most traders use 2:1 or 3:1 as that is usually the most probable scenario. 100:1 by theory will also work, its just that you will have 99 losses...
  11. HolyGrailSeeker

    Could this simple formula be profitable?

    It wont be profitable. If its a losing stock, its a losing stock. An analogy would be playing roulette red/black and exiting with 3 wins in a row and cutting your losses after every 1 loss. Do you think such a plan will make roulette profitable? Also how do you even define your enter...
  12. HolyGrailSeeker

    Pretty new and seeking advice

    How much time do you have to monitor the stocks? If you have whole day then day trade. I say what you are doing is good. But it will be better if you put in sligthly more. Maybe 500-1k. When starting out trade with an amount that it is not your life savings, but an amount that means something...
  13. HolyGrailSeeker

    What generates your trading signals?

    If you're day trading is easier to generate a buy signal since its a shorter timeframe. But if you're waiting for the indicator to be oversold on all timeframes (short/medium/long), ideally that's the best but its a rare occurence and you will be leaving profits on the table. Same goes as using...
  14. HolyGrailSeeker

    Where/how can I master price action to trade it profitably?

    Pm me. I can teach you.
  15. HolyGrailSeeker

    What generates your trading signals?

    Trendlines work very well imo. You can't wait for a perfect buying signal because it almost never happens. If the stock market is all bullish and your approach is a contrarian one then you will be waiting and waiting and leaving profits at a table.
  16. HolyGrailSeeker

    Part Time To Professional - What's the secret?

    It depends on your preseverance and discipline. If you start with a capital of say 200k then its not that difficult. If 20k its more challenging. If 2k, probably will take mad skills and a long long time. Lesser your capital the more you should have a full time job to invest every month to grow...
  17. HolyGrailSeeker

    Clarification regarding Depth Of Market trading.

    Previously reading one of the hall of fame threads about DOM method for trading. The poster claim that if for e.g there are more ask than bids in the ratio of say 2:1, it is more likely for the price to go up in the short term. From my little experience, this is not the case? Reason being that...
  18. HolyGrailSeeker

    Bitcoin Price Thread

    Where do you guys see bitcoin price in 2019?
  19. HolyGrailSeeker

    Bitcoin price

    I forsee bitcoin price to be in the range for most of the 1st half of 2019 before breaking up to a slow bull run.
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