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Lately, I am starting to find that trading is distracting me from my life. There is one crypto that I usually trade. There are opportunities (e.g. beginnings of new upswings) everyday. I tell myself that I don't have to trade everyday. The market will always been there. I can take care of...

I don't have a daily written trading plan. My trading plan, if it can be said to exist, is more or less the system that I described in the first post, granted that I have settled upon this system for at most a few weeks. (I first started trading around two months ago.) More particularly, (1)...

Thank you to all for your helpful tips on scaling in, and wide and tight stops. I will also consider watching premium live trading as suggested. Having considered this issue some more, in addition to these helpful tips, perhaps the ultimate solution is price action and volume analysis. In...

Are you similarly concerned that Tether may collapse one day in a bank run?

Like many people, I am concerned that Tether may collapse one day in a bank run. However, when trading on Binance, there aren't many good alternatives for holding my money when not trading (e.g. when I cash out for the day). The stable half of most available trading pairs is in Tether. Even if...

Do you mean we should use crypto bots or trade algorithmically?

Do you mean we should observe the moves made by institutional traders and run with them?

For a while, I have attempted to trade breakouts (unsuccessfully). For a certain crypto that is priced at around 0.10, and which has ranged from 0.08 to 0.20 in the past few months, my method is: (a) Let's say that the price is in consolidation, and let's say, based on volume analysis, I have...

Thank you for introducing me to Richard Arms. I will add him to my to-read list. Anna Coulling is, in my view, the popularizer of volume analysis. Her books are written in a simple way, so that even a beginner can understand. Her books were what got me into trading in the first place.

I suppose this is a ringing endorsement for Al Brooks's materials? I must say that Al Brooks's book has been a bit dense so far. At least for someone like me, who am slow to understand things, it takes at least four or five rereads plus searching the internet to get through a chapter, and even...

However, I remember reading in Anna Coulling's book that, even though exact volume is not available for FX, she felt that close enough (e.g. volume data as provided by whatever exchange she was using at the moment) was good enough. If Anna Coulling's theory is correct, then we would accept the...

Thank you, volpri, for your detailed response. I suppose then that, if I am looking for sizable gains (e.g. more than a scalp), I should look at volume à la Tom Williams, Richard Wyckoff, and Anna Coulling? My interest is in trading cryptos. Given commission and spread, it seems hard to...

Do you disagree with just Al Brooks's ideas, or do you disagree with both Al Brooks's ideas and volume analysis concepts?

Currently reading Al Brooks's first book. I am currently up to chapter three. However, one thing that I don't understand - Why doesn't Al Brooks use volume analysis concepts (e.g. Anna Coulling, Richard Wyckoff, Tom Williams, etc.)? Is there a reason?