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RE: EOS trading, wow huge opportunity here

in #trading7 years ago (edited)

https://www.coinigy.com/s/i/597332559427d/

This is what I’ve got from his videos. On the left you can see the base we’re working with (June 11). That one cracked around June 26. Now if you bought around the highest blue circle it shot back up around the previous base level (the June 11 base) this is a quick 7-10% trade. You can now draw your next base (see yellow line in the highest blue circle). That one also got cracked and again if you bought around the blue circle and sold at the red arrow you again made a 7-10% quick trade.

Luc calls this participating in the market.

Now if you look at the chart you can see that if you bought more at the lower blue circle and sold when it had a major bull-run you would’ve made a lot of money. From my understanding this isn’t Luc’s method because the last base (yellow line in blue circle) didn’t got cracked so no buy opportunity.

But I’ve seen Luc still placing buy orders if he expects the price to go up. You can also sell 80% of your position if you think the price is going to be higher and sell the 20% later on.

@quickfingersluc correct me if I read it wrong.