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RE: Awesome PAY trade yesterday, and how to use Volume on a chart

in #trading7 years ago (edited)

Great video. Since I only got a couple hundred dollars I'm trying to play around with low volume coins. It's hard to find low volume, high volatility coins that aren't pump and dumps. Maybe you could touch upon trading these in your videos? It seems that these coins like to move in channels, should we simply buy in the low range and sell near the top? Or is there another strategy?

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If your working with low volume coins, then yes, I buy in a range, and it workd just fine... but i cannot stress enough, that you have to take into consideration a month of chart data.. you need to trade in the context of what happened all month.. otherwise you cannot know your odds.. so if its been ranging really nice for a month, and you can get good percentages within the current range, then I would use that ti build your small account to a few thousand bucks.,. then you can join me and catch those panic drops and really build a small fortune.

Hi. I have a question. What is the priority, the trick or what should I look for to choose this kind of low volume coins? Thanks.

You need to look at one month of chart data to see how it reacts to cracks of support, or is it ranging with good percentages