You are viewing a single comment's thread from:
RE: Why I recomend 1hour candle charts, if your a new trader..
This is a very insightful post, thanks for the awesome content! I have been around Steemit since May, 2016 and was looking for solid trade related content before I came across your account. I definitely think that looking at 1hr candles is a great strategy for beginner traders.
Thanks for the support.. Although I do trade the stockmarket, I am working hard to make plenty of video resources here for everyone to see how to trade coins safe and very profitably. Eventually Coinigy or some other platform will get a coin market scanner.. When that day comes, I may move right out of stocks for good. A scanner would increase my trades in crypto by a big factor. At that point I will likely do a daily video recap, explaining all my daily trades or figure out a way to alert them as they happen.
Sorry for the noob question but what's a scanner? And why is it such a game changer?
if you look at the top of Coinigy in Apps you will see that there is a market scanner in the works, they say coming soon. No human can keep an eye on every coin all at once, but a scanner can.. you can set up your scanner to watch for exactly what your looking for, across the whole market.. then when the conditions you inputed are met, it alerts you.. as an example, i would tell my scanner to watch for coins that trade a min of $5,000 a day, and that dipped below a 3 day low.. then everytime that happens on any coin I would get an alert and could see if its in a panic dive and if the chart is good.
Ah wow that sounds pretty damn cool and def sounds like a way to take your trading to a whole new level.
Yeah, if we get a scanner then I will start a chatroom, so that I can alert everyone as my trades are happening.. because with a scanner I would just move from the stockmarket to this market and trade here fulltime .. A scanner would give me trades all day long.. so everyone should request that scanner from Coinigy so they get working on it..