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RE: BTC almost $4,000!!! Will it hit $6,000 or more? Where do I take profits on my Free coins?

in #trading7 years ago

Thanks for answering for me.. Thats exactly right, blend into the normal action.. That's why all the big trades need to be in BTC and ETH and larger coins where you can execute large trades without effecting anything

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How do you calculate "normal action" for a coin? In other words how can I determine the maximum amount I can put into a trade without effecting anything?

Look at the lvl2 data, compare the bis and the asks. You can also look at the market dept for visual conformation, although I find it only helps to identify where walls exist.