So does any1 here actually try and read charts or just go off hype?

would be down to get into a guild or just have chats with people on predictions and charts

It's really simple. I buy when the stock is going up and sell when it goes down.

Lol what?

Never sell at a loss unless it’s just dying

I sell when it’s going up and buy when it’s going down to get the best results but it’s gambling either way

My boss got an alert from his group buy SB at 3.50ish and hold thru may 13th sell at mid 5s

This post was edited by Jetfire91 on Apr 30 2021 04:34pm

You can do beautiful things with simple RSI, MACD, BBANDS, and order book data.

taking notes...



yes of course, but if u add elliot waves, support/resistances, and many other things u will maximize your positions.



yea buy low, sell high is ideal. cant just blindly pick what those are tho. thats where TA comes into play.

Technical analysis is great, very easy to get lost because what work for you might not work for someone else. Most of indicators have been created by banks in the 90's. I am a big macro/ geo politic/fundamental guy but every trade I commit is related to what I consider as a good entry point on a chart. It is a very powerful tool to put a good timing on a chart

I have hundreds if not thousands of hours of charting and testing multiple indicators, spent several thousand dollars for fancy indicators when I was beginning my trading journey. At the end I would say that confused me more than anything, most of these tools are lagging. In my opinion what matter the most and what is usually not done by most is simply lay down a plan.

In trading I believe it always have to be the same over and over, if you developed a strategy that is trading the bounce off a 200day moving average then you stick to it, much easier to know before clicking when and where you are exiting and be prepared for the worst. Trading should be boring, you should be bored out of your skull but should always respect your rules. Most people are thinking about the next 5 trades, they should be looking for the next 500. This is what separate moon boys from the real deal, studying and understanding human behavior and the rush for dopamine play a big role in trading, understand your vulnerability and work with them.

At the end if I can throw my 2 cents about charts and trading it would be to study price action. There is a thing that does not lag and tells you SO MUCH information and is massively underated. The candles and their wicks, it gives SO MUCH information. Personally reading candles and using support/resistances is what fits my personality the best. Cutting the noise is usually a very good technic in life, can be applied to anything. I would be curious to know what time frame are you using to trade or generate idea, 200 fcr players might like a certain type of trading, would be an interesting study.

Real gurus build their own models using things like linear and logistic regressions, but that's entry level numerical analysis. Make sure you got the correct cause effect in your model.


The chart indicators are most useful for short term trades IMO, for sure crypto.

This post was edited by RedFromWinter on May 1 2021 05:52am

Hype will make you millions if you’re early enough

Charts and analytics will make you 5-10% gain .. maybe, just do this 1000x with no loss, you’ll maybe make a millie

i buy when i like the coin or stonk and then sell when i dont like anymore