How To Keep Your Trades In Sane Boundaries
I'll make it quick:
- I am a developer, not a trader
- I bought high and sold low because I am a retard
- I developed a tool that helped me to be less retarded
- ...and hell, yeah, it is going to be sold at some point (but not yet) because in my opinion it works (call me a spammer)
How it works:
- The tool shows reasonable lows and highs on up to three different levels (=waves)
- Choose a level at which's low you want to buy, depending on the current market situation
- If your buy order fills, choose a high you want to sell at
- Frequently update your sell order based on the high's updates
- If it fills with a gain, be happy
- If it fills with a loss, or you feel the need to get out, take it professionally and move on
- Do the above with a few pairs and make sure you don't go all-in to spread the risk (keep reserves)
- Enjoy profits
What It Is Not:
The tool is not a crystal ball. As stated in the title, it helps you to stay in sane boundaries, which means you still need to do your own research where the market is heading to. You can use it as trading companion alongside your TA, 2nd opinion or as a tool to get a clue what highs and lows are reasonable. However, the actual trades are your very own decision.
Ok, And How Do I Get It?
The tool is called CoinStudio but we are calling it Fred in our community which tested Fred heavily in the past months and it has been officially released today (Hooray).
Fred is not an installable app but runs on any modern web-browser and you don't need to leave sensitive information like exchange api keys or things like that.
Before Fred is going commercial, everyone can use it for free in the next 2 weeks and we are not asking for your credit card information or stuff like that. Simply drop it if you don't like it (suggestions are welcome still).
So, here it all starts. Enjoy:
Btw, even if you are not interested in Fred, our Discord is a freaking funny place, you should join anyway.
