I also do manual trading but if I ask you what’s is going to happen in the next candle nobody knows the answer - so pointing on one direction is always limited to 50-50% changes to win or lose - have you thought about trading in ranges? Almost reply to your messages using my strategies so even on this message I invite you (if you have the time) to look at the s-1 which explains how to trade in ranges.
Rossano, I trade support and resistance. All coins have that no matter how far back we look. I currently trade RNDR on coinbase and the support and resistance for it is pretty clearly defined. I am not sure what you mean by trading in ranges. I have been considering only daytrading for awhile and as I said, after this bot ends, that is what I will do. Unfortunately, bots do not let us have the complete control as daytrading does. I can set where I want the buys, add funds as needed, etc. Even DCA cannot do that because we cannot set the lines to match exactly where we would like to buy. As we know, June and September are the big drop months. So I should have expected this, but I thought even if the drop occurred, I could always add more DCA lines and be ok. It hasn’t quite turned out like that with the combo bot.
Do you do TA or use QFL?
No. None of that. Gainium is a great platform, but it needs several upgrades. Dragging DCA lines would be the biggest upgrade needed. This way we could use DCA as support and resistance.
You don’t need to do that tbh otherwise you could just do it within tradingview - you can automate the process using QFL either to start, close or add DCA. Yes adding a drag feature option on chart could be a good feature but I don’t think is essential from my personal point of view.
Forgot do add that if you think it will bring value to the community and the way of doing trading you can add a feature suggestion
Thanks Rossano. You always give good advice. But I have begun daytrading again and forgot how much I enjoyed it! I added DCA to the smart trading on the terminal and if the price drops below the support, I add a bit more funds. With multiple take profits. The smart trade incorporates the best of all the strategies on Gainium. The only drawback is that I have to keep a closer eye on it. And looking back over the past year or so, it seems as if the pattern has changed and we should see an upward price reversal next month. Hopefully, we can all make some nice profits.