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10369586 No.10369586 [Reply] [Original]

>Stopped using indicators and TA and month ago.
>Only trade according to gut feel and support/resistance.
>Gains went significantly up.

>> No.10369609

>>10369586

>indicators are bullshit
>your gut is bullshit
Glad youre doing better tho

>> No.10369612

>>10369586
support and resistance is TA you know....
but i agree most indicators are shit (unles like 3 of them tell you the same thing)

>> No.10369616

Same. I just watch for cycles now.

>> No.10369675

>>10369586
In crypto, understanding market psychology and game theory is far more important than muh TA lines and balance of probabilities

>> No.10369700

>>10369586
>have never done TA
>barely passed calc 3
>go on CMC and buy whatever is -5%
>sell when +5%
>about to quit my job
this shit is cake

>> No.10369708

>>10369675
That, and you can actually tell that many of the big dumps/pumps happen in a way that they go against what the indicators say. Like, the RSI is already sitting at ~80 and then somebody goes long for 500m and drives the price up 3% and knocks out everybody who went short.

>> No.10369772

>>10369586
>>10369700
Are you guys trading stocks or memecoins?

>> No.10369805

>>10369586
>>10369675
I bumped my stack from 10k to a quarter mill since January trading based on market psychology and game theory. Zero TA, zero indicators just buying when there's blood on the exchange floor and selling into the FOMO. Works almost every time.

>> No.10369837

>>10369805
Damn, do you use leverage?

>> No.10369849

>>10369805
K.

>> No.10369859

>>10369837
Nope, no leverage. Just buying low and selling less low.

>> No.10369889

>>10369805
Just want to throw this out there regarding game theory and how it relates to markets. My admittedly non-expert grasp of the subject assumes rational players so my base assumption is that the market as a whole is rational, c.f. efficient market hypothesis. That said, I look for the irrational players and moves. Those I capitalize on.

>> No.10370395

>>10369889
Past examples of irrational moves?

>> No.10370417

>>10370395

bump

>> No.10370510
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10370510

>learned how to program most indicators
>now the number magic behind them no longer mystery
>trading success has gone up about 5% since then

>> No.10370524

>>10369586
It's almost like your memelines meant nothing

>> No.10370564

>>10369675
this. /thread

>> No.10370582

>>10369609
says the guy who doesnt believe in astrology pft

>> No.10370607

>>10370395
You may want to figure it out for yourself. The more people use a specific strategy, the less it works.

>> No.10370840

>>10369586
Intuition is powerful anon but one must gain the experience first to be able to use it.

>> No.10370863

>>10369609
This.

Buy and hold strategy always and will always work.

>> No.10370968

>>10370510
This. All indicators are pretty simple formulas to derive, and letting my bots do the trading removes the emotional component. They outperform me every time if I give them enough leverage.

>> No.10371033

>>10369586
Perfect for Seal Of Secrecy club.

We meditate and workout to be able to make better calls ( intuition ).

Join us. Make money, Ascend life

D1sc0rd c0de : FXfJqwW

>> No.10371053

>>10369586
you can bang you head against a wall trying to get the TA to work for you but in the end these are all just tools. The market makers use logical TA against you just as much as you use it for logic

>> No.10371244

This thread confirmed end of bear market

>> No.10371391

>>10370395
Personally, Brazil's economy went to shit last year when it's president was caught up in a corruption scandal, the 3x Brazil economy ETF BRZU went down 50%, through in 4k and made back about 80% in a few weeks

>> No.10371654
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10371654

>>10370968
>They outperform me every time if I give them enough leverage.
and how do you mitigate your risk against huge dildos incoming? I can guarantee one day you will be liquidated the minute after you get into a position.
is your approach resilient to this? please, tell us more anon.

>> No.10371728

>>10369586

Retard, we’ve been in a complete beat market until a few weeks ago, you’re only making gains again because the floor has been hit.