“You’re “Hoover Dam” right babe!”
If your goal in trading is to make money, then what the hell are you trading
anything other than BTC for? … 100X leverage, NO KYC, market open 24/7/365
& never closes, and it movies in all 3 major trading sessions … today so far,
about a $670 range … use my “BaseFEX Logo” affiliate link in the upper right
hand column and sign up … first check out the demo and get used to the order
book format, and then when you’re ready to go live, enjoy an extra 10% discount
on already LOW FEES of 0.02% “maker” [limit orders] or 0.06% “taker” [market
orders] … this puts more money back into your pocket where it belongs
… remember, at “BaseFEX, YOU ARE THE MARKET”!
Today’s BTCUSD trading action since about 11 AM EST at little choppy, which
drives home the point of low bid/offer spreads and LOW FEES … conditions a
little thin today in New York trading, and the bid/offer a little wider than normal
on the order book, running around the $5 level plus/minus some change … still,
that’s better than COINEXX and their LP’s where mystery bids & offers are a
mainstay and you have to be really careful about market orders.
Directly below, a long trade I made today where I want to show you a “double”
buy signal before entry.
click on chart to enlarge
Also, note there are 2 potential liquidation points, depending on your
aggressiveness as a trader … super aggressive takes the first “? plum check”,
and a more conservative trader waits for the second “plum check” … both are
“right & legit” as far as the trading algorithm is concerned … only in hindsight
does anybody know with 100% certainty which was better, and it’s a luxury
nobody has or ever will have.
One note on the screenshot above … it’s easier for me to take images off the
MT5 than the platform at ‘BaseFEX”, and although price may be off slightly, both
are bid high & low for the M1, so the chart will look the same and act via the
trading algorithm the same … however, in the e-book “Trade For A Living!”, the
BTC charts will come off “BaseFEX” … there’s a reason for this as I explain in
the e-book.
Blog update on Sunday … until then mi amigos … Onward & Upward!!
Have a great weekend everybody!
-vegas
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