Hold LONG POSITION / BITCOIN & STEEM TRADING SYSTEM # 6

in #bitcoin7 years ago

🐒 SYSTEM # 6

🐒 BITCOIN & STEEM TRADING SYSTEM # 6

🐒 For System # 6: This is the data I use . Combined volume of Bitcoin traded against Altcoins at Bittrex and Poloniex , Online users at Poloniex , Steem price , Bitcoin price. All data recorded daily at 7:00 AM EST give or take a few minutes .

🐒 BITCOIN & STEEM TRADING SYSTEM # 6 works like this . There is no chart used with this system only a color coded spreadsheet . When columns B and C have two consecutive REDS it is a signal to buy Bitcoin and or Steem . Next when columns D and E have two consecutive GREENS it is the signal to exit the long positions .

🐒 The first spreadsheet below is an EXAMPLE


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🐒 BELOW REAL TIME SPREADSHEET


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🐒 BELOW SPREADSHEET SHOWING THE RESULTS OF SYSTEM # 6 PER ONE BITCOIN TRADED

BITCOIN TRADING SYSTEM # 6

BUY DATEBUY PRICESELL DATESELLPROFIT / ( LOSS)Cumulative P/L
5/27/2017$ 20406/04/2017$ 2560$ 520$ 520
6/15/2017$ 23206/17/2017$ 2564$ 244$ 764
6/22/2017$ 26686/24/2017$ 2714$ 46$ 810
7/01/2017$ 25037/04/2017$ 2597$ 94$ 904
7/27/2017$ 25897/28/2017$2753$ 164$ 1068
8/16/2017$ 40909/01/2017$ 4784$ 694$ 1762
9/17/2017$ 35929/26/2017$ 3938$ 346$ 2108
9/30/2017$ 427111/26/2017$ 9073$ 4802$ 6910
12/01/2017$ 994512/02/2017$ 11,000$ 1055$ 7965
12/09/2017$ 15,88312/17/2017$ 19,847$ 3,964$ 11,929
12/23/2017$ 15,382

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🐒 BELOW SPREADSHEET SHOWING THE RESULTS OF SYSTEM # 6 PER ONE STEEM TRADED

STEEM TRADING SYSTEM # 6

BUY DATEBUY PRICESELL DATESELLPROFIT / ( LOSS)Cumulative P/L
5/27/2017$ 0.816/04/2017$ 1.27$ 0.46$ 0.46
6/15/2017$1.936/17/2017$ 2.11$ 0.18$ 0.64
6/22/2017$ 2.126/24/2017$2.260.14$ 0.78
7/01/2017$ 1.677/04/20171.85$ 0.18$ 0.96
7/27/2017$ 1.407/28/2017$ 1.42$0.02$0.98
8/16/2017$ 1.239/01/2017$ 1.58$ 0.35$ 1.33
9/17/2017$ 1.079/26/2017$ 1.10$ 0.03$ 1.36
9/30/2017$ 1.5511/26/2017$ 1.02( - $ 0.53 )$ 0.83
12/01/2017$ 1.0612/02/2017$ 1.09$ 0.03$ 0.86
12/09/2017$ 1.7912/17/2017$ 2.23$ 0.44$ 1.30
12/23/2017$ 3.28

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SUMMARY

🐒 Hold LONG POSITION using this system

The Bitcoin price is from the Coinbase trading platform GDAX .
The Steem price is from Bittrex

🐒 As of today ending trades for System # 6 using Bitcoin are 10 Total trades , 10 Profits , 0 Losses , 100% accurate and a profit per Bitcoin of $11,929

🐒 As of today ending trades for System # 6 using Steem are 10 Total trades , 9 Profits , 1 Losses , 90.0% accurate and a profit per Steem of $1.30

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DISCLAIMER : This content is for informational, educational and research purposes only.
Please get the advice of a competent financial advisor before investing your money in any financial instrument.
It is strongly recommended that you consult with a licensed financial professional before using any information provided here . Any market data or news commentary used here is for illustrative and informational purposes only.
Trading involves a high level of risk. Future results can be dramatically different from the opinions expressed herein. Past performance does not guarantee future performance. Consult an investment professional before investing.
All ideas , trade signals , opinions and/or forecasts are for informational, educational and research purposes only and should not be construed as a recommendation to invest, trade, and/or speculate . Any investments made in light of these ideas, trade signals, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk. I am not an investment advisor, information shared here is for informational, educational and research purposes only and not a recommendation to buy or sell anything .

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Be sure to check out first thing every morning to see what the systems are doing that day.
Daily Bitcoin / Steem Trading Systems Update

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I love Steemit but here's a post in which I want to emphasize on lack of UX it has
https://steemit.com/steemit/@bitpost/a-better-steemit-what-features-do-you-steemians-need

SUMMARY

🐒 Hold LONG POSITION using this system

The Bitcoin price is from the Coinbase trading platform GDAX .
The Steem price is from Bittrex

🐒 As of today ending trades for System # 6 using Bitcoin are 10 Total trades , 10 Profits , 0 Losses , 100% accurate and a profit per Bitcoin of $11,929

🐒 As of today ending trades for System # 6 using Steem are 10 Total trades , 9 Profits , 1 Losses , 90.0% accurate and a profit per Steem of $1.30

🐒

DISCLAIMER : This content is for informational, educational and research purposes only.
Please get the advice of a competent financial advisor before investing your money in any financial instrument.
It is strongly recommended that you consult with a licensed financial professional before using any information provided here . Any market data or news commentary used here is for illustrative and informational purposes only.
Trading involves a high level of risk. Future results can be dramatically different from the opinions expressed herein. Past performance does not guarantee future performance. Consult an investment professional before investing.
All ideas , trade signals , opinions and/or forecasts are for informational, educational and research purposes only and should not be construed as a recommendation to invest, trade, and/or speculate . Any investments made in light of these ideas, trade signals, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk. I am not an investment advisor, information shared here is for informational, educational and research purposes only and not a recommendation to buy or sell anything .

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thanks for the summary

Thanks for sharing. However i'm a bit sceptical, perhaps I’m missing something..
But if you just bought and hold, your returns would have been better:

Buy sell P/L
Bitcoin $2,040 (5/27/2017) $15,382 (12/23/2017) $13,342 (vs $11.929)
Steem $0.81 (5/27/2017) $2.23 (12/23/2017) $3.28 (vs $1.30)
The system produces good returns, but doesn’t out perform a simple hold strategy. I can probably come up with lots of trading strategies that produce nice returns in these market circumstances, but they are no value to me if I just simply produce better returns with hodl.

useful information.
but i want to ask. how do you think about the development of bitcoin in 2018 in the future. whether the price will increase or the price will decrease?

As of today ending trades for System # 6 using Bitcoin are 10 Total trades , 10 Profits , 0 Losses , 100% accurate and a profit per Bitcoin of $11,929

his beautiful postings, dropped in my account and upvote

I think that the best way to earn is not to trade on an intense level, because you only pay a lot of commissions. I would apply the general rule of time to life. The crypts reflect the companies below so an approach like that of Warren Buffet on companies I think is the best.

Helpful topic. It helps us to know about bitcoin current situation.
Thanks dear for sharing

What a brilliant statistics...

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