Quick Fingers Trading Strategy

in #bitcoin7 years ago (edited)

A quick summary of the Quick Fingers Trading Strategy:

  1. Watch the coin chart and check if there are nice drops and spikes at least 3 months.

  2. Check the chart again and mark your base lines and see if the chart respect the 'base' lines. If price sometimes not reach the base line after the panic sell, you need to check if it really don't respect the 'base' or if some coin news dropped the price and because of the news price havent reached the base line. If the chart respect 'base' , move forward.

  3. Check all 3 previous months 'base' lines and mark how long the spike and the crack typically was, so you could predict future base lines and how long the drop will be below base lines.

  4. Check if the coin is 'healthy' and if the price drop is just another panic. If you wont find any news about the coin and about what caused price drop, you can buy it.

  5. Put alerts below base line. Do NOT buy right away below base line, just be patient and wait for perfect spot to buy.

  6. If the price continue falling, buy again at lower price, if the price keep decreasing, buy even at lower rate.

  7. Get alerted when price increased and sell after you making profits.

  8. Repeat the process.

Find more here: https://steemit.com/@quickfingersluc

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