Ethereum Thirds Rule Trading
What is Thirds Rule???
Divide investment into THIRDS 1\3RDS 33%
Buy and Sell in THIRDS 1\3RDS 33%
Break each THIRDS 1\3RDS 33% into more THIRDS if necessary...
For example you have $3000 USD to invest in Ethereum.
(don't just spend all $3000 USD all at once)
Buy the first $1000 USD at ANY current market\exchange price.
Next put a second $1000 USD order at lower than current market\exchange price.
Last put a third $1000 USD order at even lower than current market\exchange price.
Why buy in THIRDS 1\3RDS 33%???
Because you dont wont to risk paying more. The price could and most likely will drop to your second 2\3RDS 66% order if not your last 3\3RDS 99% order for example: $10.00, $7.50, $5.00
Why sell in THIRDS 1\3RDS 33%???
Because you dont want to risk not making profits. The price could and eventually will spike higher from the original price point that you bought at. After each THIRDS bought you want to sell higher for example: $12.50, $15.00, $20.00
Why break each THIRDS into more 1\3RDS? 2\3RDS? 3\3RDS?
Thirds Rule is a MEASUREMENT. (like a ruler or a formula)
This will allow you to minimize risk or loss.
Better to be in the positive and not being TOO GREEDY!!!
Please use Thirds Rule responsibly as it may also be applied to any other investments than Ethereum.
Thank you for your time!
Stay tuned for more basic tradings strategies each month!
FranksIn©
Has the method been backtested?
I have tested with BTC\USD pairs.
FranksIn©
Would you publish your data?
I Purchased btc @ $250. Sold 1\3rd @ $420, Sold next 1\3rd @ $650, and Sold last 1\3rd @ $990. I can rebuy back lower in thirds as well so I don't miss the next spike. You don't want to be out of btc\ethereum\etc. After each third sold, you immediately put a lower rebuy back order for the same amount of coins sold. Any left over balance I withdraw into another wallet so I can keep track of my trading profits. Rinse and Repeat!!! Thank me laters...
FranksIn©
I like the concept... will give it a try...
Ride the wave mate! No matter price goes up or price goes down, you still WIN!!!
FranksIn©