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RE: Yesterday's Poll: "Are you profitable for the last 30 days (if using Luc's method) ?" "Yes" "No"
Unfortunately, it seems like a lot of the new members in the Slack haven't stopped by Steemit, or even watched your videos for that matter.
Maybe there should be a secret code hidden in one of your blog posts that new members have to enter before gaining access to the Slack! :-P
@Coulter From my personal experience as an administrator of the Slack group, I think we can debunk your theory . I have never come across a user in the Slack that did not first know who Luc was, almost universally they discover the community via his Steemit post announcing the Slack or they watched a video on YouTube. There is a questionnaire that must be filled out before anyone can join the QuickFingersTraders Slack group, we use this to assure that the members joining understand what they should expect when they join the community. At the very beginning of the questionnaire it says "Welcome to the QuickFingersTraders Slack. a community of cryptocurrency traders who practice the reactive position trading method as taught by QuickFingersLuc (https://steemit.com/@quickfingersluc). To learn how to trade, we suggest you start watching QuickFingersLuc’s tutorials (https://steemit.com/@quickfingersluc) from July 1st 2017 onward. Community member @Imalive0 has created a document that helps to explain QuickFingersLuc's trading methodology in a step by step manner, you may find this useful to read while watching Luc's tutorials. (https://sites.google.com/view/trading-steps/home)".
With that said, not everyone watches/reads all of Luc's content before joining the Slack. I've frequently spoken to members who only watched one or two videos, and were not aware of the library of content he has provided us. People join the community from all walks of life, and all experience. The Slack was designed to accommodate both experienced and inexperienced traders alike, its a community for anyone who is interested in reactive position trading. Some of the regulars in the community find the inexperienced users to be a distraction but I disagree, I find them to be a breath of fresh air! You can learn a lot from an inexperienced person if you take the time out to teach them what you have learned, it helps re-enforce the concepts in your own mind. While your busy saving less experienced trader's butts (like Luc does!), it helps you to become a better trader at the same time. That is a clear win-win in my book!
@tizzle I agree with you wholeheartedly about helping the inexperienced. The same thing happened to me when I started teaching singing. My personal progress as a singer of classical music soared when I started to teach. When the same problems arose I found I had to explain the same concepts differently because each person learns differently.
Luc's efforts on his blog and videos are tremendous as he will sometimes say something slightly differently than he did before (there's a good reason to continue making videos @quickfingersluc, even if you already convered the topic).
I also appreciate the efforts of @tizzle @hodlgod @pelt @oneluckyflip @Luckystrike @imalive0 and @borian in the slack. They (and others) have enlightened me a little differently (I still need to fully understand buy walls). I enjoy participating there and sharing what I have learned along with a few of my successes.
I also appreciate @unknowtrader for creating the forum since I found searching in Slack (and sometimes using Slack) confusing.
I also know that the inexperienced who take the time to watch all of the @quickfingersluc videos, participate in the Slack, this Steemit blog and the forum will become the teachers later.
Let's all continue to help each other.
Good to know! I guess I just see a lot of the same questions asked over and over, a lot of which are answered in the videos. It's not a big deal. I'm new to trading as well, so I understand. Thanks for all the work you do, it's a great community.
Hi tizzle, I am with you on this one, however I have watched almost all of Luc's videos on Youtube, matter of fact I watch some repeatedly for last one week from where I have discovered some of the scanners he talked about and also the slack community. I am not so good at using slack, I tried to search for the community on slack couldn't find it. How do I will appreciate if you can help on how I can join the slack community?
https://docs.google.com/forms/d/173aHXPctaKMi6mRaAcvui0c-5ejiehgM9i4mByUU-1g/viewform?edit_requested=true#responses
The gateway to the Slack channel is currently down. Is there another way to join? Thank you!
Hey @tizzle I just noticed last night that I actually received an invite or was approved to the Slack group in my emails, However when I went to go thru the link, It said the link wasnt valid anymore. My email is [email protected] and my Slack name is crypto1on1 so is there anyway you could resend?
That sounds awesome, but after a week or so the code would get spread around and become obsolete.. I am sorta enjoing the break ive been given lately (from doing videos and answering questions) because I am a busy trader.. But as soon as the market starts turning bearish again, I know Ill be making videos trying to save traders butts..
Well I love the videos. It seems like the more experience I get trading the more I'm able to mine new gems of knowledge rewatching the videos. This trading thing has a huge declarative knowledge component but often we just aren't ready for certain things until we've encountered a situation in practice and then it clicks. Like lately I've finally gotten comfortable enough that I can layer in based on reading level 2 volume. But the day before I couldn't do it at all. Suddenly I was trading some NEO and it clicked. I bought based on volume and I made more money on the bounce. I was finally ready for that. If I can make a request Luc, more material on that. Layering in on the volume is a huge part of this technique. Anyway, thank you for everything and I'll spread the word. Upvote these posts!
"But as soon as the market starts turning bearish again, I know Ill be making videos trying to save traders butts.."
Hmm can you explain this further? Won't bases be respected in a bearish market?
Ofcourse bases will be respected.. thats my point.. in a bull market, everyone is making money regardless of what strategy they are using, but in a bearish market I make tons of trades and grow my account, while others are losing money.. So I will be making more videos, trying to help all the traders out there in the world who are searching for a solid trading method.
Thanks for your answer. I just needed to hear "of course bases will be respected... that's my point..." from the man himself even though you repeat it in every video ;)
I hate bothering u personally Luc, but I think that recently I developed a different opinion on base trading than most people in the slack...so I'd appreciate it if u looked over few charts(now all coins seem to be falling due to BTC, this assumes normal circumstances):
For example, this seems like a totally fine position trade to take...The base was retested, but it did not weaken completely, there was a sharp turn down, then the price kept retouching the base after a minimal drop, then finally went down and sideways. I do not think that either of these things disquality this as a proper position trade, but maybe I am wrong.
And similarly TRIG
Basically, what I am asking is if a panic is a neccessary component in position trading I guess. Until now I thought it simply meant that the reaction will be better in terms of % and time, but whenever I see a base break it is tradeable in a longer timeframe(until an avg bounce from an avg drop happens, at least).
If not, then most of the trades I take(i look for 10% profit at least) are more akin to daytrading small drops, and all base breaks without a violent reaction would have to be ignored from a position trading perspective. It would also cut the number of trades by 90% i guess.