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RE: The Coinigy Market Scanner will be a game changer

in #trading7 years ago (edited)

Great video again and I agree, a market scanner would be really great.
What I use so far is a combination of marking really good coins as favorites and all the others (like moderate to "maybe worthy") get color coded by right clicking the pairs and assigning colors from red (probably risky) over yellow to green (worth having a daily look and reset alerts).

This way I can run through all the greens on a pretty regular basis and I only take the time to set new alerts from everything below green/yellow like once a day and skip all reds and uncolored coins.

Anyway. Thanks for the great explanations and show offs of your trades. It makes it really easy to understand.

I am still struggling as I only have a very small account to deal with until I feel comfortable with the trades. Today I had an eye on SYNX/BTC during its skyrocketing and tried to catch the first dip but it was so fast that I wasn't able to catch this.
So how do you handle those kind of things when you try to catch the first dip on a really high bounce? Do you try to keep up a buy order like 10-20% below the top or do you try to react in time and hope to get the order through and catch it?

I also have difficulties to find a new base on a chart that came out of an upwards movement. For example ETH just bounced up to $225 yesterday and came down again to about $180 with a smaller bounce afterwards.
I guess the current (weaker) base would be the $190 (that already got cracked like 5 hours ago) with a stronger base at around $170 that got tested twice during the past 3 days, right?

Well, thanks again for your time and your well made videos/explanations, it is very much appreciated!

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yeah that SYNX is rocketing to the moon 850% so far... I cant touch that now.. and ETH the 170 base is the one im gonna play off.. if i buy any before that crack it would just be nibbles.. no real position until we see some panic below 170

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