Aliassmith Beats a "Dead Horse"

[LeMercenaire]

Would you wait until price closed below the orange line to short?

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I'd wait for a return to and fail to close over and then go in.

[buffalo]

Would you wait until price closed below the orange line to short?

index.png

I don’t understand, it is already closed below the orange line.

yes, I mean in real time would you say to wait until that line gets a close below to short or I dont necessarily need to be super strict on not shorting before the close under ?

shouldve put this picture in that post as well (Its from somewhere on kreslik, maybe doji posted it)

shortline.gif (36.77 KiB) Viewed 1929 times

[aliassmith]

Would you wait until price closed below the orange line to short?

index.png

I don’t understand, it is already closed below the orange line.

yes, I mean in real time would you say to wait until that line gets a close below to short or I dont necessarily need to be super strict on not shorting before the close under ?

shouldve put this picture in that post as well (Its from somewhere on kreslik, maybe doji posted it)

shortline.gif

I C

You have to have a close under to use support becomes resistance.

If you are trying to enter right before it breaks you run the risk of a bounce.

[aliassmith]

So you have FB at about $340ish

The $340 strike NOV 12th could have been traded like a penny stock. 5.80 to 10.20

65x leverage in a cash account.

[aliassmith]

Beyond Meat (BYND)
If you look at the red price it looks like I'm down.
But, its actually a 20% increase with my before and after.

[aliassmith]

Apple (AAPL)

$0.32 per share gain
25% return on capital

The power is it could be worrh $32 or up to 25% of your account .
Conservative up to YOLO

[buffalo]

Today on ethereum: market structure broke to new lows at 9 o'clock am. price poked above a lower high at 4793, but didnt hold and continued short after a micro structure break. you traders on kreslik might like crypto, basically just for the charts. ethereum swings almost 1% or more on 4h candles. with minimal leverage yall could kill it in crypto. (not that your arent already)

1192021.png (51.82 KiB) Viewed 1513 times

[aliassmith]

Today on ethereum: market structure broke to new lows at 9 o'clock am. price poked above a lower high at 4793, but didnt hold and continued short after a micro structure break. you traders on kreslik might like crypto, basically just for the charts. ethereum swings almost 1% or more on 4h candles. with minimal leverage yall could kill it in crypto. (not that your arent already)

1192021.png

I traded bitcoin and wasn't iImpressed. The speeads were wide and fees were crazy. I also invested in XRP when it came out. A broker in china closed my account and took my funds.

In your chart it looks like it grabbed liquity at that main level then you had several low risk opportunities to short at micro s/r flips

At the "Made for Newbies brokers" i think you can only go long and no margin. I've only really looked at Robinhood and Webull. I'd have to say For a phone app I do like what Webull offers functionality wise. To bad they are a chinese firm.

As long as there are options and forex I don't worry about crypto. You can literally make 1000% a year with both.

[aliassmith]

Browsing some options
(BA)
Had a 100% move in there its still up 26%

Catch a few of those a month and its all good

[LeMercenaire]

Today on ethereum: market structure broke to new lows at 9 o'clock am. price poked above a lower high at 4793, but didnt hold and continued short after a micro structure break. you traders on kreslik might like crypto, basically just for the charts. ethereum swings almost 1% or more on 4h candles. with minimal leverage yall could kill it in crypto. (not that your arent already)

1192021.png

I've noticed that Dead Horse works like a dream on ButtCoin but cost idiot money to get involved.

Never looked at the others.