I'm a little discouraged today.. Still let's take a look at the market..

in #trading6 years ago

Hey guys,

Im usually a pretty happy guy in my videos, but today has been a rough one for me, I'm feeling a little overwhelmed. I missed a bunch of good trades, and although its totally my fault, I have to break the cycle.. So, I thought I would just make a quick video to let you know where my head is at, and maybe also take a quick look at the market..

Thanks for watching and here are links to Discord and QFL Forum:

https://discord.gg/DZNaM7k

https://quickfingers.io/whats-new/

Thanks again for all your continued support, we do have a great community. (even though I can't always keep up with all of it)

Luc

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yo luc ive lost slack info can u send it to me? totally forgot name of the slack

Great video Luc. I am on the Discord channel, username Dunamis, and I want to encourage you that it is an overall very positive environment with people genuinely seeking to help newer traders with your method. I mostly observe and learn, but many knowledgeable people are working to fill the void when you are not available. I greatly appreciate your comments the past few days. They always seem to re-calibrate me. Many newer traders make it more complicated than needed.

I sometimes too get overwhelmed with all of the information and discussions, and just focus on trading for a couple days to find that balance.

There was definitely an uptick in your voice when you transitioned to discussing charts and your passion for it is contagious.

Thanks for all you do, and you should not feel bad about missing questions here and there, imagine if you had a million followers!

Oh my, a million followers would be a nightmare.. But yeah, I love trading, and its obvious.. I need to learn to set limits on how much a can participate in our community..

You need to treat your self employment like your business, period. If lunch is from 12 to 1, then 'schedule' discord time as you see fit. Like a meeting time. Not all day, and especially not in the mornings when the market is hot.

Let the videos work for themselves. Let the forum work for itself. Let the discord work for itself. DO NOT think that you have to keep up with the community. DO NOT think you owe us a visit. We will grow, we will learn from you, from each other, and ourselves.

You have planted the seed. The garden has grown. We will be fine.

Take care and much thanks.

I appreciate that.. I would love to just chit chat here and there with the community, just like anyone.. But I really do have to give my trading priority.. Im going to be much more focused tomorrow

Yes, there is a saying, an aphorism, that guides and helps me stay physically, mentally and emotionally balanced:

“Go by the clock, not by the mood.”

Not always easy to do, but with time and practice becomes easier.

I totally agree with you, mnben. This community became too big for Luc to answer questions and keep up with all comments. I think Luc shouldn't worry when others answer incorrectly. He is not responsible for other people's interactions. This would make him crazy. Maybe he or we should appoint a list of QFL veterans who already mastered Luc's method and can donate a little of their time to answer questions. I think Luc should organize his time and forget the community when it is not in his schedule. The thing is that the community became useful because many of our people are constantly watching the market and feeding fresh information all over the place. All channels available are getting more and more useful now.
Thank you, Luc. Don't worry, everything you taught us so far is enough. It is just a question of dedication in watching and studying your videos, posts, comments and all tools widely discussed in the community. Take care of yourself first!

Not sure if you read the comments, just wanted to say hello.

I saw some of your posts a while ago before joining Steemit and was impressed with your trading style, very ballsy. I was skeptical at first, but looks like a sound method. It's the same method used by institutional traders to wipe out the amateurs.

I trade price action pretty much the same way, only without the balls :-)

Hello Luc, I was new to trading and confused by watching charts. You proved to me Guru after someone from your community mentioned about you in the telegram chat two months ago.
Thanks a Lot to you, will ever be grateful to you!!!

I have a few Queries, if you could answer...

  1. While in the small account building moderately volatile coin market, which candlestick time should one use, 15 min, 30 min or 1h?

  2. How long should one remain in the single trade normally in your experience in the small account building trades?

  3. What ever you want to say more on these type of trades.

A video on This Topic would be very helpful to many, I think.

I always start with 1hour charts, because I want to see 1 to 2 months of data on a chart.. if that looks good, then I will consider looking closer, like 15 mins sometimes on those small account building trades.. But its not necessary, 1 hour charts are fine too.. and then the chart should tell you how long to expect to stay in the trade.. some of them only last minutes and others might last a few days.. just pick the best charts you can find.. and often you can milk one chart for a month or more, profiting every day or every other day on some of those real good ones.. You can easily make a living off just the small account building trades alone..

Thank you Very Much for your reply.

You are only discouraged because you cant help more people. That is a sign of a great man! Dont be sir! What you are doing is amazing!

I truly Thank you Luc! I been watching your videos over and over to make sure I really learn how to apply your method before I start making bigger trades. So far i have made a few mistakes, not bad because I am investing in coins that I want to keep long term. But I want to grow my accounts faster.

This market is very exciting to be part off but so hard and crazy. I got in not knowing much and my portfolio is down. I wished I would have found you back in December. I would have been doing much better. I do think I will get better and make my money back and then some.

If anyone in the community can help me with the following question:

If finding bases to see where they crack so you can then position trade is the key, what do you do when a coin keeps going up like Bitcoin did for two weeks straight from February 26th - March 5th from $9300 - 11,800?

There were not big cracks of bases that would really give you a signal to go heavy. Do you just not trade at all for 2 weeks and wait for a down turn?

How can you trade on the way up? Putting stop losses with every dip?

Thank you Luc! Both my wife and I love your enthusiasm! " Beautiful charts"

I have some reviews on my page with some services that crypto traders will like. Projects like Xtrade, Cryptalgo, and BCT. These will be some things if you don't already know about them would be beneficial to your community (which I am apart of). Thanks for all of the free info that you offer man I really appreciate it.

Yeah markets are kinda boring right now, despite a lot of good projects seeing progress and some decent news for the crypto space and some specific coins there's just not a lot of hype right now.

I suppose it should be expected, it's not natural or realistic for markets to be up 10% or 30% each day for weeks on end, I suppose a pullback was due.

Right now I'm kind of taking a step back, continuing to Dollar cost average and just trying not to focus on crypto too much right now

Keep this up, Followed you for more :)

Hi Luc,

Could you suggest have I drawn my bases correctly and is the time frame correctly taken ?

Thanks ! !

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