Let's take a close look at OmiseGO (OMG) for a quick trade.
This is a very strong coin which is available on Binance, Poloneix, BitFinex, Bittrex and other exchanges, so this trade is available for everyone basically.
OMG is a very active coin and it has been seeing positive upward action for a while now. We just bounced from the support line of an ascending channel, so there is room for more growth. Several other indicators are also telling me that this coin can be good for a quick and risky profitable trade.
Let's take a look...
>>> Below you can find the trade instructions:
Buy-in: 0.00148 - 0.00178
Targets:
(1) 0.00198 (2) 0.00228 (Aim for this target) (3) 0.00248
Additional targets (longer term):
(4) 0.00278 (5) 0.00358
Stop-loss: 0.001420 (Maximum risk about 20%)
Note: The stop loss is recommended for this trade. If the trade goes south, the stop loss will cut your loss and kick you out of the trade.
Here you can see the ascending "green" channel on the daily chart:
>>> Message
Patience is the key to success...
The key to success when trading cryptocurrencies...
When organizing your life (solving problems)...
When trying to achieve happiness & wealth...
Patience and deep breathing is the key to attaining everything you want, good or bad, in this lifetime.
Namaste.
Kommentar
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I did this analysis with short term targets in mind but this coin potential is huge. I wrote 200% profits potential on the title based on the possible long term profits of buying this coin. For short term, look for a 40% profits potential.
200% also sounds way better than 80%, 50% nor anything like that.
I hope you understand. This is no big deal, but the potential is still there if you decide to go long on this trade.
Thanks again for your support.
Please allow this trade time to develop. :)
And remember... YOU DESERVE THE BEST!!!
Namaste.
Kommentar
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We had a nice drop in price for this trade. The price went down all the way to 0.001429. Since we didn't hit our stop loss (0.001420), this trade remains active.
Here is the 2h chart with support / stop loss level marked:
Note: Please keep your stop loss active until we start to go up. If the stop loss is hit we are closing this trade.
In the meantime, this trade remains active. :)
Trade ist aktiv
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We are near our stop loss but still going up within an ascending channel.
We are on the lower part of the channel, so with enough momentum, we can go ahead and test the higher part. Please keep your stop loss active at all times.
Here is the daily chart (this trade remains active):
Trade geschlossen: Stop wurde erreicht
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This was a negative trade. We close as we reached our stop loss.
On the daily chart:
- We break our ascending channel. - We touched our stop loss. - There is still plenty of room to go down. - So this trade is now closed.
Thanks for your support. Some we win... BIG, some others we lose... SMALL (this one is a small loss).
[The trades that are on HOLD are no loss. A loss is only sealed when a position is closed below buy-in. For these we simply wait... Which is ok, waiting is something easy to do. There is nothing wrong with waiting. Waiting is fine.]
This was a risky trade as written on the details and we took the risk. It is a risk vs reward game. This time we didn't hit it, the correction was stronger than what this trade was.
Let's move on. Thanks again for your support :)
Kommentar
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This is why I don't like stop loss, and I rather trade / wait / hold for LONG.
Kommentar
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We are trading OMGBTC for massive profits... Take a look here:
Kommentar
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FROM CALM TO LOVE (MEDITATION)
It can become relaxing all of a sudden... From rush to peace. You can go from disorder all around, to learning to breathe.
Patience is a tool that you can use to help you win. Patience is a tool that you can use to help you grow.
With patience, you can reach the feeling of calm. With calmness, you can encounter an eternal moment of love.
That's how meditation works...
You start breathing deeply, and you end up going from calmness to love.
I don't understand all you people complaining that you lost money. If you don't do you own research and analysis you're always going to get screwed. @alanmasters doesn't care about you making money. He buys coins based on analysis, promotes them. Hoping a positive impact on price. and sells.
Don't ever trust anyone blindly. You lost some money today, but hopefully you learn a life lesson.
bitb0y
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@bitb0y, PS. I should mention, I don't think @alanmasters is doing anything wrong. His advice could earn you money, just saying don't be sheep, get slaughtered and complain. Watch your own backs.
Tidus23
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@bitb0y, You dont lose until you sell. Maybe we had a bad entry, but OMG is definitely a good coin.
bitb0y
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@Tidus23, yeah long term hold is a safe coin (as safe as any coin can really be). This isn't bashing OMG, just feel bad for people who just read post, buy coin, then get really sad.
mamavater
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Only pump and dump!! Stop trusting this guy
ded4lebed4
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@mamavater, the amount of followers Alan has surely pump the price, but OMG is a big coin and a good hold for the future. Have you seen what btc is doping right now? Thats the reason...
Tidus23
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@ded4lebed4, I knew this could happen because bitcoin's future contracts, but I'm a bit dissapointed... Hope this goes up so i can make my exit and buy sales :P
quantum.vapour
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@ded4lebed4, OMG has no volume! Its a p&d wake up.
JZRadz
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@mamavater, Yeah.. should alert people in Youtube..!!
secret_3108
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My advice to you guys: DON'T BUY RIGHT AFTER HIS CALL. Alanmasters' s VIP and GOLD group will DUMP on you. You should wait for the retracement. His group is getting bigger and likely becoming a PUMP & DUMP Group at some points.
On a side note, Alanmasters is here to make profits. He's not doing it for free. He always give BIG NUMBERS Aka profit potential to lure inexperience traders to his VIP group. His tactics will likely work in BULLISH market when people are ready to throw their money no matter what the position they get in because they know they can sell higher. However, it won't work in BEARISH market. BE CAREFUL !
Don't ever trust anyone blindly. You lost some money today, but hopefully you learn a life lesson.