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Disclaimer: The information provided in this trade alert is for educational and entertainment purposes only and should not be considered as financial advice. The author is not a financial advisor and is only sharing their personal trading activities in full transparency. The opinions expressed in this alert are the author's own and do not reflect the views of any other individual or organization. Investing in cryptocurrencies and other financial instruments involves a high degree of risk, and you should not invest money that you cannot afford to lose. Always do your own research and consult with a licensed financial advisor before making any investment decisions. The author is not responsible for any losses or damages resulting from the use of the information provided in this alert.

13 for 13

IADSS showed sell signal on both the 3 and 5 min, I waited for trend to turn on the 3 min and then sold. I got in 18 hours ago and am already out with nearly 25% gainers. I exited at 219.95

I know we are going into the weekend and I know we could go higher and crypto pumps but remember the miracle of compounding. If you take $10,000 and you're making 25% every 24 hours, this is what you make a year.

10K w 25% return every 24 hours = $162,770,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000

Yesterday's entry was here

 

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Comments

Mike

Thanks for posting these Trade Alerts, James 👍! I've been following along and am now 5/5 on the leverage perps on SOL. This is amazing 😃.

THINKBIG-StartSmall

Could you share a bit more about adding additional collateral when we are getting closer to liquidation price? As in share the logic behind it and how to calculate when and how much to add? James shared this on [30 Oct 2024] " I just doubled down on my SOL Perp - reducing Entry Basis to 175.8 Rem double down means eg in at first layer for 100 SOL, second layer 200 SOL if there is a third layer it will be 300 etc" Thus, if I open my Long perp with 1 SOL, then I would add 2 SOL in the next level down, and then 3 SOL in the next level down. Could you explain this please?

BP

Anyone know what settings James is using for the Confluence Indicator? Date range and Entry % and Bias?

PinkFloydFanatic

I’m just here to gloat a bit. How many times did I tell you James, “don’t sleep on Litecoin”. If you’ve studied it at all, you would know it is essentially bitcoin. When the supply crunch wall is hit, people are going to be looking for solid alternatives, and not only is Litecoin an alternative, it is lightyears beyond bitcoin, and always has been. 100% blockchain up-time, and has been the beta testing ground for bitcoin for a long time. Anything that has been applied to bitcoin was done on Litecoin first. Consistently beats bitcoin in BitPay system of payment, has a privacy feature, and is four times as fast. You say you like disruptive technology, but Litecoin is infinitely more disruptive than bitcoin. Don’t count this one out.

Bingus The Dingus

When in doubt zoom out. It hasn't even hit the march highs. All dogs have their day but if you hold them long term you'll be missing most of the gains.

Cachi

Although no question that compounding is extremely powerful, you could never apply it to perps in the way James suggests; here’s why- The implication is that you would reinvest 100% of your previous gains and thus you would be entering exponentially larger amounts into the trade. This also requires increasingly exponentially larger collateral, commensurate with the trade amount, otherwise your liquidation price would practically be your entry price point and you’d risk getting stopped out immediately, losing it all. Unless you already have massive bags and you’re willing to put insane amounts of money at risk, this wouldn’t work. When it sounds too good to be true, it is.

FinalTrade

Is the IADSS on 3 and 5 min a trading strategy?

Donkey Dolittle

Yes Thank you. I did watch that video and from that I did my first trade ever. I am such a beginner so I would love to see the steps in baby steps going through a scenario that just happened step by step. So I can defend myself against a sharp deep🤔

Patrick S

SOL just jumped to $232!

Makanaki

Good Day everyone. Just became a member few minutes ago. So glad to be here

Makanaki

I am currently trying to get back into Sol cos ai sold my bags last week. Any help on how to use the trade alert in getting back in will be greatly appreciated 🙏 🙏 🙏