In this section we provide you with our crypto picks of our best cryptocurrency list to be long in a positional as well as a swing trading . Using our picks you will be able to open long positions and hold them at your long-term or short-term at your choice. The crypto symbols are added periodically as soon as we find best entry points for secure cryptocurrency symbols ONLY! There is no fixed date of the week when we place our choices here. Crypto symbol picks are irregular and could be placed as many as 3-5 of them at once on one day or just once in a week or even two. Symbols are placed in the index chart as soon as they're found, researched and released by our team at any time of the day. We highly recommend you to check this section regularly during the day!
Here we will discuss our views on best US online brokers, what technical market indicators to use and where to find them, also we will share with you our winning short selling technique.
Best US online crypto exchanges to buy and trade cryptocurrency.
After careful analysis on dozens available online brokers we found three best choices for you!
Technical market indicators, how to use them and where to find!
Every trader chooses the right technical market indicators for himself to improve his trading. We will share our thoughts on this matter but you decide for yourself what suits you best. Having our extended operational experience in this field we have seen people who have installed five, six monitors and tried to use a dozen different technical indicators to trade successfully. As a result these "miracle traders" often stayed flat on their investments and sometimes went into a negative zone. Also we know very successful traders who have used not more than two monitors and three or four technical indicators. On the web you will find a sufficient number of paid ads for those technical indicators. They take the monthly payment by promising to provide a valuable information on top of those indicators. Do not get fooled by it. It's just a trick to suck money out of you. It is more than enough to use a free service provided to you here http://www.freestockcharts.com/
Here is our pick of four technical indicators for you!
1. MACD Histogram 12 26 9
2. Stochastics 12 %K 3 > %D 5
3. Volume > Moving Average 50
4. Plot style > Heiken-Ashi
From our point of view this is quite sufficient for having a successful trading, though the choice is yours.
Our short selling technique.
Opening short positions and short trading requires an impeccable discipline for any trader. First of all this kind of trading happens to be a short-term trading. It runs from a day trading, intraday (short-term trading) that is opening and covering a short position during the same day, to a mid-term trading (medium-term trading) that is opening and covering a short position from one day to at most a week. It is very important to open a short position on the same day when it was placed by us in our index chart ONLY if the price did not jump up on that day. If you see that the price goes up watch this stock for not more than 3-5 days and then open a short position at the maximum peak within this time frame of 3-5 days! Never open a short position at the profile price. Try using a 1-minute chart and technical indicators described above to enter a short position at the peak or close to the intraday peak. In our index chart it is the upper price range. Keep in mind that the best loss is the one you did not make. If you are not sure of the entry point or the price of the stock ran up greatly on that day do not open a short position and watch it until the next day. You can always come back to it the next day or within 3-5 days and open a short position at a higher price. After opening the short position immediately place a limit order to buy to cover it at a price of 10% below the price it was shorted at. The vast majority of our short picks could give you gains of 20% -30% or even 50% but the more you try to make the more risk you take. Our technique includes a maximum risk minimization as much as possible. Therefore we strongly recommend you to limit a profit to 10% and cover your short position. When you short penny stocks it is very difficult to use stop-loss orders since the volatility of these shares is very high on the intraday. Each trader should set his own loss limit to protect the investment!