Blueprint Remastered L10: Advanced Scalping 2

Jul 4, 2024

Trading Strategy Lecture

Key Trading Principles

Coin Identification & Trading Sequence

  • Multiple Coins: Always monitor multiple coins simultaneously (example given with coins 0, 1, 2, etc.).
  • Entry and Exit: Enter a coin (e.g., coin 0) and exit at predetermined value points.
  • Cycle Trading: After exiting, look for entry points in other coins (e.g., coin 2).
  • Scalp Positions: Enter short-term positions and sell when the opportunity arises.
  • Position Trades: These are taken when bigger moves are expected. Position trades should be justified by larger trends and reasons.
  • Hybrid System: Use a combination of trading styles; not sticking to just one methodology.

Avoiding Single-Coin Fixation

  • Do not get tied to one coin. Even if Coin 4 makes less than Coin 0, it's vital to keep diversifying.
  • It’s more about the market than individual coins.

Market Scalping vs. Coin Scalping

  • Scalping the Market: Focus on market opportunities rather than just building a strategy around single coins.
  • Time Frames: Different coins will move on different timelines.

Practical Examples

  • Hold Levels: Identify hold levels (example given with Theta and Ren coins).
  • Trend Breaks and Holds: Surpasses trend levels and breaks confirm trends. Engage in trades that respect these levels.
  • Scalping Strategies: Emphasize not just scalping a coin but understanding when a coin is likely to break out (e.g., Theta).

Application of Theories and Strategies

Fractals and Hold Levels

  • Fractal Nature: Futures levels are often dictated by past levels (example: origin levels turning into new support/resistance levels).
  • Origin Levels: Extremely powerful, marking pivot points.
  • Perfect Entry: Identifying perfect entry points opens multiple trading opportunities.

Market Theory and Technical Analysis (TA)

  • Theory complements TA, enhancing profitability.
  • Advanced trading theory has a meta perspective that adapts to current market conditions.
  • Larger accounts should carefully weigh theoretical moves to avoid large risks.

Position Adjustments and Scalping Across Markets

  • Adjust positions based on origin levels and hold levels on multiple coins.
  • Mix holding and scalping strategies based on market conditions and theoretical forecasts (example with EOS and its levels).

Legacy Levels and Dynamic Adjustments

  • Dynamic nature of levels: Legacy levels have long-term impacts and can dictate future support/resistance points.
  • Adaptability: Importance of adapting one's strategy to the dynamic market environment.

Conclusion

  • Successful trading involves a mix of theories, technical analysis, and practical strategies.
  • Scalping the market broadly, rather than fixating on individual coins, offers a broader perspective and better opportunities.
  • Continuous reassessment and adjustment of positions according to market trends and dynamics are crucial for long-term success.