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Messages - CTEXPaul

Pages: [1]
1
Cryptocurrency Trading / Re: Ethereum (ETH) Price Update.
« on: May 04, 2020, 10:16:38 AM »
if you look at the chart:



It looks like we're seeing an up trend in the price and an up trend in the sentiment.

This is the hourly chart, the daily still shows an overall down trend in sentiment.

I should mention that this is one of the tools we provide over at CTEXMarkets.

Hope this helps,
Paul.

2
Cryptocurrency Trading / Re: What Makes Your Trading Work?
« on: May 03, 2020, 09:21:26 PM »
Hey Abdmuiz,
     thanks for responding.

From my own knowledge I understand that technical analysis really comes down to your own interpretation of the charts and the use of indicators.

So aside from things like sentiment analysis, stop losses and take profits (trailing and normal), limit orders - is there anything for you that is a real game changer for you or given your trading style does it really come down to indicators and analysis bots?

I've done some coding of strategies before, including for high frequency trading, so I can see the value of these - I just haven't seen anything that I found really good specifically for crypto.

Regards,
Paul.

3
Cryptocurrency Trading / Re: the best place to start trading.
« on: May 03, 2020, 09:16:07 PM »
hey David,
     I read the thread with interest.

If you're trading using margin trading (including options or futures) you are putting yourself at risk/disadvantage (that I'm not sure that you're aware of).
If we ignore the way that the brokerages operate then your leveraged positions can lead you to ruin really quite quickly.

With spot trading on the other hand it's harder for you to make 'good money' but there's less potential drawdown.
If you look at the exchanges, depending on where you are in the world, you should look at the top 10 exchanges (as was already mentioned).

The reason for this is that the top 10 exchanges will have the levels of liquidity that you need in order to ensure that you can always perform a buy and sell - without having to wait for a few hours (and risk slippage or non-execution of trades).

This is just my opinion but my background is trading across both retail and institutional markets.

I hope this helps,
Paul.

4
Hey Savrab,
      I'd love to hear about the strategy a little more as well.

I'm really interested to see how it works with a brokerage as I know that the manipulation that happens in the back office in these places in incredible (and not in a good way).

So, tell us more :-)

Paul.

5
Cryptocurrency Trading / What Makes Your Trading Work?
« on: May 02, 2020, 04:00:26 PM »
Hi guys,
    as an active trader, what functionality do you think is missing from your trading platform?

or alternatively, if you have an exchange with something special, what function do you use that really makes a difference for you?

Thanks in advance,
Paul.

6
Forum related / Re: Hi, introduce yourself
« on: May 02, 2020, 09:42:10 AM »
Hi All,
    my names Paul and I'm trading over here in Switzerland.
I'm also the co-founder of CTEX Markets which is a trading platform for crypto (spot, not margin).
One of the reason that I've come along to this forum is that I'd like to get some insight from other traders - so if you're an active trader please say hi.

I look forward to sharing my knowledge/experience with you all and benefiting from yours.

Paul.

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