Introduction

Day trading is one of the most commonly used trading strategies. Day traders are active in most financial markets, such as stocks, forex, commodities, and of course, cryptocurrency markets. But is day trading cryptocurrency a good idea for you? How do day traders make money? Should you start day trading?

Unfortunately, we don’t have a single answer to those questions, but this article will explain what you need to know before you start day trading crypto.

What is day trading?

Day trading is a trading strategy that involves entering and exiting positions on the same trading day. Since the trading happens within the same…


Contents

Introduction

Short selling allows traders to profit off an asset’s price decline. It’s a very common way to manage downside risk, hedge existing holdings, or simply express a bearish outlook on the market.

However, shorting can be an exceptionally high-risk trading strategy at times. Not only because there is no upper limit for the price of an asset, but also due to short squeezes. A short squeeze can be described as a sudden price increase. …


I’m too lazy to read, what’s the TL;DR?


It’s difficult to be a bull, months of bearish action, months of hopes being dashed just as you finally convince yourself that maybe the pain will end and we can finally see a new run.

It looks like that time has come, what do you need to be aware of?

I’m writing this from the perspective of being involved in the equities market for the majority of my trading career and therefore being involved with a bull market for (almost) all of the duration of my trading.

Let’s run through some common mistakes and market behaviours you can expect to…


Part 4 in this series, time to distribute.

If you haven’t checked out Part 1, 2 & 3 they are available here:

Background to Wyckoff:

https://medium.com/@ColdBloodShill/wyckoff-101-part-1-the-background-fa543fc78870

The role of the Composite Operator:

https://medium.com/@ColdBloodShill/wyckoff-101-part-2-the-composite-operator-4e80d3862682

Accumulation:

https://medium.com/@ColdBloodShill/wyckoff-101-part-3-accumulation-2deef3335a4f

What is Distribution?

As with accumulation, distribution is a very specific process, simply put it is the process of distributing (selling) an asset at the desired (best) price over a time period. This is the direct opposite of accumulation where the market participants are looking to secure an asset at the lowest possible cost.

Typically we see periods of distribution after uptrends. The Composite Operator begins the lengthy…


Time to take a look into some basic Renko trading approaches. If you haven’t caught up on the opening article in the series please make sure you check it out for a full understanding of what Renko is and how it works (HINT: You’ll need to know this before moving on, and I’m not just saying that for a few extra clicks):

I’m going to cover some basic strategies in here for you to take a look into. I’m not saying that using these strategies is going to turn you into a winning trader, it won’t. But it will give…


Time for Part 3 in this series.

If you haven’t checked out Part 1 & 2 they are available here:

Background to Wyckoff:

https://medium.com/@ColdBloodShill/wyckoff-101-part-1-the-background-fa543fc78870

The role of the Composite Operator:

https://medium.com/@ColdBloodShill/wyckoff-101-part-2-the-composite-operator-4e80d3862682

In this post we’re going to look at Accumulation.

Accumulation is a process, it’s a process that in recent months more and more people have been placing on a range or an asset. I wanted to debunk some of the myths around accumulation and provide you with an overview of what to look out for.

What is Accumulation?

Accumulation is a very specific process, simply put it is the process of accumulating…


I thought it would be easier to revert to Medium to produce this introduction into Renko.

Renko is a charting method I believe more people should be using, especially newer traders. The reason being (and the main selling point of Renko) is that it filters out the noise. If you find yourself getting distracted by a ranging market or shaken out of position I’d recommend looking into Renko a little more.

As you’ll see from my previous story — I think this is one area where new traders lose a lot of money: https://medium.com/@ColdBloodShill/discord-and-cryptotwitter-are-eating-your-balance-c19e0a280057

I’ve been working on a Renko…


If you haven’t read Part 1 in the series, you can check it out here: https://medium.com/@ColdBloodShill/wyckoff-101-part-1-the-background-fa543fc78870

I was going to start with a discussion of Accumulation for Part 2 of this series. But in truth it’s really important to understand the role of the Composite Operator (CO) in Wyckoff methodology. The reason being is that the CO is behind all of these markups and markdowns (according to Wyckoff anyway.) Once we look at the role of the CO the movements of Accumulation and Distribution will make more sense from a Wyckoffian perspective.

…all the fluctuations in the market and in…


Welcome to Wyckoff 101. My aim through this collection of articles (unsure of the total amount at the moment) is to take you through what Wyckoff is, how it’s used and why I plan my trades with Wyckoff. If the demand is there for it we’ll expand to cover off schematic use, live examples and ways to continue the discussion.

I will add that I find PA incredibly helpful as a companion to Wyckoff, the ability to find levels that match with Wyckoffian schematics is important to ensure you’re not entering in less favourable positions. …

ColdBloodedShiller

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