Tylax-Finances

A BTC traders wet dream strategy?

Tylax-Finances Updated   
BITSTAMP:BTCUSD   Bitcoin
Important notes before kicking things off:

The following content is not trading advice! It´s only a strategy which would have worked over the last two bull markets. If you decide to give it a try make sure to be ok with the fact that all actions are based on your own decisions and no one else is forcing you to do so. Always, and especially if you lose money!


Hey guys, I hope you´re all doing fine! :)

Can you imagine turning 1 BTC into 120 BTC, almost risk-free? And can you imagine to do so by just placing 5 trades? Aaand can you imagine to make this fortune even though you would have locked up 50% for taxes and 10% for yourself after each trade?

Well, it´s my pleasure to share with you this very detailed and powerful strategy today that would have made you a fortune over the course of the previous two bull markets and very likely will do so over the upcoming one. If you like this idea please make sure to let me know by writing a comment and giving a thumbs up. And if you would like to stay up to date make sure to follow me and this idea.

Necessities to make this strategy work:

* A good portion of disciplin!
* a proper risk strategy: using S/L Limits, only using "play money", being able to take responsibility for your own actions
* access to the 3 day timeframe on Tradingview
* change the candle style to Heikin Ashi candles
* even more disciplin!
* indicator: Pivot Reversal Strategy with standard settings of Left Bars 4 and Right Bars 2
* a bull market and well educated understanding of the current sentiment
* and last but not least, Shaolin-like disciplin! :P

Not a necessity but something for pushing things forward a little bit faster:

* a trading account where you can use 3X Leverage

If you have managed to get all of the necessities, you should stare on a chart simple chart without too much distractions. All you can see are some candles, preferable in a free-from-emotions neutral color, and a few red and blue arrows. These arrows do come from our Pivot Reversal Strategy indicator and are exactly what we are looking for.

Making it simple, everything that these arrows are doing is to indicate the times when you should buy and sell. Every time you spot a blue arrow you buy, every time you see a red one, you sell/close the position.

Probably one of the most interesting facts about this indicator is that the price never dropped below the price range of the latest blue arrow. This makes it easier to trade on 3x leverage and reduce the risk of losing capital. Simply place a S/L a few ticks below the latest blue arrow and lean back.

Following these instructions would have led you to a relatively manageable trading activity of 5 total trades during the bull 2015-2017/18 bull market or 3 total trades during the bull market from 2011 to 2013 bull market.

Unfortunately, I don´t have enough space to show both market cycles on the chart. That´s why I want go with the 2015-2017/18 bull market in the following numbers-roll out:

First Trade

Example Starting Account size: 1 BTC
Gross Profit: 2.68 BTC
Percentage: 55.87% - with 3x leverage: 167.61%
Duration: 194 days
Withdrawal for taxes: 1.34 BTC
Withdrawal for every day life: 0.27 BTC

Second Trade

Starting Account size: 2.07 BTC
Gross Profit: 2.98 BTC
Percentage: 14.6% - with 3x leverage: 43.8%
Duration: 66 days
Withdrawal for taxes: 1.49 BTC
Withdrawal for every day life: 0.30 BTC

Third Trade

Starting Account size: 3.559 BTC
Gross Profit: 9.51 BTC
Percentage: 55.74% - with 3x leverage: 167.22%
Duration: 162 days
Withdrawal for taxes: 4.76 BTC
Withdrawal for every day life: 0.95 BTC

Fourth Trade

Starting Account size: 8.314 BTC
Gross Profit: 26.65 BTC
Percentage: 73.51% - with 3x leverage: 220.53%
Duration: 87 days
Withdrawal for taxes: 13.33 BTC
Withdrawal for every day life: 2.67 BTC

Five Trade

Starting Account size: 21.639 BTC
Gross Profit: 195.18 BTC
Percentage: 267.32% - with 3x leverage: 801.96%
Duration: 167 days
Withdrawal for taxes: 97.59 BTC
Withdrawal for every day life: 19.52 BTC

Overall Duration from first open to last close : 835 days
Net Account Size: 119.229 BTC


Sounds too good to be true? Maybe...



The (possible) Hints: Have we really entered a bull market?!

Since it is my absolute intention to keep things real, there are two things about this strategy which making me a bit nervous...

#1

If you look closely to time before the 2015-18 bull market you have probably already spotted that it would have been a losing strategy. This is because the blue arrows did appear at a higher price than the red arrows. Only after the first successful trade, starting in October of 2015, it would have been a profitable strategy.

The good thing is that we already saw a profitable first trade earlier this year from April 2019 to July 2019. The bad thing, on the other hand, is that we have dropped below the last red arrow due to the latest price action. This is something we have seen only once before during a bull market, somewhere around July of 2013.

Since you would have closed your trade at the latest red arrow it wouldn´t have caused a lot of damage to your trading account, but it makes me questioning if we really entered a bull market.

#2

The second thing whichs stands out is the fact that we have seen only one profitable trade before each halving event. I have marked these halving events by the purple lines. This would mean that we should not see any profitable trade until around May 2020. But to be honest, this is not something I give too much weight to since we see more and more institutions hopping on the train and bringing massive amounts of capital. It´s definitely a different environment now than it was in 2015 so we should not expect to see things happening in the exact same kind of manner.



The Conclusion

My strategy now is to hold tight and spend my time on analysing the market sentiment. If I we should drop significantly lower (<6k or lower) I highly doubt that this is the actual bull market. Up to this point I remain bullish though. If a blue arrow appears above the price range of 6-7k, I will place my 3x trade on it and hope for the best.



I hope this strategy will help you to make good decisions and with that being said,
I want to wish you the best of the best and a nice day.

Stay safe!
Trade active:
Guys, it´s getting serious. Based on the latest action, we got our first buy signal on the 2 day chart since months. Remember, we trade based on the 3 day chart. But usually, it´s not much time until the 3 day follows the 2 day chart.

If bulls can follow up the latest trend, we are well on our way to open our next trade soon. Can you smell the wealth? :)
Comment:

Here it is my friends! Almost missed out on the newest buy signal after a very relaxing weekend but I'm back at it again and will play it.

That also means to sit on my hands until the next sell signal which could easily take months to appear. So patience, patience, and even more patience.
Trade closed: stop reached:
And here we have it... Stop signal got triggered after a hefty drawback earlier this day.

We have never seen a failed buy attempt in any of the last two bull markets. On the other hand, we have also never seen a 350% price gain in a bear market.

Therefore, there's no evidence for either of these two scenario at the moment. Stay on the sideline until things get clearer guys!
Disclaimer

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