QNT//USDT Simple rules of risk management and trading strategies

Coin in the Coinmarket: Quant

This coin is for work as an example no more, now there are many similar ones with similar trading situations.
On the chart showed the trend, the figures that are formed, the support / resistance levels.
The figures show the potential entry points in case of a breakthrough or holding the support/resistance zones depending on your trading strategy.

I cannot know how you trade or what strategy you use. You have to adapt my information to your trading strategy and first of all to your risk management.

Some simple tips for your work:

1) I advise you not to be like everyone else and not to expect super target. The target must be adequate. The smaller you set target, the more you will earn at a distance. When the price of a coin is rising through most of the volume, it is advisable to work locally up to +80%, so you will always have money to re-buy from the profits.

2) Complex % (using volatility) does its job. It can be used (the principle) not only on one coin (accumulation), but also on several coins without paying attention to the name of the coin (to accumulate profits from coin to coin). They should not be very many.

3) Remember—the level is not a line, but a zone. It is rational to work with a grid of orders.

4) If possible, protect your profits with a trivial stop loss. But do not place it too close to the main intraday volatility zone.

5) Do not work with a large number of coins, there is no need, they are all the same. Their rise in price depends primarily on the general situation on the market and in the world.

6) Take into account the phases of the market, including local character. Creators of individual crypto-funds will not raise the price against the general trend if people are afraid to buy at that time. Playing against the trend is more the exception to the rule.
There is a time to buy, a time to sell, and a time to watch. The third phase should take you the longest. Most people are only in phase one, regardless of the overall trend. Don't be like that…

7) Trade with your thought-out algorithms (trading strategy + risk management + experience), not with emotions. Those who lose money in the market—trade with emotions and ill-considered fantasies – desires.


The basis of your profit is your trading strategy and compliance with risk management based on your experience


Recommendations for trading strategies:

1) If you work in shorts, be sure to put stops and use adequate minimum leverage. Margin trading is a nightmare for an inexperienced and very greedy market participant.

2) When working in the spot on medium liquid coins, it is more rational to wait for a breakthrough in the downtrend and on the pullback after the momentum with a significant (important) buyer volume to enter the market. It's better to buy a bit more expensive, but with more confidence that the trend has changed. But, it is not a panacea, can after a breakthrough and holding the price a certain time—the continuation of the downtrend. Options for solving the problem:
a) stop loss.
b) Money cushion.
c) The first and second options in place.

3) If you really want to buy some crypto-coin before the break of a trend (you are afraid of not having enough time or you "know the exact future”), then don't buy with all the amount allocated to this coin. The first purchase (especially before a trend break) should not have a big % of the main planned volume.
a) If the price goes against your initial purchase and decreases—work martingale from the specified levels (in addition to the position) to average the average purchase.
b) If the price rises strongly by impulse, and you bought a small planned amount, then there are two options in this case:
1) Wait for a pullback and on the pullback to finish (but still not for the whole amount, you should have at least 20-30% cache at any pumping).
2) the second option, if the price has strongly increased and there is no substantial rollback—work with the volume, that is, and the rest of the money allocated to similar coins, which have not had time to grow in price.

Comment:

Breakout of the resistance of the triangle and the downtrend line. +30% from breakdown.

Comment:

Timeframe 3 days. Not breaking through the resistance zone 140-160, under the market dump 9-11 the price returned to the zone of the descending channel. There is a large squeeze with the volume of the "buyer".

A triangular formation has formed in the 68.1 level zone (level as a cent). Junction coming soon (depending on the direction of the entire market). Breakout of the triangle up as on ETH/USD 31 03 2020 or a local downward pennant. Two options are shown schematically by a marker on the graph.

There is a possibility instead of a V - shaped reversal (a rarity in the markets) after exiting a downtrend - the formation of a flat (accumulation), that is, a horizontal channel, the approximate range is shown on the chart.

Comment:

+335 (more than 3X) from the V-shaped reversal zone. I specifically show it on a linear one in order to visualize more of the trend. A pronounced uptrend after a similar downtrend. XRP ecosystem coin. Imagine what could happen to the main asset of this group when price containment is over (a fairy tale with a court).