Bitcoin future?

JonTrades

Recruit
Messages
1
Bitcoin loves to move big!

I've dabbled in trading Bitcoin as a CFD and scalp it over a few days.

I've started testing a few EA risk management tools that automate stop loss movement to previous day's high lows for SL. Kind of like trailing stops.

If you can catch a few days moves back to back your looking good!
 
Messages
16
Bitcoin loves to move big!

I've dabbled in trading Bitcoin as a CFD and scalp it over a few days.

I've started testing a few EA risk management tools that automate stop loss movement to previous day's high lows for SL. Kind of like trailing stops.

If you can catch a few days moves back to back your looking good!
Bitcoin do some huge moves in last couple of weeks. It seems like it halt again temporary. What's your view and anything to share?
 

TrapLok

Recruit
Messages
127
I agree. Crypto market might look similar to Forex, because you buy and sell currency or some asset. On the other side, there are completely different market drivers which impact its volatility. I think that crypto is still very simple market driven by investors perception about potential earnings
 

momo3HC

Master Sergeant
Messages
415
I agree. Crypto market might look similar to Forex, because you buy and sell currency or some asset. On the other side, there are completely different market drivers which impact its volatility. I think that crypto is still very simple market driven by investors perception about potential earnings
Well, there are different market drivers for sure but not completely different. Also there are some rules (technical or fundamental) which apply for both markets.
 
Messages
16
Well, there are different market drivers for sure but not completely different. Also there are some rules (technical or fundamental) which apply for both markets.
Noo matter what instrument you are trading with, you still can't get away from supply and demand as the main driver.
 

Boyd35

Recruit
Messages
68
Expert, you are certainly right about supply and demand. This is exactly why it is called market. But still, there are extremely huge price oscillations on crypto market, which differs significantly from fiat currencies. Maybe it is due the fact that this market is not very deep. What do you think?
 
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