Follow The Dots I Do
I started trading XLM in 2018 when trading was strictly btc based. Then it seemed to lay low for a year and a half till late 2020. Staring last November XLM started making a real nice wave pattern on the MacD 1 D. Since XLM is a longterm stable coin in the crypto world, it provides a great example of the trade on the MacD dots.
For the last three years I’ve been trying to figure out a trading strategy that works for me. You see, I don’t have five big computer screens showing me the actual electronic pulse of crypto space that I can glue myself to. I got a job. I cook in the house. I try and go fishing occasionaly. I don’t want to be fretting and worrying about a trade I make. Nor do I have time to be “on it” all the time. What to do says I.
Then a postulation. What if one just traded following the MacD 1 D dots.
I was giddy with excitement.
Could this be a concept? Could this allow me to trade oh with ease on my shoulders and good sleeps at night. Lets us use the last XLM MacD 1 D wave that started November 07 and SEE if this concept could actually work.
To even make it more for me, I’ll just admit up front that I miss the lower buy dot and the upper sell dot by 1 day. You know, because I have a job, and gotta cook and fish once in a while. I also roughly estimated the purchase price on that day to keep math simple. Let’s use an initial invetsment of $1,000 so it’s easy to see where we end up.
1st trade
buy - Nov 07 @ 0.08
sell - Dec 05 @ 0.16
result - +100% = $2,000
inconsequential (incon) trade - Dec 19/21
An inconsequential trade is basically an in and out. It has no great effect on the outcome so I didn’t include them in the math. I show them because they happen. Fortunately, there are only two during this time period.
2nd trade
buy - Jan 06 @ 0.33
sell - Jan 18 @ 0.29
result - - 14% = $1,720
3rd trade
buy - Feb 01 @ 0.31
sell - Feb 21 @ 0.50
result - +61% = $2,769
inconsequential (incon) trade - Mar 21/25
4th trade
buy - Mar 30 @ 0.39
sell - Apr 18 @ 0.59 / 0.52
result - +51% = $4,181
5th trade
buy - May 02 @ 0.54
Man I wish I really did this because I’d be pretty happy right now. Anyway, life isn’t that simple. Of course I do due diligence, I follow some social media, although I find it thick with too much comment. I also utilized all the time frame MacD’s as well as other indicators to get a good overall and specific picture when choosing a buy in / sell out.
Therein lies the basis of the concept.
So where now XLM ?
Well the 5th pretend trade is active. I believe we’ll see another uptrend ossilation with the high perhaps 0.90 or maybe even that elusive yet shinny penny man.
My thoughts, not advice Oklah. Cheers
For the last three years I’ve been trying to figure out a trading strategy that works for me. You see, I don’t have five big computer screens showing me the actual electronic pulse of crypto space that I can glue myself to. I got a job. I cook in the house. I try and go fishing occasionaly. I don’t want to be fretting and worrying about a trade I make. Nor do I have time to be “on it” all the time. What to do says I.
Then a postulation. What if one just traded following the MacD 1 D dots.
I was giddy with excitement.
Could this be a concept? Could this allow me to trade oh with ease on my shoulders and good sleeps at night. Lets us use the last XLM MacD 1 D wave that started November 07 and SEE if this concept could actually work.
To even make it more for me, I’ll just admit up front that I miss the lower buy dot and the upper sell dot by 1 day. You know, because I have a job, and gotta cook and fish once in a while. I also roughly estimated the purchase price on that day to keep math simple. Let’s use an initial invetsment of $1,000 so it’s easy to see where we end up.
1st trade
buy - Nov 07 @ 0.08
sell - Dec 05 @ 0.16
result - +100% = $2,000
inconsequential (incon) trade - Dec 19/21
An inconsequential trade is basically an in and out. It has no great effect on the outcome so I didn’t include them in the math. I show them because they happen. Fortunately, there are only two during this time period.
2nd trade
buy - Jan 06 @ 0.33
sell - Jan 18 @ 0.29
result - - 14% = $1,720
3rd trade
buy - Feb 01 @ 0.31
sell - Feb 21 @ 0.50
result - +61% = $2,769
inconsequential (incon) trade - Mar 21/25
4th trade
buy - Mar 30 @ 0.39
sell - Apr 18 @ 0.59 / 0.52
result - +51% = $4,181
5th trade
buy - May 02 @ 0.54
Man I wish I really did this because I’d be pretty happy right now. Anyway, life isn’t that simple. Of course I do due diligence, I follow some social media, although I find it thick with too much comment. I also utilized all the time frame MacD’s as well as other indicators to get a good overall and specific picture when choosing a buy in / sell out.
Therein lies the basis of the concept.
So where now XLM ?
Well the 5th pretend trade is active. I believe we’ll see another uptrend ossilation with the high perhaps 0.90 or maybe even that elusive yet shinny penny man.
My thoughts, not advice Oklah. Cheers
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.