1/ Timed stops are a special kind of stop loss I use in day trading. I learned it in #forex, but it works equally well in #crypto.

The concept is simple. If your trade doesn't hit X% in X hours, you close the trade.

Sounds arbitrary? It isn't. Here is why.
2/ -- TIME & LOSSES --
You will need to track your trades methodically in order to calculate a timed stop.

If you do, you should analyse your past trades to see if you find a pattern between run time and losses.

There are a few things worth calculating.
3/ -- TIME & LOSSES cont --
How long on average are your wins open for, and how long on average your losses open for.

Traders often find that on average, wins are quicker than losses.

If so, you can calculate the tipping point at which a trade is most likely to be a loser.
4/ -- TIPPING POINT --
The tipping point is a point at which a trade is most likely to lose.

For example, you might find that if a trade is open longer than 5 hours without hitting target it is more likely to hit your stop

There are always some outliers but averages matter.
5/ -- TIPPING POINT cont --
If over the course of 100 trades, trades that run longer than 5 hours have a 70% chance if being losers, it makes sense to set a timed stop at 5 hours.

This 5 hour number might not apply to you. For you, it might me 1 hour or 100 hours.
6/ -- TIPPING POINT cont --
You need to calculate the tipping point based on your own data.

This is not arbitrary or a guessing game. You need to look at your actual trades to see if you can find a tipping point.
7/ -- GOING DEEP --
You can go even deeper in your data analysis and try to find patterns, like a trade doesn't move 50% of its way to target in 3 hours it has only a 10% chance of working out.

Then you know if a trade hasn't moved 50% of its way to target, it's best to close it
8/ -- BUT SOMETIMES WINNERS TAKE TIME! --
What's important is averages over 100s of trades. Using a timed stop means you'll close some winners early, but if you avoid more in losses than you miss in winners, it's worthwhile.

Doesn't hurt to calculate it.
9/ I will share more on day trading in 2022 and share day trades in Discord.

β€’ β€’ β€’

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More from @LadyofCrypto1

3 Jan
1/ #Crypto can be made easier with the right tools.

These are the tools me and my team use on a day-to-day basis to make crypto easy.

If you have some tools you use. Share them!
3/ -- RESEARCH --
BSC scan and ETH scan are good for checking holders. Replace the contract address in the URL with the token you want, then click the holders tab.

bscscan.com/token/TOKEN-AD…
etherscan.io/token/TOKEN-AD…
Read 9 tweets
2 Jan
1/ $LUMEN is a very exciting micro-cap on ONE. You can buy it on defikingdoms!

βš”οΈ 7m market cap
βš”οΈ #Metaverse real-estate (huge in 2022 imo)
βš”οΈ #NFT & #PlayToEarn
βš”οΈ No VCs to dump πŸ‘€

Not financial advice DYOR.

@TranquilityCity #Play2Earn #P2E all the buzzwords lol
2/ -- TOKENOMICS --
15m hard cap
5m circulating

Read up on tokenomics here

docs.tranquilitycity.one/ecosystem/lume…
3/ -- WHERE TO BUY --
It's listed on the @DefiKingdoms DEX, you can buy using $ONE.

It's a bit of a process if you are unfamilair with the dex. Here is a step-by-step.
Read 5 tweets
29 Dec 21
1/ Volume analysis on $BTC is often useless and misleading.

Here is why.

- Volume is calculated per paired crypto/currency.
- Volume is calculated at an exchange level.
- More exchanges the less accurate the data. #Bitcoin #CryptoAnalysis
2/ -- HOW ITS CALCULATED --
Volume is calculated at an exchange level, which means that the volume indicator differs from exchange to exchange.

Volume on #Binance may be different to #Gemini or #Kucoin. Gemini's clientele are predominantly Americans, Binance bans Americans.
3/ -- HOW ITS CALCULATED cont --
The difference doesn't stop at nationalities. Each exchange targets different levels of investors and appeals to different types of traders.

It makes sense that BTC volume will differ between exchanges.
Read 9 tweets
26 Dec 21
My calls since being on CT. I may have missed some. I excluded a few good ones to make the list shorter.

Mostly #Metaverse, #PlayToEarn and #GameFi in there but a few #layer1 and #DeFi.

All verifiable from my tweet history 😘

Killing it, here is to an even better 2022!
If I missed any losers or winners let me know!
$DARK roughly break-even
Read 4 tweets
24 Dec 21
1/ $DIO @decimated_game is the BEST crypto game I've seen. It's launching on Huobi Prime List #Launchpad

In development for 4 years and it's listed on Steam πŸ”₯

Use my Huobi link if you want bit.ly/lochuobi

Log in then click DIO button

#metaverse #PlayToEarn #GameFi Image
3/ Huobi prime list has a lot of good launches. I am going to try nab some from there. It is a lottery system though, so allocation is not guaranteed. ☹️

The game looks amazing though!
Read 4 tweets
24 Dec 21
1/ As 2021 draws to a close, I think it's fun to look back at some of me WORST performing #crypto trades of the year.

2021 has been a life changing year for me, but it wasn't all wins all the time.

I took some truly disastrous trades, and here they are.
2/ Let's start with the right shit show that was $BUNNY. Mix a dash of incompetence with a lot of $BTC crash, and you've got a recipe for -99%.

That is 5 figures I'll never see again.

Even if it rises from the ashes, it won't rise back to 500 from its current 1.20. Image
3/ $SLP isn't bad, it's part of the $AXS #metaverse, but man did I cock this one up.

I thought 1 by EOY was realistic and here we are at .03

I also didn't take partial profit when I should have. Serves me right for breaking rules. Image
Read 8 tweets

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