Killer Short Trade Called By The Logical Trading Indicator
Don't you love it when a plan comes together? I had a great short on BTCUSD futures this morning and scored big on a small leverage trade. I am trying out the new Version 2, on-chain exchange on ApolloX which a leverage trading DEX on BSC. No KYC, but if you are a US citizen, you have to use a VPN. No accounts needed. Just sign in with your Metamask or other Web3 EVM wallet and get to trading!
What's cool about the Version 2 model is that you keep your funds in your wallet! You have to sign every entry and exit, which does cost a bit of gas, so you will need a small amount of BNB in your wallet for that. The exchange fees are 0.08% so not bad at all. I placed only a 10 USDC trade on a short, but ended up with over a 100% win on the trade using 100x leverage, so ended up with over a 10 USDC profit!
The Logical Trading Indicator PRO called it perfectly! I got in just after the sell signal and death cross of the basis and long period moving average on the 1 minute time frame and had a heck of a profit, well based on the amount I put at risk. I could have let it go more, but I hit my take profit point, actually beyond it, and the trade closed automatically.
Being this was the first time I have used this part of the trading platform, as I have been trading their Version 1 order book DEX for some time, I can say I liked it a lot. Not near the slippage and really made for a smooth trade. My favorite part is that I keep the funds under my control instead of having to deposit and withdraw from the version 1 contract. Honestly I have never had a problem with the Version 1 exchange before, and love trading on it, but I really like keeping the funds in my wallet. Just makes me feel safer.
So if you want to try trading on an on-chain leverage exchange where you keep control over your funds, then you should check out the ApolloX exchange and support trading on a DEX instead of relying on a CEX to make your money and report you to the government!
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What platform do you trade using leverage?
I don't have a good platform to take a short position on.
ApolloX on BSC. Been using them for a while and love it.
Oh damn broh! I wish I'd have seen this earlier I want to jump on this trading wagon!
Best thing to jump into is trading education first, haha. Make sure you come at it with a solid trading plan and risk management system, because if you don't you are just gambling!
I'm sure I can risk a 100 usd for "gambling" 🤪🤪
Laughs nah I've been doing some trading but always blind trading and I've had some good luck..or would have if I closed the trades...
I just want to try this signal stuff for a change, i'll grab the pc tonight and have a sit down and see what's going for what with the stuff you shared..
All I need is 10 usd a day... consistently
That’s a goal to start with for sure! I have a free tradingview indicator that could help you out. Check out the Logical Trading Indicator V.1 in the TradingView indicator panel.
I will for sure bud thanks a lot!
I'll be sure to stay in touch😎 these things are way too interesting!
Weird question... any books you'd suggest that is based around trading?
Funny you should ask, 😂 I happened to have written one!
Check out https://logicaltrading.academy
Ohhhhh yeahhhhhhh!!! Thanks a million bud!!
Come and join the discord. Not many people in there yet, but just getting it started really.
I will jump on the PC tonight and check everything out with a keen eye!! See you soon!😎😎
!BEER
Awesome! Let me know if you have any questions!
View or trade
BEER.Hey @thelogicaldude, here is a little bit of
BEERfrom @technicalside for you. Enjoy it!Did you know that <a href='https://dcity.io/cityyou can use BEER at dCity game to buy cards to rule the world.
Okay so the V.1 trading indicator as shown on the page is exactly what it is right? Nothing to download? So when monitoring it I see these green arrows pointing up and red arrow pointing down. That indicates the buy and sell signals right?
Also is the indicator available with any pair? Both crypto and Fiat?
Sorry but I'm not sure what the discord group is xD
Yes, green arrows are buy and red arrows are sell signals. Yep, nothing else to do there. Works on any pair. I use it for crypto and forex myself.
You might want to tinker with the settings on different time frames. It was zeroed in using the 1HR and 15min time frames so feel free to adjust to your liking.
Shot bud! I think I'm going to save up a little and buy the v.2 version of your packet and see what I can make with that!
Keen on those videos you plan to share!
Good stuff! The PRO version is pretty robust for sure. More indicators, filters, and settings. Plus it’s the one that I am still working on so you will get updates as I improve it over time.
Videos incoming this week.
I do have some trouble connecting trust wallet to my apollo account. But if I have another sit down I'll figure it out.
I have never tried with Trust wallet. I generally use Metamask to connect. I have usually have issues trying to get Trust wallet to connect to anything.
I should get a metamask account then
I have found it's easier to work with with most EVM dapps.
I’ll be making some videos this week that talk about how both versions of the indicator works and then later on different strategies that you can use with them.