Ideas for Trading Spikes

24 Nis 2018This is, well, an unconventional way of trading, but perhaps the safest and can be very profitable. The ultimate goal is to get a 50% spread if you are trading buy and sell spikes. The safest is to simply set "buy spike" orders and then sell with the trend forgetting about the sell spikes because often times you will get that 50% regardless (if the trend is currently ascending). However, it is very possible to hit a 100% spread when doing buy/sell spikes if you have the patience and are willing to risk it. In addition, this style of trading is best used when ETH and BTC are generally going up as you are gaining regardless if you hit a spike or not (a spike is a very nice bonus though). Lastly, the only way I currently know how to truly find good "spike coins" is to briefly go through them one by one as I have not seen many indicators (besides the one on the chart) to predict these. At current, MDA is the spike king on Binance followed by CHAT, BNT, and ARK. If anyone has a better strategy or indicator they use I would love to know.