198 Matching Annotations
  1. Jan 2019
  2. www.at-the-intersection.com www.at-the-intersection.com
    1. I mean it's just a pain to go in and I'm used to it now, but to go in on, you know, the different exchanges and each one has, has to be input different whether it's be typed in manually, whether you have to switch back and forth to look at the order book and Gemini or where you can copy and paste from below in Bittrex
    2. hey have those auto ones where you've got to sit in there and manually type in however many digits. One of the other things that bothers me about Binance is they don't allow you to copy and paste a number because a lot of times like say for instance in Bittrex, and I'll get to them in a moment, is that they, uh, allow you to basically look down sell and ether and I can look down at the bottom of the previous trades and I can just select that revenue from the old trade in bitcoin and just copy and paste that straight into the buy side and then buy back, you know, ether, uh, hopefully one point, oh, something or one point something
    3. Yeah. Are you guys going to have a feature to put like a watch list or something? I think that might be something that would be a pretty useful on both the APP and, and uh, your website because if you, since you do have the coin market cap style, um, market page you guys had, since you guys are accessing more coins than what I would think trading view has, then that could solve one of the phone issues where like I said, I'm using two apps now trading view and bloc folio and I don't like block folio, but like I said, they had some of the coins
    4. awesome. Maybe like 100 trades back or something because I've run into that same issue on some of the other sites. Even the exchanges themselves, despite being bittrex being such a shitty place to trade, they actually do a good job of leaving, you know, 10 pages of 10 trades each or something on there for you to look. Which is nice because I do find a lot of people or an algorithm will place a really big sell order and an immediate buy right after, at the previous limit. Um, say a sell order for 100 coins and then a one person, one percent of one coin. Or point 01 at the buy order back. So it gets hidden and the candles may show up green. But if you're not looking at the order book, you're going to miss that.
    5. Um, the one thing I did want to see some more of is like under your portfolio, uh, when you're going through the, you know, the rebalancing, the correlation and the optimization, um, would just be some more information about, okay, here's how we did, um, are efficient frontier. Like here's the calculation we used. I know it's one basic calculation, but there are different parameters that people can use in them based on the risk above. So just having more general research on there, just saying, or maybe a link to another page that explains like, here's the calculations that we're using. Here's the portfolio theory, with the correlation index, you know, so setting that up, just showing people some math behind it.
    6. No, I started the research, read a little bit about algorithmic trading in looking at different strategies, but I have not developed anything. Just just been researching, reading more about how people do..what Indicators, you know, people are using. Although most of the research I've been doing and one of the books I read was on the equities or algorithms, but they're all based technically so you can interchange markets within them. You just have to tweak whatever your strategy is to match what, what particular market

      talking about algorithms

    7. The goal is just to accumulate, accumulate, accumulate, and then the next cycle, you know, I'll have some fuel to trade back to btc because the end goal of the game is always collect as much bitcoin as possible.
    8. So the changing of the rules is, is kind of screwing with it, but I track it on a coin base and then I look at, you know, at the end of the month or end of the quarter or something, Say I traded a hell of lumen and I made a killing on lumen
    9. So it's part of my strategy. So I'm not trying to concern myself with the day to day price of where the overall thing is going. I'm more concerned with how do I capture more of this market move and just increase position.
    10. when I get up in the morning, I'm looking at my phone. I'm mostly just taking a quick glance at percentage moves. I want to say hey, something new, five or more percent or you know, whatever my threshold may be proved coin or maybe I'm, I something that I traded the night before. Maybe I, I'm looking at that specific price for first thing, like is it time to buy or is it time to sell more?
    11. The other big issue is the fact that they're changing trading taxes on it. So now it's a fifo system for last year versus you could do like kind exchange in the year before. And so I'm keeping track bringing over those original cost basis is from the last, previous year to the new year is just so much easier on an excel sheet. I'm very transparent. It's, it's a pain in the ass and I hate to do it simply will not trust a one of those websites. I mean there's too much variance in literally I put a put tried two different websites.
    12. And of course bitcoin is still number one that coined it has the best blockchain. Never any downtime survive for 10 years. Everything is going well. That means a lot. And I think a lot of the smart traders know that and investors know that. MMM.
    13. nd we've seen a certain number of coins persist and survive over the years over multiple market cycles. We've seen ripple, bitcoin, ethereum, Bitcoin, I don't know, maybe not cash, but anyway, the ones that have been around for a long time are there. They're underpaying. Their technology is good. The there blockchains have been continuing without hiccups for a long time.
    14. Like I'm definitely, sometimes I'm obsessing over the ticks if I think this is a really important zone, but then sometimes I step step back and clear my head and I gain a lot of clarity from that. So I'm kind of in like an in between phase where it's also as a full time trader. I literally have all day I can do, I literally have the luxury of just watching every tick and putting in that screen time
    15. So I followed that. I followed this one trader. He has 100,000 followers on twitter. He's just scalper uh, margin trader on Big Phoenix. Amazing. Gives amazing videos. Incredible. Uh, I follow him a lot. Um, I guess my style would be most closely to his, I think then definitely Rsi.
    16. But also up there is a horizontal support resistance lines. So that's huge for me. Um, classical charting patterns, you know, you're a rising ledge, falling with head and shoulders, et Cetera, are huge.
    17. I'm also trying to start writing this book about crypto trading. I'm trying to market it, or the intended audience is intermediate to advanced traitors because I feel like there's not a lot of literature out there for that. It's mostly like bitcoin for dummies, bitcoin trading one on one. It's going to be beginning or stuff. And I only know of one book that's for intermediate to advanced and that's an old coins, an old coin traders handbook.
    18. eetups. I'm trying to really go to meetups and meet other people and I feel like during the bear market, the quality of the meetups really increases because the people that are actually really interested not just for the price before everything else are showing up.
    19. But then on finance where I'm seeing a rare opportunity with an old coin and I'm much more finicky and flaky with all coins because I know they can crash fast, I'll be in it like either Internet, yeah. In and out, like at least three times a week depending much more active in.
    20. no, and I was talking to her at the meetup and find it very useful to see all my accounts on these three exchanges on one screen. I don't want to have to log in to each one separately and keep track of how much coins I have on each. I would rather see this on one screen every morning. I pull up the screen easy to see. I don't necessarily need to trade from that screen, but I can just an idea of what holdings I have because I'm constantly rebalancing.
    21. So that's what I, that's why I had many exchanges, but then it became a hassle to manage and like anyway, I profited off that that was good. But in 2018 when it, when it became a bear market, that same strategy didn't work. And just because there was just the overabundance of coins, new coins, and they weren't blowing up like they used to. So I was like, why am I keeping all of this bitcoin scattered across diff or ether or rather scattered across different exchanges?
    22. Yeah, I mean I get a daily email to my email called, what is it called? It's, I think it's called the unbanked you NBA Ntd and yeah, it is. And basically it's just like a rundown of like daily crypto news and I just kind of scroll through and just quickly if there's anything important I'll just dig deeper, but I just got a quick cursory overview of market news
    23. Yeah. Use this tax software called Queen tracking tracking. I haven't been there in awhile, but that's how my to do list. But yeah, I basically, this is what I allow the API keys to get. They, they do read only and they allow them API act, read access to all my exchanges
    24. During the night they did a stop run and just sniped me and then I'm out and I wake up and I should be in profit, but I'm not. And it's something I would've seen if I was awake. Um, but that's a huge limiting factor. Um, well, I mean, when I'm out with friends, I want some mobile app because you need that like access on the go. If you are a full time serious trader, you know, holding on kind of, it's a marathon and you're always on.
    25. Okay. Yeah. I mean it all kind of depends on if, I think it's like a pivotal point in the, in the market where like I need to act. Um, because I typically during those times where it's like, wow, this is make it or break it. If we tip over this resistance line, it's farish if we bounce off, it is bullish. During those times I'm really glued to the screen and like actually looking at every tech and reading the level two in the order book and just trying to understand the push and pull of the market forces.
    26. Uh, also treating, you seem to have this multi charts optionality option where you can show hr it's four to a whatever charts on one screen. They, um, they have seem to have like more advanced tools. I would say like now that I'm better at a ta and I know it more, I can, I have access to more options. MMM. They also show, I don't think when did she does this, but I know trading view shows, uh, equities and for acts and commodities. Like, sometimes I just want to pull up the chart and just see what it looks like.

      Once he understood technical analysis, he was able to appreciate the multi-chart tools on trading view

    27. Um, yeah, it was definitely a on twitter before I really understood what ta was. And I would see people post all these charts and I would always just be taking their word for it. And you know, people post different types of charts and different layouts.

      discovered coinagy through social media

    28. Okay. Yeah. I would say the, I'm not a super technical engineering person, but they would have to give some arguments or get give in their marketing, whatever it is. They'd have to prove to me, give me a good idea that they've thought of every attack, route, attack, attack vector and this safe. And unless someone comes into your house and logs on your laptop and steals your whatever key, it's going to be safe.
    29. Yeah, so I, for I first started with trading you and I pull up a trading. You have this option where you can split up the, uh, you can have one screen yet show eight different charts.

      trading view*

    30. And so I basically, this trade has been, I've been following this chart very closely. I shorted around one 50, made a good, good profit off that and then kind of did initiated a very short, long because there's a descending triangle and I'm very close to that base kind of same concept as bitcoin. Just looking at the triangle.
    31. Yes. Experience is so much people, I talk to people now, people at varying skill levels with various experience and crypto and they, a lot of them are just saying like, they're just losing interest at these prices and this is exactly what was happening when I went through in 2011, 2014.
    32. say like, I feel like I've seen experienced the macro cycle trends in crypto. I was too young and inexperienced, really understand what was going on then with the, with the tops and the bottoms. But I feel like that is a great, uh, a perspective that I had and uh, I feel like I can better understand the market cycle emotions and to see where we are now

      profile

    33. I really try to focus on technicals cause I mean, yeah, the technicals is, is supposed to be representative, at least from an historical standpoint of the sentiment, right? Like if it's, if it's losing, if people are losing faith in it, then you'll probably see where did it go down? You'll see the price get affected by it. Um, and I tried to just trade on that. I try to minimize my sources all over the place.
    34. If I, if I enter an individualized trade, I'll put my targets in there manually. Um, three commas does that as well because it allows you to put in your targets, which is great cause it, you know, it auto sells it for you and then you can go back and look at it.
    35. Uh, and then I will pull the trigger on a trade if it meets, you know, x number of indicators that justify me entering into a position that the cards are stacked in my favor. If I do not see, uh, uh, trade that meets the qualifications that I've kind of listed or if the overall market is not in a place where I think I'm comfortable entering into one, I don't need to trade that day. I'll start my day by looking at it to see if it makes sense to be looking to trade that day. But if I come to the conclusion that it doesn't make enough sense, I'll just stop looking at charts for the rest of the day and I won't, I
    36. Uh, sure. So in simple terms, I focus on following a three steps. It's just planning, acting, and reviewing. So the first step is actually going through analyzing a potential trade or figuring out how the overall market is, I guess before I even look at doing individualized trades specific to crypto. So that's going to involve looking at trading view to see how charts look from a weekly down to an hourly basis. And then I'm going to be looking at daily volume levels for Bitcoin to start. And then if I'm looking at other cryptocurrencies, then I'll start to look at their volume as well to see if there's activity, if there's buying interest or selling interest in a specific asset, um, to just make sure the liquidity meets, um, my thresholds for wanting to get into a trade. Then once of use various tools to basically identify a potential trade, then I will basically figure out what the risk to reward is going to be for that trade.
    37. uh, Discord is the best and telegram. Those two. Sometimes people will do their own members area by using like click funnels or something like that. Discord is the easiest because you can separate channels. Um, and it's free. Uh telegram. I've like specific groups just because they've built in functionality that usually triggers by phone or at least more as from an notification standpoint. Where sometimes it gets lost in Discord
    38. market. I'm around for the purchase so it's usually at a price point where I can put it in the limit to just get it at the price immediately, or if I think it's going down or it'll eventually trigger it so I can capitalize on more fees that way. And then market, I'm just very comfortable
    39. Well, it's a lot easier to manage my portfolio now because I'm mainly in cash (or cast) positions doing individualized trades. So my main outlook is nothing within crypto is worth holding during a bare market until we actually have a clear turning point by reaching specific price points that I've, um, you know, accepted as indicators that we're turning a corner. There's no reason to be holding a depreciating asset and assets a very loose term.
    40. So depending on where you're trading, you could put more emphasis on where the other, when when you're doing fundamental analysis on a stock, there's a lot more information going into that, you know, potential company valuation. Um, whereas I would argue most cryptocurrencies heavily lack fundamentals at all.
    41. ns tax. Um, so I have a tax accountant that will help me and I think most of the exchanges have some type of data dump download. I'm not overly concerned with it. It might be a little messy, but I specifically moved here so I didn't have to overthink it. I know I don't have to pay any tax on it. So, um, okay. Yeah, that was my solution
    42. And then if I'm looking at other cryptocurrencies, then I'll start to look at their volume as well to see if there's activity, if there's buying interest or selling interest in a specific asset, um, to just make sure the liquidity meets, um, my thresholds for wanting to get into a trade.
    43. And from a charting perspective, by being able to argue both cases, there were signs or indications it was going down. But long story short, the person was using and volume indications from a global standpoint that actually know which countries were on board, at least from a volume standpoint of where the direction of quite would like we'd go. So that was a data point that is normal. Charting would not have told you there was not an creating your energy. That was the main indicator that kept them, uh, from Hong Kong and they actually look to shorten that position and we're going to have to capitalize well. So if they're doing or whether it's trade.
    44. or that we're looking out for. Would need us to watch after a trade or to be looking out for a trade. Some of them have signals, like targets for traditional markets. They might have just mentioned, hey, if someone's running the group, they might've mentioned, hey, this is a point where I'm looking to enter short. Uh, so tell where they're looking to essentially place to stop, um, crypto groups Okay. Okay. Yeah, yeah. Okay. Uh, either injured but stop here. And then yourself targets are one, two, three, but it's less structured traditionally.
    45. Uh, yeah, I'm in a few groups. There's a couple of the crypto focused, uh, the also have been just, I wouldn't say [inaudible], but have put more emphasis on, you know, since we're technical traders, there's a reason not to take advantage of, uh, the market opportunities and traditional as they pop up. So we've been focused mainly on just very few inverse etfs to short the s&p to short some major Chinese stocks, um, doing some stuff with, uh, oil, gas. And then there's some groups that I'm in that are specifically focused on just traditional, uh, that are broken up or categorized by what they're trading.
    46. Uh, I've been switching more into equities. Uh, may, may just be because some of the, some of the groups I'm involved with in a lot more of the reading I've been doing lately is just trying to capitalize inverse etfs. It's about 25% equities first, crypto, but then shifting more towards the equity side. And I'm going to have to go through a rebalancing to figure out what the proper percentage I want to be in that market is, uh, in case we really take it down, turn here in the next three months.
    47. I've never used their charting once because it's not going to be to the level that trading view would be or the level of coinagy and coinagy pulls its trading or as charting from trading view.
    48. And then if the market completely dives, um, my stop losses are market orders and carry the limit orders, which I've seen a lot of people get burned on, especially when there's a massive drop, you the 6,200 drops or btc down to the, you know, 5,000 level and then the 4,000 level and obviously now like the 3000 level, um, you can get caught in a bad situation pretty quickly depending on how weighted your portfolio is in those assets.
    1. trained

      The author also uses this word alot to suggest that technologists have not been trained to think about the cultural aspects of what they produce. My question is how do we start this journey to training people to do this? In my research I believe that focusing on localized vs. universal design may be one approach to this.

    2. Peoplein many walksoflife tend to focus on thetangible,technicalaspectofanypracticalproblem,and then to thinkthattheextraordinarycapabilitiesofmodemtechnologyought to leadto anappropriate'fix'.

      Agreed. Great summary. A good example is an hci project that explored an approach to alleviating effects of sexual assault in kenya that turned out to actually harm women more than they do good. The project built a "kiosk" where women could come "privately" speak up about their encounters but what happened as a result was that women felt an increased amount of shame (both internal and external from their community members). Need to find this study to share!

    3. Themore general meaning of the word,however,can beequatedwithtechnology-practice,which clearlyis notvalue-freeand politicallyneutral,as some people sayit should be.

      I'm a bit confused about which stance the author is taking here. They begin by giving examples of how technology can be considered neutral but there was never really a turn in the argument....

    4. creative

      The author uses 'creativity' alot in this paper but creativity in itself is quite loaded. There are many different types of creativity (Boden 1992) such as p-creativity and h-creativity. P creativity says that creativity is novel to the agent who produces it. While H creativity says that creativity is novel based on the society. I bring this up to say that as this paper discusses technology practice and the possible neutrality of it, it is important to understand that there are still agents that are influencing this definition of creativity.

    5. Oncethisdistinctionisestablished,it is clear that although medicalpracticediffersquitemarkedly from one country to another, medicalscienceconsistsofknowledge andtechniqueswhich are likely to beusefulin manycountries.

      The author defines "medical science" as pertaining to the doctor's personal values and ethical code about his vocation, then goes on to say that this science consists of knowledge which is useful in many countries. This in itself is a contradiction, even though the author tries to defend it in the next sentence about biases. Based on the author's definition, culture is a huge part of 'medical science'. How can one then claim that it is independent of local cultures?

    6. it is the same machine

      It is the same machine that was created for a purpose. That purpose itself evolved based on the context it was in. But there was still a foundational purpose.

    7. This is theargu-mentwhichstates that technology is culturally, morally and politicallyneutral-thatit provides toolsindependentoflocal value-systemswhichcan be used impartially tosupportquite different kinds oflifestyle.

      I agree and disagree with this. In agreeance, it is true that depending on the culture of society, the technology will have different impacts and may be used differently by the people of that culture. However, technologies can not be unmarried from being politically, culturally, and morally driven/influenced because they are created by people and organizations who themselves are not neutral.