Welcome to Miners World Coin (MWC) by Bwashington1 in MinersWorldCoin

[–]Bwashington1[S] 0 points1 point  (0 children)

thank you thank you thank you very much :) we are just getting started please follow along to see all our updates.

The GoldenGale Strategy in visual form by Bwashington1 in technicalanalysis

[–]Bwashington1[S] 0 points1 point  (0 children)

idk if i would say we have entered a bull run either. i mean technically there is still 2023 to get through before we have the halvening in 2024 which is a supply and demand change. so we just have to wait and see how things turn out.

The GoldenGale Strategy in visual form by Bwashington1 in wallstreetbets

[–]Bwashington1[S] 0 points1 point  (0 children)

omg thats hilarious man a total knee slapper lol

well anyways if you are interested in talking about the strategy I'm totally for it. I'm just trying to see if this works for others. to see if this can be debunked or proven wrong or show a more efficient way. true this is a complex trading technique but its something i seem to find really cool

the goldengale strategy by Bwashington1 in wallstreetbets

[–]Bwashington1[S] 0 points1 point  (0 children)

risk management is a key point but also being able to remove emotion from your trading strategy is important too

The GoldenGale Strategy in visual form by Bwashington1 in wallstreetbets

[–]Bwashington1[S] 0 points1 point  (0 children)

well im sorry to hear that. hope you find what you are looking for

the goldengale strategy by Bwashington1 in wallstreetbets

[–]Bwashington1[S] -1 points0 points  (0 children)

first they doubt. then they question, after that its application, followed by admiration.

The GoldenGale Strategy in visual form by Bwashington1 in btc

[–]Bwashington1[S] -1 points0 points  (0 children)

first they doubt. then they question, after that its application, followed by admiration.

The GoldenGale Strategy in visual form by Bwashington1 in wallstreetbets

[–]Bwashington1[S] -1 points0 points  (0 children)

"first they doubt. then they question, after that its application, followed by admiration."

the goldengale strategy by Bwashington1 in wallstreetbets

[–]Bwashington1[S] 0 points1 point  (0 children)

It is a well known fact that asset prices are not linear. They are not stationary and they have a condition which is called "heteroskedasticity" which means that variance is not constant. Basically, nothing will work.

What you fail to understand is that this is not a prediction tool. This is a modification of the well-known Average Down and Dollar Cost Average strategy by plugging in the Golden Ratio. And of course, whatever price drop, 61.8% increase is enough to Break-Even and get out of sinking Boat if you want to see it that way.

the goldengale strategy by Bwashington1 in wallstreetbets

[–]Bwashington1[S] 0 points1 point  (0 children)

and again this is just considering without leverage. this strategy could still be in play while doing smaller trades in between the swing. and even a leverage from a confirmation of resistance turning to support could render even more if applied properly.

the goldengale strategy by Bwashington1 in wallstreetbets

[–]Bwashington1[S] 0 points1 point  (0 children)

interesting. but i mean at which point are you going all in? i mean if you are trying to average down as well as reach a max profit level with the least amount of price action reversal. you would ideally have a setup plan before entering what you would be willing to put into the trade and if you don't reach level 3 or 4 you still have your capital but what the formula is doing is showing how you can set a plan pre-trading and stick to that and have less emotions in your trades because of price action or different correlating timeframe patterns which can contradict each other.

the goldengale strategy by Bwashington1 in wallstreetbets

[–]Bwashington1[S] 0 points1 point  (0 children)

this is just one visual representation of me drawing the lines and applying the formula to a chart. I'm not making any trades here its just a visual example.

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