Jan 5th 2019, Crypto Chartbook

New Years Resolution – Outstanding Performance

We often get asked how we achieve such great performance in our trading…

Let me take this time of the year to illustrate the principle on which our success if founded on. Confidence – Like the group of people who had positive experiences in prior years follow through on new years resolutions versus the group of people who struggle to do so, results are dependent on discipline. Discipline is nothing but conviction. Conviction comes from experience and the ability to simply work through obstacles until desired results are achieved.

In trading this reflects through having a plan and executing that plan with confidence.

Let us illustrate by examining our last chart book entry:

https://www.midastouch-consulting.com/crypto-chartbook-23122018

We posted three plays EOS, IOTA and ETH besides the market analysis. Watch closely of where we positioned the green entry arrow projected in the future:

EOS daily chart as of December 22nd, 2018

EOS daily chart as of December 22nd, 2018

And you will find that the time prediction is not random (see yellow time bar), but just like everything else nothing is left to chance (it is this attention to detail that allows for profits of in this case 30% in 5 days even so the market went only sideways):

EOS daily chart as of January 5th, 2019

EOS daily chart as of January 5th, 2019

Similar outcome and precision predictability for IOTA (and ETH as well) with a 20% return:

IOTA daily chart as of December 22nd, 2018

IOTA daily chart as of December 22nd, 2018

IOTA daily chart as of January 5th, 2019

IOTA daily chart as of January 5th, 2019

When reading through autobiographical literature of for example outstanding achievements in sport you will find little talk about talent or ability but rather professionals stating that they simply hit that golf ball or threw that basketball a few more times than their competitors.
So there is no secret ingredient, no magical formula or hidden truth but merely us having spent nearly three decades passionately applying ourselves on a daily basis.(and you can follow this process live in our Telegram channel)

All charts timely posted in our telegram channel.

About the Author:

Outstanding abstract reasoning ability and ability to think creatively and originally has led over the last 25 years to extract new principles and a unique way to view the markets resulting in a multitude of various time frame systems, generating high hit rates and outstanding risk reward ratios. Over 20 years of coaching traders with heart & passion, assessing complex situations, troubleshoot and solve problems principle based has led to experience and a professional history of success. Skilled natural teacher and exceptional developer of talent.Avid learner guided by a plan with ability to suppress ego and empower students to share ideas and best practices and to apply principle-based technical/conceptual knowledge to maximize efficiency. 25+ year execution experience (50.000+ trades executed) Trading multiple personal accounts (long and short-and combinations of the two). Amazing market feel complementing mechanical systems discipline for precise and extreme low risk entries while objectively seeing the whole picture. Ability to notice and separate emotional responses from the decision-making process and to stand outside oneself and one’s concerns about images in order to function in terms of larger objectives. Developed exit strategies that compensate both for maximizing profits and psychological ease to allow for continuous flow throughout the whole trading day. In depth knowledge of money management strategies with the experience of multiple 6 sigma events in various markets (futures, stocks, commodities, currencies, bonds) embedded in extreme low risk statistical probability models with smooth equity curves and extensive risk management as well as extensive disaster risk allow for my natural capacity for risk-taking.

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