>using macd + stochRSI on 1hr
>buying when rsi drops below 20 and macd lines converge
>sell at 5-10% profit
>repeat endlessly
who else has some cheat codes to share?
>using macd + stochRSI on 1hr
>buying when rsi drops below 20 and macd lines converge
>sell at 5-10% profit
>repeat endlessly
who else has some cheat codes to share?
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have fun paying ur taxes! AHHAHAHA
How often do your indicators turn against you? How long have you been doing this for? In absolute $ terms how much are you playing with here?
Wouldn't the tax amount be the same since the gains are fundamentally the same, just more transactions?
something something monero, there's going to be ways around this in the future.
my RSI only fails me when a bad event happens to the coin im trying, ie nano bitgrail event, I bought when it was underbought and got dumped on.
I've been daytrading since binance came out so since last summer, started with a couple hundred but now I trade 5k on a minimum swing trade.
Really? Fuck i have to try this. Is that profitable? Like scalping?
Each transaction is taxed separtely, with no regard to each other transaction, only calculating the CG on each trade. Even if you are in the negative overall for the year (reporting a loss), you are taxed for CG just trying to break even.
Not everyone is an Amerifat. And taxes are based on a percentage of profits - you have no reason to ever lose money.
This is literally my bot. Coupled with good position sizing, it's fuck cheat mode.
wow, you have a bot that does this for you? This is literally my job hahah, I might have to look around for a good quality bot like that.