[Journey]Cryptocurrency Trading starting from $1000

[Deleted member 1070817]

i know nothing about trading but your journey has me tempted. wish you all the best. which books / video tutorials would you recommend for a beginner? i know all the risks that come with trading, im just interested in your opinion on where i should start

 

[aa33030]

Sent you a pm

 

[55trillion]

so tempting ....

if you had 10k on it you would be over the thousand mark already...

doing well.

Thanks for following my journey.

Money management is the key to success in trading , trading is always tempting no matter crypto, stocks, index or forex but you have to control all feelings and emotion in trading.

i know nothing about trading but your journey has me tempted. wish you all the best. which books / video tutorials would you recommend for a beginner? i know all the risks that come with trading, im just interested in your opinion on where i should start

You can start learning trading from babypips they have free tutorials for beginners. All the best.

 

[55trillion]

Sent you a pm

I will reply for your PM questions here only so that others also get some knowledge.

1) Which indicator(s) are you using?

Few years back i tried thousands of indicators and always failed. There is no Holy grail indicator or system for trading, because market don't know about any fancy indicators Now i trade only pure Price Action and i use moving averages sometimes to determine the trend.

2) How many pips do you have your take profit and stop loss set to?

This differs depending how volatile the instrument is and liquidity, BTCUSD pair have high spread so normally SL is 300 and i always trial SL. Normally i don't book profit, market will hit my trial sl.

 

[55trillion]

Fresh long @ 8200 with Stop loss 7900
View attachment 97664

Added 1 more @ 8300 with same Stop loss @ 7900

 

[eWebmaster]

Definitely, A thread for me to watch.

I like to start my trading journey.
Do you recommend any good course for a beginner in trading?

 

[55trillion]

Definitely, A thread for me to watch.

I like to start my trading journey.
Do you recommend any good course for a beginner in trading?

No particular course to mention but as i mentioned before babypips have a free course for beginners, forexfactory have many systems and a nice place for traders for discussions

 

[55trillion]

Added 1 more @ 8300 with same Stop loss @ 7900
View attachment 97703

Stop loss changed for both positions. SL @ 8000 now. {total 200 points less risk}

 

[MisterF]

This was phenomenal post

Unlike all yours which are pure spam.

 

[55trillion]

Stop loss changed for both positions. SL @ 8000 now. {total 200 points less risk}
View attachment 97719

Both SL hit

 

[55trillion]

Fresh buy 2 lots with SL 7900

 

[55trillion]

Fresh buy 2 lots with SL 7900
View attachment 97764

Both SL @ 8300

 

[55trillion]

Fresh buy 2 lots with SL 7900
View attachment 97764

Both SL @ 8300
View attachment 97789

Both SL @ 8450 now

 

[TeslaFan]

H

Both SL @ 8450 now
View attachment 97796

How much money have you made/lost?

 

[55trillion]

H



How much money have you made/lost?

You can find it just by checking 1st post and last post.

 

[TeslaFan]

You can find it just by checking 1st post and last post.

I'm a bit slow. I see 1000 euro on the first post and 8000 something on the last so you made over 7000 Euros? Sorry if I'm missing something. And if that is true congratulations.

 

[55trillion]

I'm a bit slow. I see 1000 euro on the first post and 8000 something on the last so you made over 7000 Euros? Sorry if I'm missing something. And if that is true congratulations.

I started from 1000EUR, till today made 102.18EUR profit.

 

[55trillion]

Both SL @ 8450 now
View attachment 97796

Closed 1 lot @ 8875

 

[W9go]

I started from 1000EUR, till today made 102.18EUR profit.

interested as well .. are you reading daily - day trading ? or you hold positions as well for some time ?

 

[55trillion]

interested as well .. are you reading daily - day trading ? or you hold positions as well for some time ?

Spreads are too high to day trade so i am holding for average 2 days.