If you went to this video, then most likely you want to trade, Nabi, Nancy cryptocurrencies or on some other exchange in this video. I want to tell you what trading strategies exist and what kind of position you should choose in the crypto trading market. You cannot be an intraday trader in internal affairs traders. There swing traders. Now I will tell you what types of trader there are and why it is important for you to choose one of these types. Why? If you do not choose a certain type of trading system trading strategy, then you will always be at a loss. This topic now we are with. We will also consider you, but before starting ahead under the video subscribe to the channel and like the first thing you need to do, we went to the ben once exchange and now I want to tell you why it is so important to choose a trading strategy. You probably personally bought crypto shares for some hi. Ah then you went down like this and then you got upset and sold. Probably you had this, but you know why happened simply because you do not have a trading strategy. You do not know why you buy there. You buy simply because you want to, or simply because someone told you somewhere, if so, write in the comments, and why is it so important to have a trading strategy what it consists of now I will tell you. The first thing you need to understand is what you will trade, what asset class you choose for your trading, it can be alt and from the top 10 it can be alt and of a certain capitalization. It can be alt and certain volatilities it. There must be some class of assets in which you will trade in which you will specialize. If you want to trade everything in a row, then this does not happen and either you study certain asset classes. You understand their system about how they work, what volatility they have, what movements they have, what are their support levels on the market? What are their resistance levels at a minimum? You will know how to manage certain instruments, so we write asset classes. I think that you understand everything. That means this is the first thing now we will figure out why the trading strategy is based on how it is built and then go to the chart. I will show you 3 types of different strategies that traders use in principle on the market. The following is what you need to understand: what tools you will use my oscillator indicators. You will not be able to use all at once. You cannot use magda ero website. Moving averages put it all together on one chart, but we have a chart, go in the tools and click on everything. Just click on click on see everything. Everything see what we do. How are you interested in analyzing? What do you think it is possible to do this Ill? Tell you right away. No, it doesnt work in aggregate all the possible dictators that you will stick out on one schedule. They will give. You know that nothing. If you find a specific strategy, you can trade. Some specific indicators there I dont know the Williams alligator you can trade using wave analysis. You can trade using different divergence and convergence of different volume strategies to understand you. You must first understand which strategies a trading strategy. It can be as separate indicators as a separate pattern and triangles of the head and shoulders. You must understand what strategies you will trade this. I dont know that you should have one strategy. You can trade there. I dont know the triangles using while there I dont know the race could and so on. You have to understand what will specialize in what strategies you will become a professional and really study them, and if you study everything a little bit you just crap, I told you this. You will understand this in a month's time in a year. You will understand it yourself most likely. I am not me, now listen and return to the origins and on rebuild all over again. The following is what you rely on when entering positions on the rune in the market. There are different entry points at which you can enter to fix positions, and you must understand what you will rely on when entering certain positions and where you should exit, for example, someone entered here in short, and here he came out on what did you. He was based on he didnt just poke a finger and went there. He had some strategies that allowed him to get out on something he based on us entry points. For example, how can I argue here here we have a chart. We have a resistance level of 60,000 that bitcoin tried to break through. We have a support level of 50,000 and it happened so that bitcoin could not break through the resistance level sharply. Rebounded broke our support level from the third time and flew down to what I can base did not break through the resistance level. What can be done to enter the short? What can be done yet? The support level has appeared was retest. What can be done with? Do enter the short, then you can do it here with us and tested the support level of 50,000 and bounced what you can do as a result enter the long. You must understand why you will enter any certain transactions. It can be like trading from support levels from entry resistance levels in certain viburnum patterns, wave analysis, bullish, flag, bearish flag, depending on where you enter why there may be some divergence and convergence in long head and shoulders breaking the neck. This can be a huge number of different variations that allow you to move certain to make entry and exit points to what is the basis. You cannot constantly enter and exit simply because you wanted it so much or simply because you saw it like that, you must have an entry and exit strategy, both a trading strategy and a trade entry strategy. If you poke at random, then you will just always fiddle with money.
I repeat the following is: what determines the size, your position? I will explain what it means you have a bank of one thousand dollars, so you still have a dollar how you will distribute this money by entering the position which determines the size of the position more. Why, at some particular moment you have to divide this amount there I dont know by 10 and spend on the position that you will move. Yes, for example, 100 bucks. Why the table? Why not 50? Why not 30, you have to determine what you will use the shoulders. Will you use at all? Do you trade us on the topic with the shoulders trade on the cuff up to 10 leverage up to 5 or you society will also shoulder there? Why? Why should you have it all written down to the smallest detail? If you do not prescribe this, you will constantly lose. Your money does not adhere to the strategy not to trade. According to the strategy, not to comply with your personal conditions leads to a stretch the day. I will repeat this and in the last, what I would like to tell you is the asset class. We looked at the exit point trading strategies and entry. What determines the size of your position? The last thing I would like to say is how you will measure the efficiency of your trade in what it is measured per day, some dish, the number of transactions should be you plus, or there should be transactions per month. Trading efficiency, so we all figured out the effectiveness of trading in what it is measured with some percentage of soums per day per month per week, and you have certain goals that you must fulfill and what happens if you do not fulfill them. For example, you must also understand efficiency.
Or it doesnt mean that you entered the deal and earned money all of you effectively. Efficiency can also be measured in losses. That is, you got losses for some day and you should stop why? Because if you continue most likely because of psychology because of nerves - and you will wipe everything for the effects of scrap, because you will be worried and constantly make deals, I dont remember. According to your strategy, you will get out of the framework of what you have prescribed. You will not act according to the strategy. You will take other assets. You will not be guided by the entry and exit points that you have, which are already pre- formed, which you are waiting for everything that I told why you need a trading strategy from which it is built. This is what we have considered now. Let'S look at been on se. What types of trade are? There are only three types of trade which I want to consider with you more, but we will consider with you. 3 1 is within a day, which means, within a day, within 24 hours. You make a deal and within twenty the same four hours in its close, this concept appeared due to the fact that some foreign exchange markets the stock market. They do not work like a cryptocurrency 24/7. Therefore, people trade, for example, from nine in the morning there until six in the evening, and they cannot trade another time, so they make a deal at this day and on this day I close the same cellar for you only just at the time when you leave The terminal do not trade, you must close the deal. This is called the principle of cinema trading. It is the first as a rule. In day, trading. Five-Minute timeframes are used 15 minutes in principle, everything what to watch, but it doesnt mean you are prohibited from clicking on 4 hours its for one day. Anyway, you need to check all timeframes and look at the whole market situation by now the trend. What is happening now to get the diaper downtrend uptrend are in the channel in consolidation. If you analyze all this, then you move for 15 minutes or five minutes or in general e minutes and watch your entry points and make them and close them. On the same day, take profit or fix losses and go about your business, the next type of trade and the swing trade. It will fight off from weeks to whole months. That is, you find an entry point, for example, on the chart. We we look at the anger, que no son here on bitcoin and let's say you entered a deal here, you didn't close it there. Now a day has passed before you have a few hours. You have a profit there, you go out. No, you wait. A few days months, depending on the strategy you use and on what something based on that, that is, after some time you have to exit. But why come out what should happen so that you go? What kind of profit can you get some pattern from working for? You some goal will be achieved in general. You must understand what needs to happen in order to exit and, for example, on our chart. You went to bitcoin here and made a trade that lasted for three months, and here you go out. Such distances are called St
Ing trade they last from weeks to a whole month. I speak briefly in general now, but the types of trade you must understand: you must choose. You cannot trade there intraday. This is the most stressful trading option, which in general exists the most difficult. Simply because you sit all day to hang out behind the terminal, you are looking for entry points. You make dozens, if not hundreds of trades, which leads to stress with unprofitable trades in a row. You start to perform some stupid actions that lead you to a constant loss. Therefore, you start to lose money swing you understand. Yes, it is estimated up to whole months there. Also trading with a trend is when we have a certain market trend and you are trying to trade it completely. You must understand that trend trading is not used, only technical analysis analyzing different patterns. There, fundamental analysis of coins is also taken into account here. In this situation, just because th o trading, with a trend that can last for half a year 4 months, I dont give a few years. A range can last a huge amount of time. There is here. We will see how long we had an uptrend until the very peak of bitcoin. We will take this point. It plus we have more than a year. It was. The upward trend is also huge, which was a turning point. Damn it only now. We have literally a month ago and before that more than a year there was an uptrend for some reason. It is necessary to be based so that all this time, 7 transactions and to understand when to exit. This is actually very hard work and I am based on it not on the fact that you are constantly looking at the chart. It is based on the fact that you find a really cool entry point based on a variety of different data that you analyzed in advance. Here. It is the work not in the analysis that is daily, but in the fact that you take a long time to get ready to enter this deal, it is possible to average several times and bathe strongly all the time, but then, once you leave Look, this is Probably the easiest way to feel and in general in principle, a beginner's trading is just making a deal at some good level of support, for example, when we have no uptrend not on x and scarlet, and you buy on them and see what happens to the market. This is the most the best way for a beginner to feel in principle and probably the safest in terms of uneven and wasted time, because long trading is a job that takes all the time you have to sit all day and trade with you. We examined trading strategies for what it is needed, why? Why is it? It is very important why, if you do not use it, you will lose money. I think that all of you have understood this. All the fellows have written down and you will make money.We also considered three types of trading that in principle exist on the market. There are also scalping and other other types of trading, but I in general I did not tell for beginners exactly three that are important for you to know. If you liked, With this video, you want to trade crypto and on futures on a downturn, follow the link in the description register on the Ben once exchange and get a maximum 20 percent discount on the trading commission. This is a really cool discount for absolutely everyone. For professionals for beginners so go ahead and register also do not forget subscribe to the channel like this video, and if this video was useful to you be sure to write a comment and see you in the next video