Best Trading Strategies

Short

Medium

Vs

Long term trading

Dollar cost average

Links with unit 8

SWING TRADING:

◦ Less time – short term trade

◦ Stops Forex

◦ Short-term swings can stop you out of trades

◦ Both technical and fundamental analysis

◦ Capture a percentage -capture a breakout in price

◦ Chart, analysis, or patterns are used for swing trading (breakout trading) volatility “look for”

◦ Rectangle breakout -stop loss- swing in market means you take a percentage of

◦ Required is discipline

◦ Use I days or “hours” chart

SCALPING

◦ INTRA-DAY TRADES

◦ Open trades for minutes to hours

◦ Watch screen

◦ Trade off tiny movements

◦ Requires LOTS of time

◦ Potential short-term profit

◦ Extra opportunities on top of long-term trades

◦ 100’s of trading opportunities

◦ 5-8 day moving opportunities

◦ Every CAMSTICK is avg. 15 minutes

◦ The lines in chart is a way to move which is ultra short-term

◦ Dollar cost average

◦ Long-term strategy meaning you don’t care how much you just put in money

◦ Research other cryptocurrency you’re invested in not interested in short term

◦ Project people does it have a great future is an added question

◦ Investment not a trade

◦ MENTALITY IS THE BIGGEST INVESTMENT

◦ NO MATHEMATICAL

◦ LOW COST, loss of stress

◦ Use I-Day chart

Chose how much you want to invest and split it off example $200,000 to invest put in $500 worth of bitcoin which could lead to $14,000 in BC.

◦ BITCOIN CHANGES

◦ DONT WORRY ABOUT TIME AVERAGE PRICE which IS DCA: $2,500 investment, (0.05 BTC) $2,513

LUMP: $2,500 investment in August (0.05 I BYC) $2,561

GET IN EARLY IN INVESTING

SKILL AND KNOWLEDGE TAKES TIME AND EFFORT

Market limit and stock orders order book explained … >>>>>>>>>>

◦ Open market in cryptocurrency

◦ Buyers and sellers open orders they want to make public

◦ Big orders will only show some

◦ Don’t tell everyone your business

◦ Only show small trade

◦ $1,000-20,000 is your business

◦ People and traders are SELLERS >> BUYERS buy bitcoin

◦ Group of sellers high buy, buyers buy low

◦ VS

Best bid is the one who pays the most US Dollars

Don’t quote price the whole time

Example: Price 4868 with crypto the big numbers change percentages 4864 next bid down

Best bidder and best seller >>>

Ex: Last trade was a buyer 4869.