How to double your small ($250) trading account trading Bitcoin How to Double your Small ($250) Trading Account Trading Bitcoin
I started a degen account with $250 and almost doubled it in 4 days making about 6 trades. This strategy is not Financial advice and I'm only illustrating what I have learnt trading this way. This is the first video in the series and I'll be continuing the series , updating you on progress, winners, losses, my trading journal and some live trading, so make sure to Sub, like comment and share.
I show you how I entered my current trade, where I am looking to take profits and show you my pnl on Bybit.
Not Financial Advice. DYOR. Papertrade before trading with real money.
Hope you have a profitable trading day!
Shawn
Highrisktoreward
US30 LONG AND SHORTI am long for the first phase and waiting for market to short from the marked up area or point of interest.
Sell would only open if there is confirmation of bias after RTOB.
GBPUSD Trading Idea for Tuesday 7/09/21 Trade Idea for tomorrow Tuesday 7/09/21 - My Areas of interest, Fresh 15M Demand Level Below, Choice of as they both have a valid reason behind them ( Resting Liquidity ) Also Potential areas of Supply Above with resting liquidity below. I will always wait for the reaction around my levels and react accordingly when my trade checklist has been confirmed. An Easy 1:5 / 1:10 if I see the reaction I am looking for!
AUDUSD- Going for a 1:37 R/R!Hello fellow traders; time for another analysis w/ SmoothPips
🙏 If you enjoy the analysis please make sure to leave a like and follow; so we can catch these pips together!
❓ What's unique about SmoothFX?
-All trades executed off of the same "strategy"
-Easy to read charts
-Multi Time Frame Analysis
-Learn and Earn experience
-Very high probability
-Experienced
🎯Leave some feedback & let's chat. Always willing to hear other bias'.
📌Remember; markets are moved through liquidity. We will earn more by helping each other.
🤞Please remember not every analysis will be 100% correct. Use your own due dill & discover your own research.
Sincerely,
SmoothPips
<3
USDZAR Long off dynamic trend line and previous untouched low Simple high risk reward trade off the dynamic lows and a previously untouched area of support. This trade could well turn into a nice swing trade if we see a break out of the downward wedge but can look at that if it happens. If I get a close today on the daily below the low then will close the trade.
AUDNZD SHORT NOW!Recently we've noticed a death cross ( 50 EMA breaking through 200 EMA downwards) signaling a bearish trend and the price followed by going downwards to reach a new recent low then it pulled back. Using Fibonacci retracement place a trade on the 50% pullback. Place take profit at Fibonacci level 161.8 and stop loss above the previous high by few pips and thus allowing a good risktoreward ratio. Price action reversing and reaching stop loss has a low probability of happening since 200 EMA of both 4h and 1D timeframe is below stop loss adding more dynamic resistance to the price.
AUDJPY Looks Weak After Strong OpenFX:AUDJPY had a nice run up on open inverse to weakness it showed on Friday. The pair seems to have slowed down on the buy side and I expect to see some sellers come back at these higher price as nothing significant took place over the weekend to cause this run up. I am targeting a 3-1 5.9-1 and a 7.6-1 RR ratio as I expect that the move a very similar (if not the same) to the downside will take place, now also with the potential for buyers to get trapped.
NAKD race to $1.00 due May 24th. You in?Naked Brand Group (NAKD) said premarket Friday that it has been granted a 180-day extension, or until May 24, to regain compliance with Nasdaq's $1 bid price per share requirement.
On that note:
This is definitely a risky swing trade here.
Looks like like pumping began Nov18th, so the question is will this stock make it back to $1.00 without a reverse split? Will it reverse split or will it get removed from NASDAQ/ even possibly delisted?
I am skeptical about this actually reaching a dollar via bull run, but either way I think we can all agree there is money to be made here right?
*Indicators used*
-Zig Zag
-Pivots
-Vol
-MACD
-Super Trend V1.0
*Like if you find useful, thanks!*