50 Cent - Get Rich or Die Trading - The Ultimate Beginners Guide

[azhariejaya]

thank you very much sir for this ultimate trading guide for beginner, i have subscribed your youtube channel and as a new trader i'll learn much from your video. hope i will get much profit someday after learn this guide

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[coinsontheroad]

I feel like every time I learn something new about TA I am much more confident in my trading strategy and possibility of success.

You're video on candlesticks was highly informative and has given me a new tool to use in trading. Thank you again!

[philakone]

Many more are being created. Please enjoy.

Video 1 - Tutorial Part 1 - How to customize and set up Bitfinex

https://www.youtube.com/watch?v=ortLTCAL-1A

Video 2 - Tutorial Part 2 How to Analyze Candlesticks Charts with Strategy

https://www.youtube.com/watch?v=WQTu8ed6X1U

Video 3 - Tutorial Part 3 - How to use moving averages with strategy like a boss

https://youtu.be/JttIpSuYAsA

Videos will be released almost daily. I also do tons of Technical Analysis on our favorite coins like OmiseGo, EOS, and more.

Some other video series of mine
- Daily Technical Analysis on OmiseGo, ETP, IOTA, and more
- Starting with $200, how to turn $200 into $1,600 in 16 days. All trades recorded live, narrated.

These are educational videos intended to teach how to think through thought-out rationalization.

Follow me on Twitter for some awesome play-by-play TA.

Twitter - https://twitter.com/PhilakoneCrypto

Get inside my brain guys. I have all the material to help you all succeed.

[philakone]

Iota Nov 10 Technical Analysis and Price Forecast, Elliot Wave and Trend Line

https://youtu.be/ClFUrqaQtBs

What makes me different than most TA you'll see, is the depth I describe everything and how much you may take away from the analysis. Give it a shot.

I do TA on lots of coins every day while explaining in great detail. What makes my TA different is I explain everything in full detail for beginners and advanced traders.

It's important to share what we think and pass it on. Be open-minded. Constructive criticism is appreciated in a positive way, though negativity, hatred, and rants, aren't healthy in life.

I cover in detail  technical analysis, Elliot Wave, with price forecast and especially risk management.

Follow me on Twitter for some awesome play-by-play TA.
Subscribe to me on YouTube!

Twitter - https://twitter.com/PhilakoneCrypto

[goodoboy]

Thank you so much philakone for your hard work and taking the time and effort to help us newbies get a decent start.

The most important thing you said was back test whatever strategy you want to use, sim, then live.

I currently been sim trading BTCUSD, but would like to add 2 more markets for study incase one is too choppy or stale

May I please have some help as I am bit new to cryptocurrency market, but not new to TA study?

Questions please:

1. Do you use Bitfinex as your chart analysis and broker as well to day trade all 3 coins?

2. For now, I work a full time job, and I use MT4 mobile (at work to watch the charts every hour or so) and desktop app (at home) with SimpleFx as my broker. What timeframe do you recommend for my case? I was thinking of just watching the 1 hour chart once per hour for long buy and sell swing trades.

3. What stop loss do you recommend if starting with $200 - $300?

4. Do you have a video on how to increase lots size as account balance increase?

5. Do you recommend trading with coins or just deposit cash in the account? Like you, I don't care about buy and hold forever.

6. I plan to manual back test a few methods over the weekend. Do you have a spreadsheet you use to determine if a strategy is profitable?

7. Do you back test by or some type of market replay software?

8. After backtesting, how do you make the decision if a strategy is profitable, decent drawdown, or worth going sim/live with?

9. How many trades do you use to have statistically confidence in a method?

9. Do you know of app that can alert when EMA crossover occurs?

10. What are you thoughts on programming and backtesting a bot for testing ideas?


Thank you kindly for help

[flowpify]

Thank you so much, this guide is pure gold! Couldn't have dreamed of something better!

[philakone]

https://steemit.com/bitcoin/@philakonecrypto/bitcoin-cash-bch-november-10-technical-analysis-targeting-usd1-073-plus

Bitcoin Cash Analysis Target $1073!! Check out why!

<3 you all.

[Shishir99]

I think it will be very helpful for a new trader.
Everyone will get these techniques of technical analysis on yotube  but the most important part is controlling emotions.
Which is very easy to say but very hard to do in real.
So new trader or everyone have to control emotions specifically to say greediness.

[fishfishfish313]

Wow.  What a great post.  Thanks for this.

I trade every day, but sometimes I over complicate it.  I have bookmarked this to come back to whenever I start to feel, "lost"

These are awesome strategies that anyone can employ to make money by trading.  And not just crypto either.  That's the cool thing about it.

It's time to put the lines back on my MACD indicator.  I was using MACD primarily to find divergences, but I lost track of just how important the lines are, especially when they cross.

I came across this from a post you did on the BCH ANN.  Spot on TA!

Cheers!

[illusioNiZt]

Very detailed and nice guide for beginners will follow and subscribe you, nice tutorials and really useful content.

[Hunt_777]

https://steemit.com/bitcoin/@philakonecrypto/bitcoin-cash-bch-november-10-technical-analysis-targeting-usd1-073-plus

Bitcoin Cash Analysis Target $1073!! Check out why!

<3 you all.

Wow man, You really hit it. How did you do that? Hope I have same brain with you man. I'm sure, you partying now...

[johnstexas]

https://twitter.com/PhilakoneCrypto/status/930152314001911808

[goodoboy]

The best advice I can give to anyone is to back test your strategies. See if they would've worked on previous setups.

Thank you,

What is your :

1. Method for back testing a strategy?

2. How many trades do you backtest?

3. What profitability stats do you recommend to calculate to show the odds of strategy being profitability in the future?

Thanks

[Xfactor06]

Very helpful thread, as a newbie its really hard for us to dive into this kind of activities. I'm doing this as part-time but as soon as i'll more from your videos i'll be thinking if i will go fulltime.

[Jesper30]

Very helpful guide, thanks a lot! But your article about the mindset https://steemit.com/trading/@philakonecrypto/the-trader-life-the-difference-between-success-and-failure-a-harsh-reality is more valuable for me.

I'll start trading in April next year, until then I like to watch your channel. I wish you a lot of fun an success!

[philakone]

Tutorial Part 1 - How to customize and set up Bitfinex
Tutorial Part 2 - How to Analyze Candlesticks Charts with Strategy
Tutorial Part 3 - How to Use Moving Average with Strategy
Tutorial Part 4 - Let's Learn Relative Strength Index RSI with Advanced Strategy
Tutorial Part 5 - Let's Learn MACD and Histogram
Tutorial Part 6 -Let's Learn Margin Trading - Bitfinex Trading Crypto - Long, Short, Leveraging
Tutorial Part 7 - Let's Learn Basic Risk Management
Tutorial Part 8 - Let's Learn Fibonacci Retracement Part 1
Tutorial Part 9 Let's Learn Fibonacci Extension Part 2

https://www.youtube.com/playlist?list=PL5brTFluwn1nV0uuSZQtEIKjdb1wuzr0s

If you enjoyed this video, please like, subscribe, follow, share, upvote, on YouTube, Twitter, Steemit. If you specially liked it, please donate Tequila to Luna's cryptocurrency fund.

Please always remember we trade using probability and not all trades are winners. We manage our risk with stop losses and try to win over time. Those that don't understand this, and expect only to having winning trades, will always lose money over time.

Twitter - https://twitter.com/PhilakoneCrypto
https://www.youtube.com/user/philakone1

[Aigan]

This thread really helps, for beginners in cryptotrading like myself. Bookmarked this thread.

[CryptoConnoisseur]

Thanks OP for the guide really enjoyed it and it gave some great insight nice videos too their really informative I had to sub

[Paecga129]

Tutorial Part 1 - How to customize and set up Bitfinex
Tutorial Part 2 - How to Analyze Candlesticks Charts with Strategy
Tutorial Part 3 - How to Use Moving Average with Strategy
Tutorial Part 4 - Let's Learn Relative Strength Index RSI with Advanced Strategy
Tutorial Part 5 - Let's Learn MACD and Histogram
Tutorial Part 6 -Let's Learn Margin Trading - Bitfinex Trading Crypto - Long, Short, Leveraging
Tutorial Part 7 - Let's Learn Basic Risk Management
Tutorial Part 8 - Let's Learn Fibonacci Retracement Part 1
Tutorial Part 9 Let's Learn Fibonacci Extension Part 2

https://www.youtube.com/playlist?list=PL5brTFluwn1nV0uuSZQtEIKjdb1wuzr0s

If you enjoyed this video, please like, subscribe, follow, share, upvote, on YouTube, Twitter, Steemit. If you specially liked it, please donate Tequila to Luna's cryptocurrency fund.

Please always remember we trade using probability and not all trades are winners. We manage our risk with stop losses and try to win over time. Those that don't understand this, and expect only to having winning trades, will always lose money over time.

Twitter - https://twitter.com/PhilakoneCrypto
https://www.youtube.com/user/philakone1

What can I say? Amazing stuff and it is great that people like you are trying to help others learn how to trade and not just steal their/our money, because I am sure you could if that is what you only wanted to do.

[Mi5h0]

Great job! Good resource for beginners.
Thanks for sharing!