I quit my job to do full-time crypto-trading. Made 12 BTC profit last month

[Mark_R]

Hey. I'm Mark. Shortly about myself: quit my major job to earn my way by trading and it exceeded my expectations. What I got from it that everything is possible, guys.

Here will be the deals I make, some of the stuff to continue the learning curve and anything I found interesting to share with you.
Disclaimer: None of this is financial advice, do your own research, share and earn.

[ 12 years in trading, 4 years in crypto trading ]

Here's one of them:


Each deal is a piece of art



Follow me on Twitter to keep up with the latest trades, get price analysis and other trading hints:
https://twitter.com/MarkRobTrades

Goodluck, i saw many people who quit their main job to trade and failed when Bitcoin pump.
I think one of the reason that make you different is "12 years in trading".

That is a story of rather 2017, yeah. I always warn people to analyze their opportunities and skills. Even after 12 years in trading, it took lots of time and effort to quit the job.

[Mark_R]

Your daily analysis is good for newbie traders and for occasional traders. I dont think quitting your job for trading is a good suggestion to give to anyone at this moment. The market is too volatile and alts are impossible to trade.

It states more for the fact that everything is possible. No way I motivate newbies to quit their jobs, my suggestion is to keep studying and moving forward

[Mark_R]

Hey. I'm Mark. Shortly about myself: quit my major job to earn my way by trading and it exceeded my expectations. What I got from it that everything is possible, guys.

Here will be the deals I make, some of the stuff to continue the learning curve and anything I found interesting to share with you.
Disclaimer: None of this is financial advice, do your own research, share and earn.

[ 12 years in trading, 4 years in crypto trading ]

Here's one of them:


Each deal is a piece of art



Follow me on Twitter to keep up with the latest trades, get price analysis and other trading hints:
https://twitter.com/MarkRobTrades

Goodluck, i saw many people who quit their main job to trade and failed when Bitcoin pump.
I think one of the reason that make you different is "12 years in trading".

I respect the decision of the OP but luring advertisements also try to attract the new traders with false promises. Nothing personal but the achievements of OP can be motivational for the novice traders and they can suddenly wake up with idea of quitting their daily job. The consequences are known for everyone and hope they will think twice before accepting such a dangerous decision.

The answer is above. What I'm trying to show is that with the hard-working attitude and experience over time you are able to achieve a lot. Even if now you cannot imagine it

[Mark_R]

Appreciate everyone for support and feedback. Let us survive in this market and profit from it.

[Mark_R]

The price on a large scale remains in a long-term bearish channel since the beginning of the summer.
It seems to continue fluctuating inside it. I'm rather bearish, even regarding short-term bullish impulses. till the upper border breakout.

[Mark_R]

Have you ever realised that trading is very tempting?
Fear and greed drive you all the time
Many times overconfidence makes you rekkt
When you can't accept being wrong about the market, this results in huge losses
But if you manage to survive, keep on moving forward

[Mark_R]

While the market stays flat, it is still possible to earn.

Opened a long trade at $7200 after the rebound from support line. Currently, already closed a half of the position ($7350).
The next target is $7800, but in case of the price consolidation will close it today.

Your actions currently and thoughts on this crazy market?

[Mark_R]

This is that trade I was talking about
Just closed a half. Waiting $7800 target to be achieved

[Swordsoffreedom]

Mark_R, do you have a stop loss set for the other half of trade that is still active? Where do you think it would be wise to set it? I'm thinking $50 bellow your green line so at the moment this means $7460. We are very neat the green line right now so let's wait a few more hours and see if the trend line holds or breaks.

[Mark_R]

Mark_R, do you have a stop loss set for the other half of trade that is still active? Where do you think it would be wise to set it? I'm thinking $50 bellow your green line so at the moment this means $7460. We are very neat the green line right now so let's wait a few more hours and see if the trend line holds or breaks.

Hello mate!
Yeah, I have a stop (actually, I do have it always). Approximately at the level you've told. But I closed the trade according to my time limit - too long fluctuations at the same range, do not see sense currently.

[rez303]

Hey. I'm Mark. Shortly about myself: quit my major job to earn my way by trading and it exceeded my expectations. What I got from it that everything is possible, guys.

Here will be the deals I make, some of the stuff to continue the learning curve and anything I found interesting to share with you.
Disclaimer: None of this is financial advice, do your own research, share and earn.

[ 12 years in trading, 4 years in crypto trading ]

Here's one of them:


Each deal is a piece of art



Follow me on Twitter to keep up with the latest trades, get price analysis and other trading hints:
https://twitter.com/MarkRobTrades

wow, how could you do that? Can you share more about your experience in trading? Actually I'm a new trader and everything for me is messy now. I am practicing trading and this has been going on for a month but I still have nothing but a confusing failure. So I want to ask, when you decided to give up your full time job, what did you do first to learn trading? Read lots of books or practice on demos a lot? I would love to hear your feedback. Thanks for reading my comment.

[Mark_R]

Hey. I'm Mark. Shortly about myself: quit my major job to earn my way by trading and it exceeded my expectations. What I got from it that everything is possible, guys.

Here will be the deals I make, some of the stuff to continue the learning curve and anything I found interesting to share with you.
Disclaimer: None of this is financial advice, do your own research, share and earn.

[ 12 years in trading, 4 years in crypto trading ]

Here's one of them:


Each deal is a piece of art



Follow me on Twitter to keep up with the latest trades, get price analysis and other trading hints:
https://twitter.com/MarkRobTrades

wow, how could you do that? Can you share more about your experience in trading? Actually I'm a new trader and everything for me is messy now. I am practicing trading and this has been going on for a month but I still have nothing but a confusing failure. So I want to ask, when you decided to give up your full time job, what did you do first to learn trading? Read lots of books or practice on demos a lot? I would love to hear your feedback. Thanks for reading my comment.

Hello! Glad you eager to enhance professionally!

Some sources to start trading with:

Arthur A. Merrill:
"Behavior of Prices on Wall Street",
"Bear Market Characteristics".
Toby Crabel:
“Day Trading With Short Term Price Patterns and Open Range Breakout"
Murphy, John J.:
“Technical Analysis of the Futures Markets” - MUST
Edwards and Magee Boston:
"Technical Analysis of Stock Trends"
Wilder, J. Welles.:
“New Concepts in Technical Trading Systems”
Dr. Elder.:
“Trading for a living”
Larry Williams:
“Long-Term Secrets to Short-Term Trading”

Also while trading make sure you comply with risk and money management. This is sometimes even MORE IMPORTANT than trading strategies. Be sure you can keep your earnings safe and multiply them. I often face the problem when talented traders because of it.

As for the trade at the screenshot, it is Larry Williams price action strategy (there are several such patterns). Btw, I often use this strategy in my trades

Talking about my experience and decision, I started from the traditional markets trading (already 12 years in it). Reading, demos of course. I have some friends in hedge funds, so they were sharing the experience. Forums, meetings, etc.
Then I moved to crypto. 4 years already. Here I mastered the skills, specifically money management. Earned a lot on margin trading (the advice here is not to use risky leverages - I use 6-8 max)

Good luck!

[Mark_R]

Just closed a short trade with 80 points gain. Opened at the strong support breakout.
For now, the next bearish targets I see are the $7100 and $6800 level.

[Swordsoffreedom]

Just closed a short trade with 80 points gain. Opened at the strong support breakout.
For now, the next bearish targets I see are the $7100 and $6800 level.

I had a short too, opened at 7316 but guess what, my position closed tonight because of this f*cking move. I had a stop buy at 7360 and what happens, a spike to 7400 for just a few minutes and straight back down to 7100. Who is joking with me? Anyway I'm thinking of going Long now but waiting for the move to 7200 to confirm my vision.

[fabiola!]

i like how consistently you are practising only one trading system and you have become expert in that ,  i think this is what full time traders need to become a expert in one trading system

[Mark_R]

The price is experiencing interestig scenario.
On one hand, the overall sentiment is bearish with the importent levels of $7100 and $6800. This is almost a triangle pattern that implies the strong impulse afterwards.
On the other hand, the price still consolidates. Thus, I cannot exclude longing from about $7100 lvl with short stop.

You guyz?

[Mark_R]

i like how consistently you are practising only one trading system and you have become expert in that ,  i think this is what full time traders need to become a expert in one trading system

Indeed.
Well, you need to be a full expert in your system, but the adjuctments (in complexita and the ones related to market structure changes) are as much important as your strategy.
Also personally I do not explude experiments!

[Mark_R]

Just closed a short trade with 80 points gain. Opened at the strong support breakout.
For now, the next bearish targets I see are the $7100 and $6800 level.

I had a short too, opened at 7316 but guess what, my position closed tonight because of this f*cking move. I had a stop buy at 7360 and what happens, a spike to 7400 for just a few minutes and straight back down to 7100. Who is joking with me? Anyway I'm thinking of going Long now but waiting for the move to 7200 to confirm my vision.

Oh I feel you.
Thinking of longing as well at around this lvl. But the confirmation is needed. And also the stop is to be short or even at breakeven.
So keep in touch

[Mark_R]

The price experiences the consolidation again that implies the further impulse. Currently, the direction remains unclear but inside the consolidation there is a kind of double bottom pattern
Expecting the crowd to lose as it usually happens.

[Mark_R]

Being for several month in declining channel (yellow) currently the ETH price is forming and descending triangle that is a bearich sentiment signal.

Planning to open a short trade at a breakout confirmation. Waiting carefully.