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

[dominos]

I'm just really interested and have a few questions to OP @Mark_R
How is looking your trading stats up-to-date in terms of ROI? Do you trade something else other than cryptocurrencies? Do you trade only with technical analysis?

[KCL257]

Hey Mark, love the pics brother, keep them coming!!

[Mark_R]

After halving event, BTC experienced an increase, however, the price didn't manage to continue bullish trend and entered a downwards channel proved by bearish impulse (after ascending triangle pattern).

tiny image host

[Mactrading1028]

Nice Gains ! Also Having a trading tool can help you gain more profits, check out HyperLinq, their app Hypertrader is in beta so free to use and they have a strong presence in discord as well.

App Info: https://hypertrader.app
Discord: https://discord.gg/JsgvfUQ

[cryptosandy]

Hey bro  I would like to say that trading and earning this much profit with this simple strategy 😂😂I think then every one would be millionare...!!

[Mark_R]

Hey bro  I would like to say that trading and earning this much profit with this simple strategy 😂😂I think then every one would be millionare...!!

Hello! Wel..  I'd say that a lion share of the strategy is risk management strategies built-in to this
These are the techniques that act in complex with money management and so (earlier posts), but still they are a base for earning 

[Mark_R]

A war of trends won! And got stuck for a while
Managed to catch bull rally?

The double bottom finally became a starting point for the downwards trend breakout

[Mark_R]

I'm just really interested and have a few questions to OP @Mark_R
How is looking your trading stats up-to-date in terms of ROI? Do you trade something else other than cryptocurrencies? Do you trade only with technical analysis?

Hello! Sorry. Missed ur questions/
Will post the profitability chart this weekend or monday
Currently I trade BTC and ETH futures on Bitmex mostly
Also Binance and Binance Futures (BNB, BTC)

But I have a 12 years experience of trading in traditional markets. (Still trading)

Do you trade only with technical analysis?
Definitely, no
TA + Risk management + Money management
+ software (bots + automated risk management)
Keen also on manual trading 

[Jamesdila1]

Good for you! And nice analysis by the way
I always admire people who want to be independent and these success stories of persons quitting their jobs to do something they love
Personally I cannot do all of that for two main reasons
-not enough capital to start trading big therefore earning big
-not so good at market analysis

But good luck for you and keep up the good work

[Mark_R]

Good for you! And nice analysis by the way
I always admire people who want to be independent and these success stories of persons quitting their jobs to do something they love
Personally I cannot do all of that for two main reasons
-not enough capital to start trading big therefore earning big
-not so good at market analysis

But good luck for you and keep up the good work

What about prop trading? A good place to realise trading skills and get additionsl capital (after you become good in market analysis)

[Baoanhbmt]

 I really admire your success story,  and I'm glad that you're able to make it in crypto trading after quitting your full time job. Many take that route as well, but only few became successful. The opportunity to focus on crypto trading is not easy but if you have the ability, crypto trading will feel easy to profit. Its really hard to give financial advises, but I have said, it's your own decision, best of luck to you.

[mycryptocoin]

Congratulations on making a profit, which very few people in this market do. Trade is a zero sum problem - you will earn money from a loser, the only beneficiary from both is the trading platform. Can you share more trade experiences for everyone to know? For example, using indicators, how to manage psychology in transactions or manage your fund?

[Onuohakk]

It's fantastic you made huge amount from crypto. Congrats!!! Nothing is more sweeter than been your own boss. Only in few months of trading you have made huge profit, just because you aimed your focus right and you do away with unnecessary distractions from your working place by resigning. Those that took you for a joke when you quit your job will now understand your reason behind it

[Mark_R]

The idea of growing open interest (&low refinancing rate) worked. $Btc experienced growth within the channel, but then broken out a lower border of the support (blue) and formed a retest pattern.

[Mark_R]

Congratulations on making a profit, which very few people in this market do. Trade is a zero sum problem - you will earn money from a loser, the only beneficiary from both is the trading platform. Can you share more trade experiences for everyone to know? For example, using indicators, how to manage psychology in transactions or manage your fund?

Yeap, will post more stuff here
As for the additional expertise, I'd say that imo it's important not to pay lots of attention to indices (just an additional part), but to manage money and risks + study psychology. For now I can recommend some articles that reflect many of my principles. Here they are:
Risk management:
https://www.bitinsure.com/blog/trading-insight-why-95-of-traders-lose/
https://www.bitinsure.com/blog/trading-insight-become-one-of-the-5-of-high-achievers-in-trading/
https://www.bitinsure.com/blog/maths-holy-grail-how-to-stay-in-game-with-100-losses-in-a-row/
Psychology:
https://www.bitinsure.com/blog/poker-psychology-in-trading-part-1/
https://www.bitinsure.com/blog/poker-psychology-in-trading-part-2/

U can find some more articles there + I'll give more insights in Twitter. Cheers!

[milandres0207]

If you think that you have enough knowledge and idea about in cryptocurrency in terms of trading,
You are free about what you want to do. But in fairness 12 BTC was a huge amount for 1 month.
I don't know if you are telling the truth or not but still good luck on your decision anyway.

[rodskee]

A war of trends won! And got stuck for a while
Managed to catch bull rally?

The double bottom finally became a starting point for the downwards trend breakout

Sad that i missed that mark,because of this Pandemic made me busy in some important things in life.anyway hope
 many of us Got Luck and bag even at least half of
their capital in trading.How Many of us are now into Good movement of their Folio?because if i am to ask?i am still
 at breaking situation and waiting for even 40% increase before
 selling out all my holdings.

If you think that you have enough knowledge and idea about in cryptocurrency in terms of trading,
You are free about what you want to do. But in fairness 12 BTC was a huge amount for 1 month.
I don't know if you are telling the truth or not but still good luck on your decision anyway.

He should be a PRO in terms of graphing and Estimating thats why He kept gaining even when there are Dumping
recently,things that most of us cannot do thats why
 His skills is really amazing,Imagine 12 BTC in just a month?what more if maintaining this for the whole year?meaning
He can accumulate more than 140 btc annually ?

[Nhor1011]

His skills is really amazing,making profit of 12 BTC in just a month. He has an ability that we don't have. I hope i'll be like him so that i can also earn a lot through trading specially at this covid19  situation. I want to learn more in trading so that i can earn like him even in a dumping of price. But i think it's really difficult for me. Need more knowledge.

[Anish02]

I think you have enough experience to understand the market perfectly. You have been working on trading for the last 12 years and in those years you had learned a lot about the market. Due to such consistently in work had made you able to earn such a gigantic profit within a month. You become an inspiration for traders who are willingly want to do full-time trade.

[carlisle1]

I think you have enough experience to understand the market perfectly.

The way he decide to leave His real work and focus in trading?this is the best way to understand that He is a Good trader and know what he is doing.

he would be one of those elite daytrader that we can rarely found in this market because most of traders here are traditional and can only gain enough or lose more in their trading activities.

You have been working on trading for the last 12 years and in those years you had learned a lot about the market. Due to such consistently in work had made you able to earn such a gigantic profit within a month. You become an inspiration for traders who are willingly want to do full-time trade.

actually many of His kind here are former traders in outside crypto,some are trader in stocks and learned many things before entering crypto market .

Lucky of them but many of us are failure.