nelson4lov
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May 05, 2024, 09:55:03 PM |
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As someone that has played with Crypto trading via perpetual futures, I can say for certain that there is money to be made and people are making it but it is not as easy as your friend has made it seem. If you jump into trading based off those tiny details your friend told you that you outlined in OP, then it won't cut it. Trading is a skill to be learnt as you can't just throw a few indicators on the chart, cross your fingers and hope it ends in a TP for you. Regarding your friend's experience, not to shade him or anything but for someone with 15 years of experience, I expect his size to be of bigger magnitude, no?
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IceLincoln
Jr. Member
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May 05, 2024, 11:18:19 PM |
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I seen friend of mine use bybit and binance futures. He have experinces over 15 years he make everyday about 100% profit for real i seen he really do i don't know exacly how but he told me He follow yellow MA moving average when long position. Purple MA when short when short he use RSI purple higher and when long he uses yellow RSI HIGHER and he entry usually after stable MA on fourth Candle usually he said that 6-7th Candle Will break out. He using 1 day chart moving average and RSI when taking the long position he put each trade about 500-1000$ so he make decent profit. Im telling this story becouse i seen myself it's all possible to make it constant profits.
Do you know Same ?
You say over fifteen years of experience in making 100 % profit on a daily basis. Bro do you know what your saying? You can’t do that. You say you’ve seen it and it’s working did you apply same strategy, did it work for you?…. This story is probably a Lie or your friend is deceiving you (if he’s not a billion dollars worth). In trading you master strategies and indicators in order to win more than you lose but 100% daily, I don’t Believe you one bit. Maybe you probably posted this to get reactions
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X-ray
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May 06, 2024, 05:18:01 AM |
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well he got 15 years experience for a reason i'd be more surprised if he can't pull that off anyway, but it also combination of experience and mental fortitude that enables him to make that much profit daily. i don't believe if its just depending on TA itself its sometime not really accurate to predict trajectory of the price chart, i mean he definitely already somewhat understand the way the market behaves such as if there's a sudden dip but the buying pressure is high he might put some money in it probably future and make profit from it but usually what caught many trader off guard is probably the flash dips that liquidate future long position in the blink of an eye. though personally i don't really believe that he could consistently pull off daily profit of 100% as you said.
there must be a day when he loses too but the fact that he has been trading for 15 years mean his profit outweigh the loss that he experienced so its a profitable activity for him. i don't know for other people or average person like us probably won't pull off the same thing.
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Bobrox
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May 06, 2024, 08:55:33 AM |
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Usually many future trader hidden with how many time got email liquidation and show us the profitable earned only, I have much experienced in future trading because know the market condition as easily pump and dump in short time. I think OP history seems unbelievable yet how possibilities more than 15 years old experienced in future trading behind feature of this market kinds around last several years ago. Believe or not, all future trader just want to show the profitable only and hidden how many time get liquidation or loss their trading in the future, I think some of them try to sell signal premium and get member payment just sharing the signal of some coins. Get daily profitable in future trading is possible but you have much money and get enough fund to hold margin keep far away from liquidation price, its get small fund for future trading when market crashing easily to get liquidation.
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joeperry
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May 06, 2024, 10:58:52 AM |
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The OP must must have seen a successful trade at that time but it doesn't mean it would go good in the long run, most traders knew that and there's no way it is 100% success rate. Anyway as you've seen he is trading futures and it's actually easy to make 100% profit with a high leverage but also it could easily go wrong, that's the first thing you can remember.
I think the OP just amazed on futures that in a short time span, anyone can earn good profit. But also, there are times that it would not go on what you expect.
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beerlover
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May 06, 2024, 05:34:03 PM |
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well he got 15 years experience for a reason i'd be more surprised if he can't pull that off anyway, but it also combination of experience and mental fortitude that enables him to make that much profit daily. i don't believe if its just depending on TA itself its sometime not really accurate to predict trajectory of the price chart, i mean he definitely already somewhat understand the way the market behaves such as if there's a sudden dip but the buying pressure is high he might put some money in it probably future and make profit from it but usually what caught many trader off guard is probably the flash dips that liquidate future long position in the blink of an eye. though personally i don't really believe that he could consistently pull off daily profit of 100% as you said.
there must be a day when he loses too but the fact that he has been trading for 15 years mean his profit outweigh the loss that he experienced so its a profitable activity for him. i don't know for other people or average person like us probably won't pull off the same thing.
People mistake what is possible and what is probable. A newbie starting leverage/futures and making money right away and getting rich is "possible", because even if it has 0.0001% chance, that means it is possible, but it also means that it is not probable, you winning the lottery is possible as long as you have a ticket, but when you buy a ticket, you don't say "oh I am going to definitely win", because the chances are trillion to one or so, depending on the lottery of course. This is why I believe that we should realize futures trading profits are possible, the more experienced you get in trading the higher chance you would have, but that doesn't mean that it is probable, if you are a newbie then you will not be able to make money from it.
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Maus0728
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May 06, 2024, 06:17:14 PM |
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As much as we love to believe that story, it's too good to be true at the same time which means that it's going to be really hard to prove to do that, unless of course they do some sort of livestream to broadcast and prove everyone that it's really profitable to do futures trading for daily income. They don't need to do some really good set up, just being able to do the bare minimum of letting the people see it and just do their normal operation with futures, the livestream is a good proof too unlike with just a simple screenshot that can easily be doctored by someone with the knowledge to do it in Photoshop.
Fifteen years is a long time but we're all skeptics here, unless you show us the proof that we're looking for, then you might be lucky that we would believe you.
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Zaguru12
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May 06, 2024, 11:07:38 PM |
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As much as we love to believe that story, it's too good to be true at the same time which means that it's going to be really hard to prove to do that, unless of course they do some sort of livestream to broadcast and prove everyone that it's really profitable to do futures trading for daily income. They don't need to do some really good set up, just being able to do the bare minimum of letting the people see it and just do their normal operation with futures, the livestream is a good proof too unlike with just a simple screenshot that can easily be doctored by someone with the knowledge to do it in Photoshop.
Fifteen years is a long time but we're all skeptics here, unless you show us the proof that we're looking for, then you might be lucky that we would believe you.
Don’t bother asking for prove because from the description OP provided on this thread it is definitely a scam. Either OP is the scammer or OP is about to get scammed too. Firstly of all the 15 years experience in future trading on binance and Bybit is not true. Binance was founded in the year 2017, Bybit was founded in 2018 while bitcoin it self which is the first cryptocurrency was founded in 2009. Yes they were trading way before this like forex but its futures weren’t dated that far back. The trader might have a daily 100% profit but I don’t think they can keep the winning up. No trader will assure you of profiting on ever trade, promising every success in all trades is even a way to dictate that the trader is a scammer or liar
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GreatArkansas
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May 07, 2024, 02:43:08 AM |
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He have experinces over 15 years he make everyday about 100% profit for real i seen he really do i don't know exacly how but he told me
Your boy is either lying, or already got delusional with his new strategy thinking that it'll work great forever lol. If he's actually making 100% profit every day (in a long timespan), then your friend should probably be one of the richest people at least in your country. Hahaha. True, it's kinda too good to be true. For me, maybe sometimes he gets profits but every day and always? I don't think so. Trading is really unexpected, even other professional traders are having hard time, even how many years is your experience.
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adaseb
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Up to 300% + 200 FS deposit bonuses
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May 07, 2024, 03:48:03 AM |
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If what he says is true, he makes money because he has experience and knows how to response when his Moving average method doesn’t work.
Those are lagging indicators and they don’t always work. They work great in a trending market. If the market always goes up or down, they work great. But they will destroy you when markets start to trade sideways.
It’s his experience why he makes good money, not his indicators.
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tottong
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May 07, 2024, 05:44:15 AM |
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People mistake what is possible and what is probable. A newbie starting leverage/futures and making money right away and getting rich is "possible", because even if it has 0.0001% chance, that means it is possible, but it also means that it is not probable, you winning the lottery is possible as long as you have a ticket, but when you buy a ticket, you don't say "oh I am going to definitely win", because the chances are trillion to one or so, depending on the lottery of course.
This is why I believe that we should realize futures trading profits are possible, the more experienced you get in trading the higher chance you would have, but that doesn't mean that it is probable, if you are a newbie then you will not be able to make money from it.
It's too good to be true and in fact trading is not easy to do especially if they don't understand it. Beginners are too optimistic and they try to make profits in an instant way, even though in trading there are times when you experience losses and times when you make a profit. Trading has two definite sides and they cannot be eliminated, whether talking about profits or losses. Any strategy will be tried, but there are times when we have to change certain positions. Trading in any form of strategy will make a profit, but the problem is that it cannot guarantee consistency. When we realize this, trading will be much easier to understand. The risk of losing in trading also depends on the strategy we use and trading cannot always provide profits.
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kentrolla
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May 07, 2024, 05:30:31 PM |
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If what he says is true, he makes money because he has experience and knows how to response when his Moving average method doesn’t work.
Those are lagging indicators and they don’t always work. They work great in a trending market. If the market always goes up or down, they work great. But they will destroy you when markets start to trade sideways.
It’s his experience why he makes good money, not his indicators.
Yes, this something which everyone needs to understand as indicators are not accurate and had that been the case then no one would lose trade and moreover people including myself at some point of time starts thinking they can become rich just by using indicators and doing nothing or following signals which is the biggest foolishness and people have to come out of this illusion.
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batang_bitcoin
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May 07, 2024, 10:15:28 PM |
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Unbelievable then he must be rich. If someone has got a 100% winning rate in trading, he'd know the side by side situations of it and that's fair to him to think about it because it's actually hard to trade and win from your trades. The majority of the traders are losing and not winning. The guy has 15 years of experience? so he basically cover stocks and forex markets? @OP did you asked him how much he's making from that $500-$1000 position? or how much usually he makes from that amount?
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Rent this sig space so that BTC goes to $100k.
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Slow death
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May 07, 2024, 10:32:02 PM |
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If your friend can make a profit from day trading every day, then why don't you ask him to teach you everything he knows about day trading so that you can also make a profit every day and you can become very rich, just put a decent capital and start day trading using everything your friend taught you and not withdraw your profits for a long time so that your capital is very high and consequently you are earning a lot of money per day. Think: what happens to someone who has a formula to make a profit every day?
This person starts thinking about increasing their capital so they can make a large profit per day and become very rich quickly, this is something that will cross most people's minds. So why is your friend not rich when he is making a profit every day? Your friend could sell everything he has and put it on trade, your friend could take out a loan to put it on trade, so he has a large amount of money and can make a big profit and get rich quickly. But if I ask you: is your friend rich? The chances of you telling me that he is rich are very low. So why isn't he rich yet?
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Assface16678
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May 07, 2024, 10:35:43 PM |
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Unbelievable then he must be rich. If someone has got a 100% winning rate in trading, he'd know the side by side situations of it and that's fair to him to think about it because it's actually hard to trade and win from your trades. The majority of the traders are losing and not winning. The guy has 15 years of experience? so he basically cover stocks and forex markets? @OP did you asked him how much he's making from that $500-$1000 position? or how much usually he makes from that amount?
I think 100% every day is a little bit exaggerated to OP, but with that 15 years of experience, I believed that his friend really is earning a good amount of profit every day and must be rich right now, but a perfect 100 every day is, I think, impossible because even an experienced trader will also make mistakes or miscalculations unless that is a robot or what, but yeah, I make mistakes or miscalculations unless that is a robot or what, but yeah, I do believe that that person is earning a lot through futures, which is, as we know, a very risky and difficult form of trading. Damn, I wish I could have that knowledge and experience and earn a good amount of money every day. If you are lucky, OP, make him a mentor so that he could pass it down to you all he knows, and it will be a big benefit for you for sure.
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batang_bitcoin
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May 07, 2024, 11:13:15 PM |
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Unbelievable then he must be rich. If someone has got a 100% winning rate in trading, he'd know the side by side situations of it and that's fair to him to think about it because it's actually hard to trade and win from your trades. The majority of the traders are losing and not winning. The guy has 15 years of experience? so he basically cover stocks and forex markets? @OP did you asked him how much he's making from that $500-$1000 position? or how much usually he makes from that amount?
I think 100% every day is a little bit exaggerated to OP, but with that 15 years of experience, I believed that his friend really is earning a good amount of profit every day and must be rich right now, but a perfect 100 every day is, I think, impossible because even an experienced trader will also make mistakes or miscalculations unless that is a robot or what, but yeah, I make mistakes or miscalculations unless that is a robot or what, but yeah, I do believe that that person is earning a lot through futures, which is, as we know, a very risky and difficult form of trading. Damn, I wish I could have that knowledge and experience and earn a good amount of money every day. If you are lucky, OP, make him a mentor so that he could pass it down to you all he knows, and it will be a big benefit for you for sure. I don't get into futures because it's not for me and I can't take the risk that it is providing to the traders there. But I know that people who are earning big with it but they also knew about the risk about it. Sometimes, they're not showing the losses that they're in and that's why being 100% of his winning rate is unbelievable. You know in socials today, people only want to show you their wins but not their losses.
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Rent this sig space so that BTC goes to $100k.
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Natsuu
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May 08, 2024, 02:05:47 AM |
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It’s his experience why he makes good money, not his indicators.
I agree with this. Because with those 15 years of experience, he probably learn a lot about the asset he was trading more than anyone else. It's also not the indicator or its specific settings but how he executes and cherry pick trades. It's a futures trading so it's either you make a lot of money or you lose your hard earned money fast if you don't know what you are doing. It's not just the strategy but the overall performance of your friend as a trader in front of the trading screen.
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Awaklara
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May 08, 2024, 04:49:16 AM |
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I agree with this. Because with those 15 years of experience, he probably learn a lot about the asset he was trading more than anyone else. It's also not the indicator or its specific settings but how he executes and cherry pick trades. It's a futures trading so it's either you make a lot of money or you lose your hard earned money fast if you don't know what you are doing. It's not just the strategy but the overall performance of your friend as a trader in front of the trading screen.
and the long moment that his friend experienced as a trader also required many losses that the OP probably didn't tell about. There is nothing instant in learning to trade. If we have all started trading, we certainly understand the position. how difficult it is to find assets and maintain trading positions. Future trading is not as easy as we see from a professional trader making profits. Anyone who succeeds in making a profit every time in his trading is his hard work in a long process of learning to trade.
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God bless u
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May 08, 2024, 05:28:50 AM |
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I seen friend of mine use bybit and binance futures. He have experinces over 15 years he make everyday about 100% profit for real i seen he really do i don't know exacly how but he told me He follow yellow MA moving average when long position. Purple MA when short when short he use RSI purple higher and when long he uses yellow RSI HIGHER and he entry usually after stable MA on fourth Candle usually he said that 6-7th Candle Will break out. He using 1 day chart moving average and RSI when taking the long position he put each trade about 500-1000$ so he make decent profit. Im telling this story becouse i seen myself it's all possible to make it constant profits.
Do you know Same ?
It's not possible that one can make 100 percent profit on each day of the year. If this was so then he would have beaten Elon Musk in the ranking of top richest men in the world . Yes it's possible that he might have most of its trades as a successful one . This can be done with maintaining leverage and investing good amount of assets. It's not a big deal.
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Stablexcoin
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May 08, 2024, 09:08:07 AM |
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Your friend has just carried out his new strategy for some days and it worked he is now telling you to jump on the train. Don't be deceived by these trades there is no certainty that one could get 100% profits on everyday trade and anyone who tells you that is lying to you. There are days when a trader experiences loss and days when they experience profits. I have not seen a pattern or strategy that works all day.
Do you know there are people who barely trade all day? They trade sometime once or twice in a month and those people follow news and information to trade.
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