How I Became a Profitable Crypto Scalper

CREATE A BYBIT ACCOUNT (THE EXCHANGE I USE):
✅ Low trading fees ✅ Best Exchange 2024 ✅ Up to $30000 Sign-up bonus
The link above is an affiliate link. Use that to collect the bonus.

WATCH MY TRADING COURSE (100% FREE):

SEE MY TRADES IN REAL-TIME 24/7 (100% FREE):

JOIN MY CHAT GROUP ON TELEGRAM (100% FREE):

USE MY AWESOME TRADING FEATURES (100% FREE):

OFFICIAL SOCIAL MEDIA

Remember that trading with leverage is very risky and you can lose all of the money if something goes wrong. Do your own research and trade at your own risk.

-----------------

** DISCLAIMER **
Please be advised that I am NOT a financial advisor and nothing that I say is financial advice of any kind. What I say is just my personal experience and therefore, the content of my media is intended FOR GENERAL INFORMATION PURPOSES not financial advice.

Trading Bitcoin and cryptocurrencies is VERY risky, that's why, if you don't know what you're doing, you might lose ALL of your portfolio. Make sure you are aware of the risks before you start trading. Be extremely careful if you're not already an experienced trader.

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Purchasing cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. Past performance does not indicate future results.

This information is what was found publicly on the internet. This is all my own opinion. All information is meant for public awareness and is public domain. Please take this information and do your own research.

Some of the links above are affiliate links where I get a commission for users who sign up using my specific link.

----

Music by: Streambeats / Harris Heller
Music by: Epidemic Sound

Joel on Crypto

[JoelonCrypto]

*_CREATE YOUR BYBIT ACCOUNT HERE:_*
✅ Best Exchange 2022
✅ Low trading fees
✅ Get $600 FREE after deposit

The link above is an affiliate link. Use it to collect the bonus.

[michaell.]

Btw I am testing your strategy with small amounts of money (<10$) and I found that the most difficult part is to define the entry point on 1 minute MACD indicator. So I played with some settings and other indicators and figured out that for me 3 mins MACD works better together with confirmation on stochastic rsi. When stochastic rsi shows overbought/oversold conditions and MACD is starting to show columns smaller than previous ones I take a position after checking the order book. Will be really glad if you can comment on this idea.

[ScottH]

It’s great to hear that you still see this strategy as being profitable. I feel this is the best crypto scalping strategy I have ever gone across 👍

[dwar]

Appreciate the info on high fees when a trade is lost. I could not work out what was happening. Thanks mate

[wilcurran]

Hey Joel.. just wanted to say a huge thanks for the calculator at winrate!!!! Love that little tool so much.

[FromthisInstanceOn]

The beginning sounds like me. lost all my money, didnt have a system, played when there was no trend.. with high leverages the fees cancel you out. playing with small amounts now as i cant afford to throw money at it anymore. This strategy makes a lot of sense.

[amerrashed]

Awesome man. Bybit not only has the lowest fees but also the fastest & most intuitive platform out there!

[backpackersstudiobd]

The only (perhaps) honest person in cryptoSpace. Thanks a lot!

[lebufgc]

Thank you for honesty! I started trading last 3month and so far i am in loss!!! Good to know this methods!!!

[thecryptolounge]

Good Video bro ! clear about the risks, im having issues to control, but im trying to manage myself, i understand where your coming from. You got 10 years of expierence! keep safe

[ivanvan]

your losses are also bigger because you keep trading with your growing capital, forcing you to have bigger wins to compensate for the losses... For day trading it's better to trade with the same amount every time.

Your site also doesn't take the order of losses-wins into consideration. For example a W-W-L will not give you the same results as a L-W-W.

Day trading is more profitable if you divide your porfolio account into several amounts and trade with the exact same amount every time. That way even a negative W-L ratio can be profitable. Combine this with a good risk management and a good strategy and you're good.

[kzeus]

I m from Turkey and I m watching you you make very nice videos.

[dhruvgupta]

Hey Joel, what happens with the 80000% challenge?

[WPGinterceptorInterceptor]

starts at 02:08 your welcome.. thumbs up

[aceofspades]

THIS IS REALLY AMAZING MAN !! JUST SOMEWHERE I NEED A BIT MORE CONFIDENCE !!!

[bigboi]

I'm in the UK, apparently there was a ban on crypto derivatives here, is that true? and will I ever bee able to trade derivatives?

[avdhootchavan]

Please make a detail video on market book 🙌🏻

[Anirban]

nc vd..make a video on how to read order book...

[MPlain]

solid stuff
i have a small collection of MAs.
Volume and structure are everything.
In the beginning i could literally pick the point where market flipped. i would buy... it would go up a bit and then crash dive. or i would sell and it would go down a bit and blast off. I got very good at this losing trades. And yes, i won enough to keep me interested in reading the market this way. A losing way. So... how did i react to the losses? Well. i started recording every trade and my reasoning for trading. And i started looking at the losing trades. and my notes of what i saw going on and my reasoning for the trade. So. extensive notes on what i see in the market and why i took this bum trade. I noticed a pattern. And then i realized that i could filter the losing trades into winning trades if i waited a little bit and allowed the market to run a little bit first. Today i always wait an M5 candle before trading. Always.
I look at what the 5 M1 candles do. and then i decide to ride or wait more.
Yes... i will take trades on move one. I have no higher high or lower low...just a clear reversal. BOS with retest is ideal.

In trends. Pullbacks to MAs is a very profitable way to trade. Price will hit and reject the MA only to revert back to trend.
But which MA? Which time frame gets respected? This is why you never trade a live candle on anything below H1. and why you use M5 and M1 to show you structure. The perfect trade is seeing a higher high and a higher low get formed or the reverse. Be warned if you see more then 2. If you see 3 the market may be thinking about reversing so considering looking for a reversal is frequently a better play then following the trend that might very well be at it's end. for now. lol. What is a trend with a pullback on H1 is a trend with a reversal on M15 perhaps...certainly M5 will create an opposing trend which is of course the pullback on the higher time frame.
Read this like a book. What is it telling you?
H4...H1 are your set up time frames to trade M15...M5.
M1 is noise. use this for structure information and sniper only moves...not the go to chart to watch.
Having 5 minutes to decide will save your ass from the speed trading mistakes made on M1. Just switching to an M5 chart can make you profitable rather then a loser. not kidding. Patience pays. Thinking it out pays.

[Frdayphl]

Hey! Can you make a video on how you use/ what you look for in the order book when entering a trade?