How to make money on trading? How realistic is this?

How to make money on trading? Do you think about it all the time? Is it your dream to make a living trading? Definitely, it can give you a lot of advantages. You will be able to trade from anywhere in the world, get the freedom to do what you love and will never have to worry about money again. However, if it were that simple

Based on a survey of 500 traders, I realized that many of them faced the following problems:

Lack of trading capital.
The "need to make money" syndrome.
Part-time trading does not require much time. Therefore, you can keep your permanent job and gradually increase your capital. This means that you can use the earnings from your job to increase the capital of your trading account.

In my opinion, this is the secret of making a profit with low risk.

The "need to make money" syndrome often forces you to break the rules of your trading. For example, you move your stop loss, trade out of revenge, average your positions just to avoid losses. You expect to make a profit and do everything possible to prevent losses.

But if you have a permanent job, you will always have a stable source of profit and you will not have to worry so much about money. Even if you have a drawdown for a few months, it's not the end, because your job will provide all your vital needs.

This means that you can focus on learning how to trade and not worry about whether you will be able to pay your bills. Won't this help you become a profitable trader in no time?

What is needed for this? The best trading strategy? Risk-to-profit ratio? The ratio of profitable trades? No. Do you want to know a secret? In fact, it's the frequency of your trades.

If you want to make money every day, you must have a high frequency of transactions. The law of large numbers should work in your favor.

Imagine that you have a special coin in your hands. If an eagle falls out, you get $2. If it's tails, you lose $1. At the same time, you can only flip a coin once a day. Do you think you will be able to earn money every day? Of course not.

Why? Because in the short term, your coin toss results will be random — you can get losses many times in a row.

However, if you can roll your coin 1000 times a day, how will the result change? Now you will approximately get about 50% heads and 50% tails after 1000 rolls — this means that you are guaranteed to earn every day.

Thus, the point here is not in your winning rate or the ratio of risk to profit, but in your trading frequency. This concept also applies to trading. If you want to make money every day, you must have a high frequency of transactions.

By the way, this is one of our employees who earns from $ 300 a day without leaving her apartment.

If you earn an average of 10% per year on an account of $5,000, then in 20 years you will have $33,637. Probably, this figure will seem too small to you.

However, if you trade part-time, you have a job and you can regularly top up your trading account. Let's deposit $5,000 into your trading account every year (which is less than $420 per month).

Again, you earn an average of 10% per year with an initial amount of $5,000 and add $5,000 to your account every year. In 20 years, you will have $348,650. It looks much better now.

But what if you can earn 20% a year? You earn an average of 20% per year with an initial amount of $5,000 and annually deposit $5,000 into your account. In 20 years, you will have $1,311,816.

Will $1.3 million give you financial freedom? Will 1.3 million allow you to retire and have the freedom to do what you love? Will $1.3 million give you peace of mind knowing that you can better meet your family's needs?

How to make money on trading and do nothing?

If I say that there is a guaranteed way to make money on trading and secure a place in the top 10% of profitable traders? You will not need much time for this and in just a week you will see the result. Moreover, this is an absolutely risk-free method that will not require any effort from you. Don't you believe it? Or do you think it looks like a marketing text with the aim of selling some kind of trading system or Expert Advisor?

It 's not like that at all !
I'm not going to give you information that won't be useful at all and it will be hard for you to learn and remember everything
Everything will be in fact and clearly, without unnecessary information!

Scalping is not the easiest strategy for novice crypto traders, but with proper risk management it can bring good results. The essence of scalping is to make a lot of trades during the day to get a small profit of up to a few percent. However, cryptocurrencies are highly volatile assets, and their price can change by 10% – 50% or more within one day. But this carries increased risks for traders, especially beginners.

How to trade
This means that it is important for a trader to determine at least two key parameters: support/resistance levels and trend direction. With the help of support and resistance levels, a trader can determine at what points it is best to open/ close positions. When the price bounces off the lower limit, it is a buy signal, and a rebound from the upper one is a sell signal.

Special attention should be paid to moving averages. The intersection of MA can indicate both a local and a global trend change. The Volume indicator will additionally help to form a picture of the market and indicate bearish and bullish divergence. For example, if the indicator displays red, but it is green on the chart, then this indicates that the strength of the bears is drying up and the price is preparing for a breakthrough.

Another popular strategy among novice traders is trend trading. At the same time, it is necessary to determine in which direction the price is moving at a given time. Trends can be local and global. Global trends are suitable for medium- and long-term trading.

How to understand that the trend is upward
During an uptrend, the price moves like a ladder in a narrow channel and may slightly go beyond it. Moreover, as a rule, each local minimum is higher than the previous one. The same is true for local maxima.

How to trade
So, when you have determined that the trend is upward, it is necessary to identify the key support and resistance levels – we will start from them. Accordingly, the support zone is suitable for opening long positions, and the resistance zone is suitable for closing.

As you can see in the picture, the price of cryptocurrency fluctuates in a narrow corridor. And the local minima and maxima are higher than the previous ones (in the screenshot, the minima are marked with white horizontal lines).

In a downtrend, the signal to start trading will be a breakdown of the resistance level. However, sometimes the breakdown may be false. If the price quickly rolled back after the breakdown and returned to its original position, then this may indicate a false breakdown. At this time, it is better to wait for the trend to clearly manifest itself. We will talk more about the strategy based on the breakdown of levels in the next paragraph of the article.

This strategy is used when a new trend has not yet formed, but a breakout of a key level may indicate its change. During a certain period of time, the price can bounce off the support and resistance levels for a long time.

But sooner or later the market forces are outweighed in the other direction: the price cannot move only in one direction. When the exchange rate rises significantly, buyers weaken and bears are actively involved in the game. The opposite is also true.

How to determine that the trend may change?
When approaching this moment, the amplitude of the price begins to decrease, that is, the price is in a sideways movement or in a flat. A breakdown of the resistance level may indicate the beginning of an uptrend. And before that, sellers are "pushing" the price closer to the resistance level.

One of the characteristic signs of a trend change can be observed when the resistance level practically does not change, and the support level approaches it, closing the chart in the form of some kind of wedge. At a certain moment, a breakdown of the resistance level occurs and the price begins to rise, indicating the appearance of a new uptrend. At the same time, it is important that the price does not immediately roll back to the previous level – this phenomenon is called a false breakdown.

How to trade
There is no need to rush and open a position immediately after the price has broken above the resistance level. It is necessary that the condition is fulfilled: the newly formed support level should not be lower than the previous resistance level. In this case, you can open a long and then trade according to the trend.

Not all trading strategies can be based on indicators, although they may imply their use as an additional tool. During periods of high volatility in the crypto market, there is often a difference between quotes on different exchanges and in different trading pairs. The difference between quotes can reach 5% or more percent.

Types of Cryptocurrency Arbitrage
There are two main types of crypto arbitrage:

Inter - exchange;
Intra-exchange.
Inter-exchange arbitrage works like this:

You buy cryptocurrency on the first platform at a lower price.
Transfer coins to the second crypto exchange.
Sell at a higher price.
At the same time, you need to calculate commissions when withdrawing cryptocurrencies from the exchange and for the exchange. In addition, there are risks that the cryptocurrency exchange rate will change dramatically during a period of high volatility, and you will not only lose profits, but also incur losses. This is especially true of cryptocurrencies such as Bitcoin and Ethereum: their blockchains have expensive and slow transactions that can take up to an hour or more. During this time, the course can change a lot.

Intra-exchange arbitrage involves the use of an intermediate trading pair within one exchange. The course in different pairs can also vary greatly. Example of intra-exchange arbitration:

Exchange BTC to ETH;
Buying LTC for ETH;
Selling LTC for BTC.
It turns out a kind of triangle. In this case, the profit is extracted at the expense of the price spread. As a rule, the higher the liquidity, the lower the spread. But such pairs as LTC/ETH or BTC/LTC are less liquid, so the spread can be much higher, which opens up good opportunities for crypto arbitrage. But with lower liquidity, orders can be executed for longer – this is the main risk of intra-exchange arbitrage.

Hint. Courses on various crypto exchanges can be found on special aggregator services, for example, CoinMarketCap or CryptoCompare.

Conclusion
This is just a part of the trading strategies that beginners use.

There are many equally popular trading strategies based on the Bollinger Band, Fibonacci levels, Parabolic SAR and other well-known indicators.

If you want to learn more about trading, trading strategies and new promising directions, then subscribe to the official resources of Top Traders Academy.

• Which trading platforms should be used
• What should I bet on in what period of time
• At what time is it better to start bidding and at what point to place the coveted winning bid
• How often should I bet so that the site does not block your account
• Which account is needed for a successful start
• I will reveal the secret of our success and share it with those who decide to start earning

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