My Earning So far This Year Day Trading Crypto (Proof it’s possible) — Transcript
Full transcript
- 0:00Here was my technical analysis. I sent
- 0:01you guys this message on Telegram. This
- 0:02is my secret sauce. And in comes Jerome
- 0:04Powell to screw up my entire life. I'll
- 0:05admit I was panicked. I took another
- 0:07$360,000 in profit. So, if you want to
- 0:08learn how to swing trade crypto like a
- 0:09pro. In this video, I'm going to explain
- 0:11how I made $250,000
- 0:14trading crypto this year. And no, it
- 0:16wasn't luck. No, it wasn't meme coins.
- 0:19And no, it wasn't just blind holding,
- 0:21hoping that the market goes up and just
- 0:24taking profits. This is one of the
- 0:26greatest trades that I've ever made in
- 0:28my entire life. and it is a accumulation
- 0:30of all of my trading knowledge put into
- 0:33this one big bet. In this video, I'm
- 0:37going to explain step by step every
- 0:39single action that I took, every single
- 0:42trade that I took. And if you stick
- 0:44around to watch the whole thing, you
- 0:46will see exactly why I did what I did
- 0:49and how in the future you can use the
- 0:51exact same techniques. All right, so
- 0:53let's get into Bitcoin first because
- 0:55that's where the story started. I've
- 0:57been accumulating Bitcoin for a long
- 0:59time through all the dips, through all
- 1:01the pumps. And at this point right here,
- 1:03at the start of the year, end of 2024,
- 1:06beginning of 2025, I saw something that
- 1:09I did not like. And in order to give you
- 1:11a better background of history repeats
- 1:14itself, let's look back in time at the
- 1:17previous Bitcoin rally and dump. So, at
- 1:20the end of 2020, Bitcoin was sitting at
- 1:22$10,000. Bitcoin then rallied up 780%
- 1:26in 147 days. Then over the next 100
- 1:30days, Bitcoin dropped 50%. Then Bitcoin
- 1:33rallied again for an additional 100 days
- 1:36and went up 133%. Then for the next
- 1:40year, Bitcoin was dropping non-stop and
- 1:44went down 78%.
- 1:46This first rally here all the way from
- 1:49the start of the COVID pandemic. That
- 1:51first swing up was just over a year. And
- 1:53if you know your history, we had a huge
- 1:55market drop at that time frame. And the
- 1:58most recent current massive drop was the
- 2:00FTX debacle. A lot of people lost a lot
- 2:03of money there. So from that debacle to
- 2:06here, we're looking at just over a year.
- 2:08That showed a rally of 372%
- 2:11in Bitcoin. And then over the next 100
- 2:13days, Bitcoin dropped 30%. Then for the
- 2:16next 100 days it rallied again and went
- 2:18up 100%. So because history tends to
- 2:21repeat itself and we can learn from
- 2:23historical pricing we had that rally
- 2:26over a year 100 day drop and then a 100
- 2:29day rally. We had the same rally 100 day
- 2:33drop 100 day rally. So at the end of
- 2:362024 late December of all of the Bitcoin
- 2:39that I've accumulated I sold five of
- 2:41them. Over the next 120 days, we saw a
- 2:44drop of 25% in the price of Bitcoin. But
- 2:47if we shift our focus to Ethereum, we
- 2:50saw a 50% drop in the price there. So my
- 2:53logic and my math was simple on this. If
- 2:56Bitcoin returns to its all-time high,
- 2:58I'm looking at a 45% profit. If Ethereum
- 3:01jumped to its all-time high, I'm looking
- 3:03at 100% profit. So, it was much more
- 3:06intelligent for me to not buy back into
- 3:09Bitcoin, but buy into Ethereum and ride
- 3:12that up for 100% profit instead of a 50%
- 3:15profit. Here was my technical analysis
- 3:17on Ethereum. We were trading in this
- 3:19wedge. We broke out to the top and then
- 3:22immediately dipped back in, rejected off
- 3:25the bottom trend, and then cascaded
- 3:27down. As we went down, I saw a sweep of
- 3:30liquidity opportunity right here. So, I
- 3:33ended up buying a 100 Ethereum at
- 3:36$2,000. Little did I know that Ethereum
- 3:39would continue down, sweeping more
- 3:41liquidity from this area, hitting a low
- 3:44of $1,380,
- 3:46but then over the next month immediately
- 3:48shot back up above my entry price. This
- 3:52is a very, very strong momentum move.
- 3:55And you guys know what I say about
- 3:57momentum moves. Momentum moves usually
- 4:00require you to put a Fibonacci
- 4:02retracement tool on it from the bottom
- 4:04of the swing to the top of the swing.
- 4:07And as price retraced, it hit right into
- 4:09the Fibonacci gold zone, then rejected
- 4:12off of it. Once it rejected off with
- 4:14this huge rejection candle and got up to
- 4:16$2,500,
- 4:18I sent you guys this message on
- 4:20Telegram. Over the next month, Ethereum
- 4:23went up 75%. I saw that we were getting
- 4:26to the top of the RSI in the overbought
- 4:28area, touching the three previous swing
- 4:31highs and knowing that these crazy
- 4:33momentum rallies up do not last forever.
- 4:36As you can see here, this is on a weekly
- 4:38time frame. We had 1 2 3 4 5 weeks
- 4:42bullish right here. 1 2 3 4 5 weeks
- 4:46bullish. Each one of those bullish
- 4:48swings up lasted about a month. So, it
- 4:51would be foolish for me to think that
- 4:52price could continue up after a rally
- 4:54like that. So, I cashed out half of my
- 4:57position. You can see right here, I sold
- 4:5947 Ethereum. I didn't want to cash out
- 5:02all of it because I wanted to let some
- 5:04of it ride just in case it would
- 5:06continue up. Price had a quick
- 5:08correction of 12% and then rallied up
- 5:11for the next 3 weeks. Now, once it got
- 5:13to $4,700,
- 5:16I started looking elsewhere for more
- 5:18confluences. That's when we need to go
- 5:20back to Bitcoin. Bitcoin is the leader
- 5:22of all cryptos. Whatever Bitcoin does,
- 5:26the other cryptos follow suit. This is
- 5:28your early indication of what the
- 5:30market's going to do on everything else.
- 5:33So, if it happens here first, either a
- 5:35day later or an hour later, it will
- 5:37happen on all other cryptos in general.
- 5:40There are some memecoin outliers. So,
- 5:42again, we need to look at historical
- 5:44data. When we had this massive bare run
- 5:47as price dropped nearly 80%. We have to
- 5:50look at the RSI. The RSI was massively
- 5:53overbought, created a higher high, and
- 5:56on the RSI we created a lower high. But
- 5:59you guys know, you've seen this in my
- 6:01previous videos. This is my secret
- 6:04sauce. When you have an RSI divergence
- 6:08and the lower high is within the 7030
- 6:11range, it's all hands on deck. Bet the
- 6:15house. So recently we had three higher
- 6:18high structures. We had the high, we had
- 6:21the low, we had the higher high, we had
- 6:23the higher low, and now we have the
- 6:25higher high. This third swing high is
- 6:28showing another divergence on the RSI.
- 6:31And this swing high is within the 7030
- 6:34range. So jumping back to Ethereum, I
- 6:37ended up selling an additional 77
- 6:39Ethereum at this point knowing that that
- 6:41bearish divergence on Bitcoin had
- 6:43printed. Price then dropped 15% and I
- 6:46kind of felt like Nostradamus. Fast
- 6:49forward a few days and in comes Jerome
- 6:51Powell to screw up my entire life. He's
- 6:54the only human that I know that can say
- 6:56good morning and make the market move
- 6:5810%. So, he did his speech in Jackson
- 7:00Hole and we had a crazy crazy bullish
- 7:04swing up from Ethereum. I'll admit I was
- 7:06panicked. I figured if I'm holding a
- 7:08short and it comes back up to where I
- 7:10sold, I'll just get back in and ride the
- 7:13swing up. But I knew I had conviction
- 7:15that price is going to go down. So, I
- 7:18held out. I sat on my hands. I trusted
- 7:20my analysis. I saw massive divergences
- 7:23on a weekly and daily time frame on both
- 7:26of these. 2 days later, Ethereum dumped,
- 7:29sweeping the liquidity from the previous
- 7:30high, having an additional drop of 12%.
- 7:33And this is where most traders get
- 7:35stuck. This is one of the most important
- 7:37things about these liquidity traps.
- 7:40Everything in your mind tells you that
- 7:42you were wrong. All of everything that
- 7:44you know before, you're an idiot. Just
- 7:47get back in. And people get back in at
- 7:49the swing highs. And you would be
- 7:51astounded at how many people get stuck
- 7:54at the all-time high price of any asset
- 7:57and then they just get wrecked on the
- 7:59way down. I trusted my analysis. I
- 8:02stayed strong. I didn't buy back in. And
- 8:04since January 1st, this has been the
- 8:08best sequence of trades I've ever made
- 8:10in my entire life. I kept dollar cost
- 8:12averaging Bitcoin all the way up. As I
- 8:15sold that nest egg, it was worth
- 8:16$500,000. I bought back in Ethereum when
- 8:20it was 2,000 using only $200,000 off of
- 8:23that sale of the Bitcoin, keeping
- 8:26300,000 in my pocket. So on July 20th, I
- 8:28made $173,000
- 8:31in profit. And then on August 14th, I
- 8:33took another $360,000 in profit just on
- 8:37the swing trade from the Ethereum minus
- 8:39the cost to acquire all of this stuff. I
- 8:42netted a total profit of $250,000.
- 8:45So, if you want to learn how to swing
- 8:47trade crypto like a pro, here is the
- 8:50TLDDR. When you have a massive swing up,
- 8:52put a Fibonacci retracement tool and buy
- 8:55in when it hits the fib gold zone. Sell
- 8:57when it reaches the all-time high. This
- 8:59happens over and over and over. Had the
- 9:03swing up, came back down, fib gold zone,
- 9:06shot up. Went up, came down, fib gold
- 9:09zone shot up. Came down, fib gold zone
- 9:13shot up. When price breaks out of the
- 9:15RSI, makes these massive peaks up, wait
- 9:18for the rejection that is within the
- 9:217030 range, that's the divergence that's
- 9:23going to give you the best exit for any
- 9:26trade in crypto ever. Always on the
- 9:28higher time frame, either the daily or
- 9:30the weekly. Now, if you guys want to
- 9:32learn everything there is to know about
- 9:34divergences and liquidity sweeps and
- 9:36exactly what I did here, all of my
- 9:39knowledge, everything that I know about
- 9:40day trading, check out trdfloor.com.
- 9:43That's where you're going to get the
- 9:44best trading education that money can
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