Topic: 50 Cent - Get Rich or Die Trading - The Ultimate Beginners Guide - page 2. (Read 8098 times)

Thank you so much, this guide is pure gold! Couldn't have dreamed of something better!

Thank you so much philakone for your hard work and taking the time and effort to help us newbies get a decent start.

The most important thing you said was back test whatever strategy you want to use, sim, then live.

I currently been sim trading BTCUSD, but would like to add 2 more markets for study incase one is too choppy or stale

May I please have some help as I am bit new to cryptocurrency market, but not new to TA study?

Questions please:

1. Do you use Bitfinex as your chart analysis and broker as well to day trade all 3 coins?

2. For now, I work a full time job, and I use MT4 mobile (at work to watch the charts every hour or so) and desktop app (at home) with SimpleFx as my broker. What timeframe do you recommend for my case? I was thinking of just watching the 1 hour chart once per hour for long buy and sell swing trades.

3. What stop loss do you recommend if starting with $200 - $300?

4. Do you have a video on how to increase lots size as account balance increase?

5. Do you recommend trading with coins or just deposit cash in the account? Like you, I don't care about buy and hold forever.

6. I plan to manual back test a few methods over the weekend. Do you have a spreadsheet you use to determine if a strategy is profitable?

7. Do you back test by or some type of market replay software?

8. After backtesting, how do you make the decision if a strategy is profitable, decent drawdown, or worth going sim/live with?

9. How many trades do you use to have statistically confidence in a method?

9. Do you know of app that can alert when EMA crossover occurs?

10. What are you thoughts on programming and backtesting a bot for testing ideas?


Thank you kindly for help

Iota Nov 10 Technical Analysis and Price Forecast, Elliot Wave and Trend Line

https://youtu.be/ClFUrqaQtBs

What makes me different than most TA you'll see, is the depth I describe everything and how much you may take away from the analysis. Give it a shot.

I do TA on lots of coins every day while explaining in great detail. What makes my TA different is I explain everything in full detail for beginners and advanced traders.

It's important to share what we think and pass it on. Be open-minded. Constructive criticism is appreciated in a positive way, though negativity, hatred, and rants, aren't healthy in life.

I cover in detail  technical analysis, Elliot Wave, with price forecast and especially risk management.

Follow me on Twitter for some awesome play-by-play TA.
Subscribe to me on YouTube!

Twitter - https://twitter.com/PhilakoneCrypto

Many more are being created. Please enjoy.

Video 1 - Tutorial Part 1 - How to customize and set up Bitfinex

https://www.youtube.com/watch?v=ortLTCAL-1A

Video 2 - Tutorial Part 2 How to Analyze Candlesticks Charts with Strategy

https://www.youtube.com/watch?v=WQTu8ed6X1U

Video 3 - Tutorial Part 3 - How to use moving averages with strategy like a boss

https://youtu.be/JttIpSuYAsA

Videos will be released almost daily. I also do tons of Technical Analysis on our favorite coins like OmiseGo, EOS, and more.

Some other video series of mine
- Daily Technical Analysis on OmiseGo, ETP, IOTA, and more
- Starting with $200, how to turn $200 into $1,600 in 16 days. All trades recorded live, narrated.

These are educational videos intended to teach how to think through thought-out rationalization.

Follow me on Twitter for some awesome play-by-play TA.

Twitter - https://twitter.com/PhilakoneCrypto

Get inside my brain guys. I have all the material to help you all succeed.

I feel like every time I learn something new about TA I am much more confident in my trading strategy and possibility of success.

You're video on candlesticks was highly informative and has given me a new tool to use in trading. Thank you again!

thank you very much sir for this ultimate trading guide for beginner, i have subscribed your youtube channel and as a new trader i'll learn much from your video. hope i will get much profit someday after learn this guide

Thank you so much for offering this help to the community. I've been trading for about 3 months now and have gone through many youtube and google articles. I just discovered this thread so I will start your youtube videos today.

Question:

How do time periods come into play in making decisions to enter trades. I look at everything from 5 minutes to 4 hours. What is the best time period to use to figure out an entry point?

Thank you.

Many more are being created. Please enjoy.

Video 1 - Tutorial Part 1 - How to customize and set up Bitfinex

https://www.youtube.com/watch?v=ortLTCAL-1A

Video 2 - Tutorial Part 2 How to Analyze Candlesticks Charts with Strategy

https://www.youtube.com/watch?v=WQTu8ed6X1U

Videos will be released almost daily. I also do tons of Technical Analysis on our favorite coins like OmiseGo, EOS, and more.

Some other video series of mine
- Daily Technical Analysis on OmiseGo, ETP, IOTA, and more
- Starting with $200, how to turn $200 into $1,600 in 16 days. All trades recorded live, narrated.

These are educational videos intended to teach how to think through thought-out rationalization.

Follow me on Twitter for some awesome play-by-play TA.

Twitter - https://twitter.com/PhilakoneCrypto

This is probably one of the most complete guides that I have seen for newbies about the mechanics of trading and I like the fact that you make an appeal to control our emotions, most people begin to trade thinking they are going to be rich by just buying a coin and then holding it for a long time but unless you have a strong reason to buy you should not do it, I have not watched your youtube channel but I’m going to do it in this week since I’m sure it has great quality like your OP.

How do you guys deal with your emotions during trading? Intellectually I get how to trade, but when the motions kick in, how do you manage to stay focused without making mistakes?

Quick video on how to set up and customize bitfinex:

https://www.youtube.com/watch?v=ortLTCAL-1A

https://twitter.com/PhilakoneCrypto

Much easier to get a hold of me on twitter! I post some awesome content and tutorial videos!

I have one concern: we have been told not to use margin trading as beginners... And this is beginner guide. Where is da truth?!

Another question, how do I add fiat to Bitfinex? Can it be done or do I need to buy Bitcoin elsewhere and transfer it to Bitfinex?

What exchanges can you use in US for margin trading?

Good job very helpful I will save this post a study as much as posible thank you OP

https://www.youtube.com/watch?v=7-cvNpOvFQg

October 31st TA is out. Really hot coin.

This is cool  i have learned a lot. Thanks for the tutorial it's a great tips for me.

great job you did well.  this is very helpful and informative guide newbie friendly i would love to read this again and again trying to analyse more

I don't know anything about trading but seems this post is like a pot of gold!