Trading Bitcoin Was Hard... Until I Discovered This Simple Trading Strategy That Changed Everything
Published: 2022-07-14
Status:
Available
|
Analyzed
Published: 2022-07-14
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
The speaker's trading strategy for Bitcoin historically yields an average reward-to-risk ratio of 2.5:1.
"the average trade that i take based on these exact rules that you just learned ends up being about a two and a half to one reward risk ratio"
Pending
The speaker estimates their Bitcoin trading strategy has a 40% win rate.
"i know throughout my testing and experience that i probably have somewhere around a 40 chance to win this trade"
Pending
A 40% win rate combined with a 2.5:1 reward-to-risk ratio is projected to be profitable for Bitcoin trading over time.
"at a 40 chance to win combined with my 2.5 to 1 reward to risk ratio over a long span of time i'm going to make money"
Pending
Trading this strategy on Bitcoin 100 times over the next one to two years is projected to yield an 80% return on investment.
"trading this over the next year or two trading it a hundred times will make me roughly eighty percent roi"
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The target price for the current Bitcoin trade is set below $25,000.
"i'm going to get below 25 000 with my target"
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The stop-loss for the Bitcoin trade is set to limit the loss to $1,000.
"i will have a stop loss set that will only lose one thousand dollars"
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The risk taken on this specific Bitcoin trade is less than 1% of the total account value.
"this is less than one percent risk of my total account value"
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The crypto market is characterized by extreme volatility and rapid adverse price movements.
"this market is insane it is so volatile and it can go against you very fast"
Pending
The speaker's trading strategy for Bitcoin aims for a 2.5:1 reward-to-risk ratio.
"The average trade that I take based on these exact rules that you just learned ends up being about a two and a half to one reward risk ratio."
Pending
The speaker estimates a 40% win rate for their specific Bitcoin trading strategy.
"I know throughout my testing and experience that I probably have somewhere around a 40 chance to win this trade."
Pending
The speaker projects an 80% ROI from trading Bitcoin a hundred times over the next one to two years using their strategy.
"trading this over the next year or two trading it a hundred times will make me roughly eighty percent roi"
Pending
The speaker sets a target price below $25,000 for their Bitcoin trade.
"i'm going to get below 25,000 with my target"
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For their Bitcoin trade, the speaker plans to risk a maximum of $1,000.
"I will have a stop loss set that will only lose one thousand dollars"
Pending
The speaker emphasizes risking a small portion of the total account value for every trade in Bitcoin.
"you want to risk a very small portion of your overall account value on every trade you take"
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The speaker enters Bitcoin trades after the third test of the trend line of an ascending wedge.
"i will have rules for entering after the third test of the trend line of the ascending wedge"
Pending