Showing posts with label Trading. Show all posts
Showing posts with label Trading. Show all posts

Monday, February 20, 2023

Today's P&L (February 20, 2023)

     



Trading P&L: $438.52

Trading fee rebate received: $9.8

Total P&L: $448.32


Here is a video of me making $331 by going long on FIL in 3 seconds!



If you want to receive a trading fee rebate while trading every day like me, go to the this link to sign up to Running Fox or if you need a detailed guide on how to sign up, check this post.

Sunday, February 19, 2023

STX Surprises Everyone with a Pump: Investigating the Reasons Behind the Rise


Ticker: STX

Category: Platform, Defi, Smart Contract

Market capitalization: $845,471,747(52nd place)

Circulating Supply: 75%


STX's recent pump of approximately 87% in the last 24 hours has caught many off guard. But what has caused this sudden rise in the token's value? I did some digging to find out.


First, let's take a quick look at what STX is. Stacks Coin (STX) is a token that is used for earning Bitcoin through a unique staking process. Investors can earn STX by staking Bitcoin, and then earn Bitcoin by staking STX.


So what are the factors behind STX's recent surge in value? Here are three potential reasons:


    1. SEC Approval: STX is the first cryptocurrency to receive approval from the U.S. Securities and Exchange Commission (SEC) as a non-securities coin. While many investors are unsure of which altcoins will be impacted by SEC regulations, STX is seen as a relatively safe option. This has led to increased investment in the token.


    2. Correlation with Bitcoin: Since STX is used to earn Bitcoin, the token's value is closely tied to that of Bitcoin. Despite Bitcoin's recent rebound, STX had not moved as much as Bitcoin until now. However, as Bitcoin's value continues to rise, investors are looking to STX as a way to earn more Bitcoin. This has led to increased demand for STX.


    3. Ecosystem Potential: Unlike other platforms such as Ethereum and Solana, STX aims to expand the Bitcoin ecosystem with smart contracts based on Bitcoin. The token has seen success as an ecosystem and investors are hoping for more positive results in the future.


    As always, it's important to check the coin distribution. While there is no information about the Vesting (lock-up release schedule), the fact that the current distribution volume is 75% suggests that there is no concern about dumping lock-up releases. While STX's sudden surge may have surprised many, it's clear that the token's unique staking process and potential as a platform have caught the attention of investors.


   ðŸ‘‰ Register on Running Fox and receive a 30% trading fee rabate

   ðŸ‘‰ Sign up to Bybit and enjoy a 20% reduction in trading fees



Today's P&L (February 19, 2023)

    


Trading P&L: $362.84

Trading fee rebate received: $13.95

Total P&L: $376.79


Here is a 10-second video of me making $400 by shorting FIL.


If you want to receive a trading fee rebate while trading every day like me, go to the this link to sign up to Running Fox or if you need a detailed guide on how to sign up, check this post.

Saturday, February 18, 2023

Three Must-Follow Telegram Channels for Crypto Traders

    Are you tired of missing out on important market news and opportunities due to buried information in charts? Fear not, because there's a solution for that. Telegram has become one of the most popular and convenient communication tools for traders around the world. In this post, we will be highlighting three of the most popular Telegram channels that every crypto trader should be following.


1. Disclose.tv 

    Telegram Link: https://t.me/disclosetv

    With approximately 420,000 subscribers, Disclose.tv is a Telegram channel that provides breaking news from around the world. Although it does not focus solely on cryptocurrency and the stock market, it sometimes delivers critical breaking news that is related to the market. It's not uncommon for them to release news faster than major media companies. With so many subscribers, it's safe to say that they are trusted by many people.


2. Layergg Exchange & Project Alert

    Telegram Link: https://t.me/layergg

    Layergg Exchange & Project Alert is a Telegram channel that provides real-time listing information on major exchanges. Being the first to know when a coin pumps is important in the world of trading. Often, there are favorable factors or the coin gets listed on major exchanges, and being able to hear about these listings before anyone else can lead to making a quick profit. This channel also provides information on various events such as trading competitions held by exchanges.


3. 100eyes Crypto Scanner

    Telegram Link: https://t.me/CryptoScanner100eyes

    The 100eyes Crypto Scanner is a Telegram channel that notifies subscribers when sudden movement occurs for major coins like BTC, ETH, LTC, and XRP. This channel is great because it notifies traders even when they are not actively watching the charts, so they can take action when necessary. Additionally, based on RSI indicators, it informs subscribers of the expected rise/fall and alerts them when prices reach key support and resistance lines. If you're serious about trading, we recommend turning off notifications on other channels and always having this channel on.


    In conclusion, these three Telegram channels can provide a wealth of information and help you stay on top of the latest developments in the cryptocurrency and stock market. If you are a trader who wants to be informed about every opportunity in the market, we recommend subscribing to these channels today!


   ðŸ‘‰ Register on Running Fox and receive a 30% trading fee rabate

   ðŸ‘‰ Sign up to Bybit and enjoy a 20% reduction in trading fees

Wednesday, February 15, 2023

Today's P&L (February 15, 2023)

   




Trading P&L: $81.59

Trading fee rebate received: $4.5

Total P&L: $86.09


If you want to receive a trading fee rebate while trading every day like me, go to the this link to sign up to Running Fox or if you need a detailed guide on how to sign up, check this post.

Monday, February 13, 2023

Today's P&L (February 13, 2023)

  



Trading P&L: 260.54$

Trading fee rebate received: 6.5$

Total P&L: 267.04$


If you want to receive a trading fee rebate while trading every day like me, go to the this link to sign up to Running Fox or if you need a detailed guide on how to sign up, check this post.

Thursday, February 9, 2023

Today's P&L (February 9, 2023)

 



Trading P&L: 85.23$

Trading fee rebate received: 6.3$

Total P&L: 91.53$


If you want to receive a trading fee rebate while trading every day like me, go to the this link to sign up to Running Fox or if you need a detailed guide on how to sign up, check this post.

Monday, January 23, 2023

Risk Management in Scalp Trading: The Importance of Stop Losses

    When it comes to scalping, one of the most important tools in a trader's arsenal is the stop loss. This technique allows traders to minimize their losses and protect their profits by setting a specific price at which they will exit a trade.

You can place your stop loss by clicking 'STOP MARKET' on Running Fox


    One of the key factors to consider when determining where to place your stop loss is the volatility of the market. In a highly volatile market, it's important to set a wider stop loss to account for the potential fluctuations in price. On the other hand, in a less volatile market, a tighter stop loss may be more appropriate.

the difference in volatility between a highly volatile coin (Aptos) and a less volatile coin (Bitcoin). Over the course of 8 hours, Aptos gained 55% while Bitcoin gained 9%.


    Another important factor to consider is the liquidity of the market. Coins with high trading volume tend to be more liquid, which means that there are more buyers and sellers at any given time. This can help to ensure that your stop loss is executed at the price you set, rather than at a much worse price.

You can sort coins by trading volume on Running Fox



    One of the best ways to determine where to place your stop loss is to use technical analysis. This can include looking at chart patterns, such as support and resistance levels, or using indicators such as the Relative Strength Index (RSI) to identify overbought and oversold conditions.

You can find any technical Indicators on Running Fox


    It's also important to keep in mind that stop loss is not a one-size-fits-all solution. Each trade and market is unique, and as such, your stop loss should be tailored to the specific circumstances of each trade.


    In summary, stop loss is a critical tool for scalpers to minimize losses and protect their profits. By taking into account the volatility and liquidity of the market, as well as using technical analysis, traders can make informed decisions on where to place their stop loss.



    If you're interested in using an exchange like mine, which offers the lowest trading fee of 0.02% and a maximum 30% trading fee rebate, please go to this link. If you need a detailed guide on how to sign up, check out this post

Friday, January 20, 2023

Mastering the Art of Scalp Trading: A Comprehensive Guide

    Scalp trading, also known as "scalping," is a trading strategy that involves buying and selling assets at a very fast pace, with the goal of making small, quick profits. The key to successful scalp trading is being able to quickly identify and take advantage of small price movements in the market.


    When it comes to buying and selling in scalp trading, timing is everything. Here are some tips to help you determine when to buy and sell:


    1. Look for high trading volume: High trading volume indicates that there is a lot of interest in a particular asset, which can lead to increased volatility and more opportunities for quick profits.

You can sort coins by trading volume on Running Fox


    2. Watch for price spikes: Price spikes, or sudden, sharp increases in the price of an asset, can be a good indication that it's time to buy. However, be careful not to jump in too quickly, as these spikes can also be followed by sharp drops.

Examples of price spikes


    3. Pay attention to support and resistance levels: Support levels are the levels at which the price of an asset tends to find support and not fall below, while resistance levels are levels at which the price tends to find resistance and not rise above. By watching these levels, you can identify areas where the price may be more likely to reverse.


    4. Use technical indicators: There are many technical indicators that can help you identify trends and potential buy and sell signals. Some popular indicators for scalp trading include moving averages, Bollinger Bands, and the Relative Strength Index (RSI).

You can find any technical Indicators on Running Fox


    It's also important to remember that scalp trading carries a higher level of risk than other trading strategies, and it's not suitable for everyone. It's important to have a solid understanding of the market and technical analysis, as well as the ability to make quick, informed decisions.


    When it comes to selling, scalp traders look for small profits and they usually exit the trade after a few minutes or hours. They repeat this process multiple times a day and they usually aim to make small gains that add up over time. Also, they tend to use stop-losses to protect their profits and limit their losses.



    If you're interested in using an exchange like mine, which offers the lowest trading fee of 0.02% and a maximum 30% trading fee rebate, please go to this link. If you need a detailed guide on how to sign up, check out this post

Which coin should you choose to trade?

    When it comes to cryptocurrency trading, choosing the right coin to trade is crucial as it can greatly impact your return on investment. As a trader, it's important to consider certain criteria before making a trade. Here are two key factors to consider when selecting a coin to trade:



    Trading Volume: A high trading volume indicates that a coin is popular among investors and has the potential for upward movement. It also makes it easier to buy and sell the desired amount of coins at any given time.


    Market Capitalization: This refers to the total value of all coins in circulation. Coins with a high market capitalization tend to have less volatility, while those with a lower market capitalization tend to be more volatile. As a scalper, you can profit from volatility, but it's important to be mindful of the risk involved with high volatility.


    When selecting a coin to trade, it's important to consider both the trading volume and market capitalization to make informed decisions and maximize your return on investment.


    If you're interested in using an exchange like mine, which offers the lowest trading fee of 0.02% and a maximum 30% trading fee rebate, please go to this link. If you need a detailed guide on how to sign up, check out this post

Monday, January 16, 2023

Today's P&L (January 16, 2023)

 



Trading P&L: 241.91$

Trading fee rebate received: 14.74$

Total P&L: 256.65$


If you want to receive a trading fee rebate while trading every day like me, go to the this link or if you need a detailed guide on how to sign up, check this post.

Sunday, January 15, 2023

Why Patience is a Virtue for Crypto Traders


    The crypto market is a highly volatile one, with prices constantly fluctuating and going up and down. One thing that every trader should keep in mind is that nothing goes up forever. Even if the price of a particular cryptocurrency skyrockets, it's important to exercise patience and not give in to the fear of missing out (FOMO).



    FOMO is a common trap that many traders fall into, especially when they see the price of a certain coin skyrocketing. They fear that they'll miss out on the opportunity to make a profit, and so they rush to buy at a high price. However, this is often not a wise move. The crypto market is highly unpredictable, and the price of a coin can drop just as quickly as it went up.


    One of the most important things a trader can do is to exercise patience. Instead of rushing to buy at a high price, wait for the price to drop to a point where you feel comfortable buying. This way, you'll be able to buy at a lower price and potentially make a greater profit in the long run.


    It's also worth noting that crypto markets are often driven by hype and speculation, which can lead to price bubbles. Patience can help you avoid buying into hype and speculation, and instead focus on fundamentals and long-term growth potential.


    In short, patience is a virtue for crypto traders. The crypto market is highly volatile, and it's important to exercise caution and patience when making trades. Don't rush to buy at a high price, and instead wait for the price to drop to a point where you feel comfortable buying. This way, you'll be able to make more informed decisions and potentially make a greater profit in the long run.



    Are you confident in your trading abilities? Try out the platform I use, Running Fox (RF). With my referral link here, you can access the lowest trading fee at 0.02% and a maximum 30% trading fee rebate. Need help signing up? Check out this post for a detailed guide.

When to scalp trading

    It may not seem important to many people, but determining the level of volatility in the market is a crucial factor for scalp traders, who rely on market volatility to make money. In this post, we will look at how to determine if volatility is sufficient for profitable scalp trading.


        1. Check the Bitcoin chart

    The price of Bitcoin is a good indicator of overall confidence in the cryptocurrency market. The higher the price of Bitcoin, the more money is invested in the market, and the lower the price of Bitcoin, the less investment. Therefore, when the price of Bitcoin rises or falls sharply, the price and volatility of altcoins also increase.

    You can check whether there is a sharp rise or fall by looking at the size of the candlesticks on the chart. Let's take the following chart as an example.

Bitcoin weekly chart on Jan 14, 2023

    In the chart above, you can see that the candlesticks in section A are very large compared to the size of the candlesticks in section B. In fact, during section B, I hardly traded. This is because it is not easy to rebound when entering a trade in a sideways market.


        2. Check trading volume

    Another factor that determines market volatility is trading volume. Even if there are large candlesticks on the chart, there may be cases where the trading volume is not large. If you trade during these times, you may have a hard time making a profit.

    I recommend starting to trade when the trading volume per coin is as follows:

    • Bitcoin: above 20,000m$
    • Ethereum: above 10,000m$
    • Other Altcoins: Over 2,000m$

    It is recommended that you start scalp trading when both of the above conditions are satisfied.

    If you're interested in using an exchange like mine, which offers the lowest trading fee of 0.02% and a maximum 30% trading fee rebate, please go to this link. If you need a detailed guide on how to sign up, check out this post

Saturday, January 14, 2023

Today's P&L (January 14, 2023)


Trading P&L: 556.30$

Trading fee rebate received: 14.91$

Total P&L: 571.21$


If you want to receive a trading fee rebate while trading every day like me, go to the this link or if you need a detailed guide on how to sign up, check this post.

How to register and trade on RF

   RF(Running Fox) is a trading platform that I use daily to scalp trade. You can and find out why scalpers should use RF in this blog post.


  This blog post will be a step-by-step guide on how to sign up for and trade on RF.


Step1: Go to this link to RF

 

Step2: Click the Register button located on the top right

 


 

        Step3: Enter the information required for registration


  
        1. Country: select the country you live in.
        2. Phone: enter your cell phone number.
        3. Authenticator code: enter the code sent to your phone by text message and click request button.
            Note: There might be a delay when processing your sign up. If you refresh your website at this time, you can sign up without any problems.



        Step4: Click the Log-in button located on the top right


        1. Enter the same information you used when signing up.
        2. Password: enter a password.
            Note: For first-time users, you can just log in without entering a password. You can set your password in the Dashboard.



        Step5: Deposit USDT into your RF account

        You can find your wallet address here


        Step6: Transfer your USDT to futures wallet

    

        Step7: Go to RF's futures market





If you have any questions about using RF, feel free to leave a comment and I will reply as soon as possible.

Thursday, January 12, 2023

Why scalpers use RF as a trading platform

  Scalping is a trading strategy that involves buying and selling quickly in order to take advantage of small price movements in the market. As a scalper, it's important to have a trading platform that can keep up with your fast-paced style of trading. That's why many scalpers choose Running Fox (RF) as their go-to trading platform.


  One of the main reasons why scalpers use RF is because of its large trading volume. RF is an official Binance Broker that uses the API of one of the largest crypto exchanges in the world, Binance. This means that RF users can trade on one of the largest crypto exchanges in the world and have access to a wide range of trading pairs with high liquidity. This is essential for scalpers who need to buy and sell quickly without having to worry about the platform not having enough volume to execute their trades.

RF is mentioned on Binance's official blog. You can find it in the following link.
https://www.binance.com/en/blog/open-platform/binance-link-spotlight-part-2-entrepreneurship-growth-powered-by-binance-421499824684901484


  Another unique feature of RF is its "Auto Price" function. This feature allows the most recent price of the coin being traded to be reflected in the buying/selling price in real time. In other exchanges, this function does not exist, so you have to click the buy/sell button after entering the price to trade. But in RF, you can trade with just one click. This is an essential feature for scalpers who need to buy and sell faster than anyone else.

The most recent price of the coin you are trading is being reflected in real time to the buy/sell price.



  In addition, RF users receive trading fee rebate daily. A portion of the user's transaction fee is returned to the user. This is a very useful benefit for scalping traders who trade dozens or hundreds of times a day. The amount of trading fees the user paid during the day is counted, and the rebate is paid to the user's exchange wallet the next day, and the result is notified via text message.

This is a screenshot of the trading fee rebate text I got through trading on RF.
In just 4 days, the total revenue earned only through the fee rebate is $934.29!



  If you're a scalper looking for a reliable and fast trading platform, Running Fox is definitely worth checking out. With its large trading volume, unique Auto Price function, and trading fee rebate, it has everything you need to make quick and profitable trades.


  If you are interested in RF, you can use my referral link to receive a maximum 30% trading fee rebate. Please note that this link only works on PC. If you need a detailed guide on how to sign up, check out this post. 

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