 What's up YouTube? Welcome back to my channel Bitcoin daily today. We are reviewing some live trade So basically what we're doing is we're taking 0.1 Bitcoin and turning it turning it into one Bitcoin And we're gonna try to do that live for you guys Showing you the process of it and how we're slowly grinding that up All right, so we started with with 0.1 Bitcoin. We're currently at about 0.11 or 0.12 something like that so yesterday we took a few trades and That we're successful. We ended up doing around over a hundred dollars profit I'm not sure exactly how much we did yesterday, but we did do over a hundred dollars profit yesterday Exchange that we're trading on is by bit similar to bitmex The reason we left bitmex was because of the whole KYC thing. So if you're having the same issue You could come over to buy bit They currently have a deposit bonus of up to five hundred dollars depending on how much you deposit Just use a link in the description and you'll be able to get that bonus. So that's pretty much it guys. Enjoy the video. Peace What is going on ladies and gents? So today right now what we're doing we're doing some live trading So I wanted to To enter this position live on camera, but the position Came up real fast and we had to just kind of enter, you know how that goes. So So I'm gonna just kind of catch you guys up on what happened this is the Account that we're that we're continuing when we started doing that one BT that zero point one BTC to one BTC challenge. So we're trying to go from zero point one Bitcoin to a full Bitcoin This is the account we transferred over from bitmex Over to buy bit as we told you guys we are not using buy bit If you guys are interested in joining up with buy bit, we have a link on The bottom you guys can feel free to use that you get a deposit bonus up to five hundred and forty dollars. I believe it is Depending on how much you deposit And we have a tutorial on how to use buy bit how to make the trades and all that so you guys can watch That's on our channel So let's jump into what it is that we're looking at here. So You can see currently we're up about nine ten percent about eighty two dollars Our entry price here was fifteen thousand twenty three Our liquidation price is thirteen seven twenty, but that doesn't matter because we do have a Stop in place And that's basically it so let let me kind of go over, you know, what we did what we saw etc. Etc. So right now we're in the five-minute chart because we're kind of we're scalping this position So that's why we zoomed in so much But let's let's zoom out a bit to get a look at the bigger picture to see what's going on So this morning Bitcoin shot up well first it drops it dropped that it looks like a 8 a.m We had a drop down to the low was fifteen thousand one seventy five. It's currently worth that right now And then it just took off right We had this one big candle it went all the way up to fifteen thousand eight eighty seven So it basically went to that test that sixteen thousand again But got rejected as you guys can see it here. So the next four hours were just dropping dropping dropping was all red Then so what we're looking for that we talked about all the time is a bounce, right? So we don't want to catch a falling knife. We want to catch it when it's bouncing back up So, you know, we had at first we had orders set up on top of fifteen thousand four hundred Then it kept going down. So we set up orders on top of fifteen thousand two hundred then it continued down So that gave us the opportunity to get the ideal entry, which is about right above 15,000, right? So we wanted that 15,000 that psychological whole number entry But we didn't want to buy it on the way down as you can see if you were to buy on the way down You would have got stopped out because it went all the way down to 14,825 so that was stopping up. Well, we did instead. We will be waited patiently We're patient. We watched it go all the way down and then we waited for that bounce So once once it goes down and we start seeing it bounce back up. We're like, all right Let's zoom in a bit, right? So we start to zoom in to the 30 minute in the five minute window and We're looking for a bounce over 15 down. So we set up our buy stops above 15,000 You'll see here. We got triggered at 15,000 zero 23 Because we figured if it if it bounces back up and it goes from, you know 825 back over 15k It'll come up with momentum So now we're catching that bounce with momentum, which is exactly what we want and 15,000 is that support So seeing that this candle this one hour candle closed on top of 15,000 is You know beautiful. So that means that support held It's tested it it held and it's bouncing. So we just caught that bounce as you guys can see here We're up 12% a hundred dollars. So we've made a hundred dollars on this trade already. So we entered here at 1523 and as you can see This is around the cat. This is probably the candle that we entered or this one one of these candles And it's just been going going going now our first target is 15,200 which is exactly where it's at right now So we've slowly been moving up our Thing so I like to keep it under certain candles. So we're keeping it up under this five minute candle Now what I'm gonna do is I'm gonna bring it up under this candle minimum, right? Unless I want to keep it very very tight We're watching here to see if we do break this 200 area it's currently at 15197 so what we can do here we can take parts of profits, right? So we want to take 25% profits. So here at 200. We're gonna go ahead and sell 2010 contracts Right, so we're up We're up a hundred over a hundred dollars at this point right on this trade. We filled this trade Let me see. I'll tell you exactly what time we filled it. You guys can see everything 1138 a.m. So in one hour We have done over a hundred dollars profit. All right, so let's try to set it up at 15 to 25, right? All right, so we set our order for 225 Let's see if it hits boom entire order has been filled So we have now taken some profits off the table, right? So we're up over a hundred Took profits. Now what we're gonna do. We're gonna grab this our stop loss and move it under this candle Under the low of the of this one right here And we're gonna keep writing this up as long as possible Basically, that's the whole idea. We want to just continue writing this these candles a fight in the five minutes So when we're scalping we're looking at five minute charts and we want to continue writing our stop loss Which is not a trail stop under these five minute candles If it breaks down, we'll take profits. We're fine with it. You know, it's all good If it continues up, we're gonna just continue writing it up, you know, I mean So our next target here is 15,400 but As this candle continues up, we're gonna also continue writing it up We're not just gonna, you know leave our stop all the way down here We want to just continue writing this up So that's what we're doing right now. As you can see, we're up now about 90 dollars plus 21 That's about over a hundred and ten dollars profit more or less So we're doing pretty good Pretty good. All right, so there's a new candle right So we're gonna do we're gonna grab this now and move it right under that 200 level So we we fall under 200 It's all good. We're gonna take profits and we're good with that If it keeps going Then we keep going So that's basically what we're looking at right there, right? So we explained why we entered how we entered We explained Where we're taking profit how we're taking profits where we're taking profit and what we're doing with our trail stops And now it's just it's just a game of waiting. There's nothing for us to do at this point Now we do have another trade going. I'm gonna show you the other trade we have So we have over a hundred dollars profit here And here on Ethereum we have $32 profit So we have about $30. So that's that's like what 130 140 and profit on two trades So let's talk about this trade This trade is basically the same thing Um Let's zoom out a bit Let's zoom out to the one hour. So as you guys can see This morning we had it had the same exact drop at 8 a.m. Er So we had a we went down to a low of 441 and a high 449 Then we took off And we hit a high of 460 point 80 now the crazy thing about this one We had a by entry right set up here But it did not trigger Now the reason it didn't trigger is Because our by entry was above this high. You see this high right here. Look over here. This is worse as a high 461 point 40 we put our by entries at 461 point 50, right? so because of that that's what saved us from Stopping out like from triggering we would have triggered and Then we would have stopped out because the good is drop as soon as it would have triggered you Boom stopped you out That's why we use highs right because we want to try to avoid these fake outs and Try it. We're trying to avoid getting stopped out like this So it we become we win more trades in the long term make more profits. So What we did here Once we saw this drop First we were happy we didn't get triggered But once we saw this drop we played it the same exact way we played Bitcoin We watched it drop drop drop Then once we saw it bouncing back up. We're like, okay so where I want to enter is above a Resistance usually for a support So 440 was that number that I liked Because when I looked back on this 440 number, there's always a lot of price action Look once it broke 440 here. Look how it just took off When it broke 440 here look how it dropped 440 playing a big role here look all this price action at 440 when it finally took it when I finally broke it took off So there's a lot of price action at 440 That's how I decided that 440 was the number that I wanted in order to enter So same idea as trading as a Bitcoin trade We took the entry above 440 with momentum and now it's at 445 The high that it's gone is 445 45 lots of 45 there Now what we're gonna do Same thing that we're doing with Bitcoin. We're gonna keep raising these stops, right? So we're gonna raise this right under this low and this is on the hourly so on the hourly It's even safer. So if you want to be more conservative. I mean not more concerned you want to be, you know Avoid getting stopped out you can use the hourly You know if you want to be a little bit more conservative more aggressive with your stops You can use a 30 minute. So if I'm using the 30 minute then my stop has to be up here, right? and if you want to be You know just in it Zoned in all the way zoomed in all the way Then this is where the five-minute candles is when that comes into play So here you would move your stop basically all the way up here right 444 ish So you can move it either here for 43 or all the way up here So we're just gonna move it Right under 444 that that whole number in case it does come back come back down We want to give ourselves a little bit of room to continue up because our our target our main target for this trade is 460 wait no for this one. I'm sorry our main target is 450. So we haven't hit that target yet. So Because we haven't hit it we haven't take we're not taking profit yet But what we are always doing is trailing with our Stop so we're up already, you know, we're up 4% 30 bucks I'll take I'll take the third dollars. I'll take $20 and I'll take the take the profits. Don't be greedy So I'm going I'm going to be watching this trade and trailing it, you know constantly the same way I'm doing with Bitcoin right now. I'm just constantly trailing If we get stopped out, it's fine. We'll take the win and We'll move on to the next trade. So that's currently what we're doing right now We might get stopped out of this trade But that's how the game goes. We just did Basically a hundred dollars on this trade and thirty dollars on the Ethereum trade That's a hundred dollar hundred and thirty dollar profit in one hour of trading we We put this trade up in our trade rooms and We signaled them signaled them both of them In our trade room so everybody in our group got these trades Made some money depending on their account size their position size Etc. Etc. Is how much they make but We all did we all should have done over 10% profit or 12% profit just depends But between 12 10 to 15% profits probably is what everyone did on this trade We're still on the Ethereum trade But it looks like we're probably gonna get stopped out here if we do we'll go with it took our profits Take some more profits here did over 10% profit To change these are scalps scalp trades So these are the quick ways to make a hundred bucks here a hundred bucks there and then as you scale up your your Bankroll then that hundred dollars turns to five hundred dollars That five hundred dollars, you know as you grow your bankroll can turn into a thousand dollars So you could literally be making a thousand dollars in an hour Taking scalps, right? You just have to know what you're doing follow the rules practice proper risk management And you could easily make a thousand dollars in an hour taking trades like this All right, so what we're doing here remember? We're trying to grow this account as you guys can see here We're playing with that with an account with $1,700 right now the goal is to grow this account to one Bitcoin But yeah, we'll update you guys if there's a another move, but that's pretty much it for right now Alrighty guys welcome back so we did get into another trade So let me let's review it and talk about it So the original trade like we told you guys was that a 15k break, right? So that was our original the original trade we took boom took that rolled that up to 15 to that was our first target And then at 15,000 200 you see there was a lot of you know up and down up and down up and down So we ended up trailing we ended up taking profits first of all we took profits above 15,000 200 I think at 15,000 225 and then We ended up trailing out on one of these dips, right? so So we're fine with that Then we just kind of watched it from there And we saw it finally start moving, but then we saw this huge pullback then we saw it move again and Eventually we decided As long as it continued going up, we're gonna scalp this next entry above 15,000 300 so that's exactly what we did you'll see here that we got our fill at 15,000 303 50 for 8,400 and 19 contracts and We're currently up about five percent six percent six and a half percent ish 56 dollars we already have eighty one dollars in profit So 81 and 50 that's going to be $130 on two trades plus we have the $30 from the ethereum trade In profit so that comes out to a hundred and sixty dollars more or less right now So you see we have our stop we had set up our stop down here So we're gonna move the stop up right under this candle. There we go You see we just got rejected at 15,400 so we're gonna do we're moving we're moving our stops up under this candle right here, and if we do get over that 15,400 then we're gonna move our stop even more so what we're gonna do right now Going to do a limit order to take some profits here at 200 so again We want to take 25% profits right? 2,104 contracts Is what we're gonna sell We it might not even yeah, we're gonna trial out here. It looks like let's see see what happens here Because if we try a lot then we don't even need to uh-huh make this order We're gonna sit and wait here We'll update you guys in a second. I don't want to keep dragging this video on All right guys, so it looks like as you guys can see here. We were just able to take profits So you saw how that worked right so Just to review what just happened So we set our stops we moved it up right under this five-minute candle Under the low of it right so the low of it was What's the low here? 15,370 and this one went down to 15,370 the same exact number right so we were to put it Anywhere close to a 15400 we got stopped right out if we were to put it any closer We got stopped right out because we're at 15,369 Literally right under the low of this one and that's exactly where the next candle went and it bounced So it bounced right there and this one bounced So that's why we use these levels on the five-minute chart when we're looking for you know places to You know move our trail stops to So now with this next candle we want to see this go up in over 400 and kind of stay there and If we can make that happen Then we will move our stops above. I mean above where we're currently at right under 400 And we'll be okay with you know if we get stopped out at 400 or whatever that'll be fine We'll look for a new entry if it continues up, but Definitely we always want to be taking profits So that's one thing that's very important and now we're just going to continue what we've been doing Continue trailing this move Continue trailing these five-minute candles And just continue taking in profits as you guys can see here daily realized PNL $94 plus we have another $40 Currently unrealized PNL That we're just sitting on right now. So plus we have the Ethereum $30 30 or $20 that we took on that. So that gives us a total of let's see 94 94 and 40 that gives us 133 plus another 30 163 ish. We're around there. We're around the 160 range right now So we've only been trading for a few hours guys and we've made a hundred and sixty dollars with this Pretty pretty small account, right? This is a seventeen hundred dollar account here Started this account with around a thousand dollars And we've slowly been just grinding it up. That's why people people get They start gambling because they want to see huge numbers You know guys, we're only here. Look at this. Look at these profits $37 is between 37 or $45 is our profit here But we already have $94 so we've been taking small profits and we've just been Grabbing these profits and continuing up, you know, and then as we continue building the account We make our position size a little bit bigger and then you know grab profits again So now we're we're up above a hundred and fifty dollars on the day. We've only been trading for like two hours so If you can do that every day just just think about making a hundred dollars a day if you can make a hundred dollars a day in 30 days of trading that's three thousand dollars, you know what I mean In two months of trading at six thousand in three months. That's nine grand more or less And obviously you're not gonna make a hundred dollars every single day every single day You're not gonna win every single trade But let's say half of that, you know, so even half of that in three months $4,500 you have to think in a more long-term approach, you know, and then just continue to compound You know the profits that you're making now you see here. We have another takeoff look at this Look at this move guys. So what do we do? We move our trail stops up? boom boom Look at our profits sixty one dollars Plus that easy easy money guys. Look at this move So now we're just chilling right here. We're right under this this five-minute candle As soon as this one closes the next one opens up Depending on the price movement if we stay above this 450 area, then we're gonna go right under that 450 We jump above that 500 area We're gonna go above five. We're gonna go right below 500. We're just gonna keep trailing this And that's how you maximize Your profits. That's how you maximize these moves. So We're we're looking at about 150 hundred and sixty dollars profit right now plus Ethereum's $30 that's almost we're almost at $200 profit right now guys So we'll update you in a few once this move decide that once this move decides where it's gonna go Alrighty guys, just updating you on what happened here. So we did trail out. Let's go to our field We're recording another video. That's why we had to took a bit to do it So you can see here that we had took profits right at 15,400 we took profits and then we trialed out at 15,383 with the remaining position at 1438 so about 20 minutes ago But yeah guys we so we've done almost $200 in profit Just with those trades today. We took two Bitcoin trades one Ethereum trade and that's Made us that's netted us about $200 in profit for the day within a span of less than four hours We've done about $200 profit It's not that difficult guys you see you see our equities going up slowly But surely we're gonna turn this point one Bitcoin into one full Bitcoin guys You're showing you guys that it is possible with a thousand dollars To turn that into a full Bitcoin, which is currently worth $15,000 so we're trying to make turn $1,000 or more or less $1,500 into $15,000 that is a goal that we're going for so Thanks guys appreciate you guys for taking your time and watching this hopefully you guys learn something Hopefully it's it starts clicking in your mind because that's what trading is all about It's just eventually it starts to make sense and it something clicks and It's like why didn't I realize this before and you know like trading is not that complicated people just make it complicated for themselves because They don't have they don't have a set of rules and system that they want right? They're just trying to trying to figure out what's the magic pill or you know? Technical indicator to figure out all these things when there really isn't anything like that like it's mostly based on price action That's where that's where it keeps trading simple You know if you just can learn price action to trade price action and not what you think What your opinions on the price is and learn to trade based on patterns and probability and Use tight stops and just continue, you know entering trades and things like that like it's all discipline guys This will turn you into a profitable trader. I promise you guys so that's basically it guys for this video We showed you in less than four hours. We did about $200 profit And we're gonna continue making these videos and at least uploading one a week Until we hit that goal Until we complete the challenge of 0.1 to 1 for Bitcoin. All right guys. Thank you very much. Peace and love All righty guys, well, I hope you guys enjoyed the video. Hope you guys got something out of it You know, that's why we do these videos to continue growing this community and growing and you know giving out that knowledge for free on our YouTube channel, that's what we're striving to do So please guys subscribe to the channel and hit that like it helps us to continue to reach more people every time you do that Question of the day is Question of the day is I have no idea guys. I can't even remember what the videos about at this point question of the day is Are you guys subscribed to our channel? Have you liked this video and have you liked our previous video? That is a question of the day Peace and love guys