in this video I'm going to take you through an entire day of my live cryptocurrency day trading and I'm going to show you what it looks like inside my day actively trading as I find these trade setups not only am I going to show you how I'm setting everything up at my desk but I'm going to walk you through the exact thought process that I use to find each trade a little bit about how it works and how I manage my day to be able to make several thousand trades sort of spaced out throughout the
day so I'm going to be logging all my performance showing you how I'm doing it in real time and if all goes to plan we should be able to hit our daily goal and extend our Now 26 trade win streak I'm expecting that that will end soon so we will find out in today's trading session so if that sounds good make sure you hit the like button subscribe to the channel if you want to follow along with this series check us out on Instagram and Discord as well we have an amazing trading community and if
you stay to the very end I'm going to be doing a giveaway in this video so make sure you stay tuned but for now I'm going to grab something to eat and then I'm going to explain to you my first trade setup on the day to see if we can hit trade number one [Music] all right so looks like price is starting to come down to my entry that I have set up here on my first Solana position so I'm going to walk you through a little bit what I do each day so essentially what
I'm doing is going through my watch list which I have on trading view which is the software that I'm using to trade see over here I have my buy bit pulled up which is how I'm trading I also have my trade Journal here so all I'm doing for the day is basically setting up this indicator on my chart you can find this in the description in the tools below and it's called the it Foundation indicator if You' watched our other videos you'll know this gray area is where the New York Stock Market opens and then
you have these moving averages here you have the 2050 and 200 which will show you generally the direction that the price action is moving in okay so right now we have the move on the market what I did was took an overall broader look at what we've seen in the market so first thing that I'm seeing is we have this break of down structure here so we have price sort of trading down this direction now breaking up a new high so now we sort of have this overall General move to the upside okay so that's
the first thing that I'm trying to identify next thing that I'm doing is just waiting for this price to make a definitive new higher low so as we know with Trends a trend is Simply Having a high a low and then a higher high and a higher low so that's going to Signal an uptrend so in this situation what I was waiting for was a clear break of this point here so you'll see price didn't really come up through here and then immediately get rejected it's starting to sit up here and hang out Above This
previous level of resistance which often times is going to be support you'll also notice along these lows here we have the low section of our uptrend so if this price is to come down look look like it's going to come to our first entry level I'm going to take my first buy right in this point if it comes down even further I'll take my second buy here my third buy here and then I have my stop loss underneath this overall trend in case we do break out of this overall trend without having any sort of
reversal sign up now goal of this is to basically have this come down here and play a continuation up to our level if not here I'm going to add to my position down here also play to the full takeprofit level then if it comes down further from this point I'm going to get another entry here and then take profit at this level and the way I do this this is by using a calculator on Excel which will basically give us all the entry criteria on this so now I'm going to go over into my trade
Journal this trade hasn't filled yet but I'm just going to start lining up this trade as if it did today is Monday we are trading Solana on a 3 minute time frame so I'm just inputting all the data on here and this is really important so we can see where we actually stand with our trading so this is going to be a long position so really each day all I'm doing is following this checklist I've done this on a few other videos what I do pre- session so I follow this checklist for my actual trading
session I can populate my checklist as to what I'm doing each time this is sort of schedules out the rest of the day I'll walk you through a little bit of what I do each day so essentially now all we need to do is wait for this price action to hopefully pull a little bit lower and get us filled if not this breaks out a new high we have to readjust our position and then see how the trading session goes so I'm going to allow this to play out a little bit in the meantime I'm
going to do some deep work I'm testing out a new trading system as well so I need to collect data on that and get the Reps in it's looking really promising want to connect on that and do some other work about 12:07 right now we'll follow up with this trade and see how this first trade of the day plays out [Music] all right so it looks like price is coming down to our initial entry here a little later than what we thought so we'll see if we can get a fill on this piece of price
action and then if it comes down lower like we said we have our dip by levels looks like we're a little bit closer to this Soul trade I'm actually mattress shopping right now with my girlfriend while we're waiting for the trade to fill no I'm say hi now we just have to wait and we are coming up up to full take profit and we are out for a full profit limit one win let's go all right wow really pushing now through our full take profit but we were able to lock in $183.7 assuming we'll probably
get like a crazy ridiculous candle up here that's okay all I'm going to do now is just Bank this analysis and then clear everything out take a fresh look at the market considering by the time we got in and out so that trade took about 4 hours which actually took a lot longer I was wishing that this would just come up get me out and then Bing Bang Boom we'd be good so that being said we have it docked for the day I'm going to scroll out a little bit I want to start taking some
shorts on this move so I might not take any more Longs here and just try to redo my analysis but in general I'm going to screenshot this chart anyway so I dropped my analysis in here I'm going to save it on my chart I'm but like I said I'm just going to clean everything I'm going to clean it all out no so hopefully we're able to run some errands am I talking about hopefully we're able to run errands we're definitely going to run erand hopefully we're able to clear up our charts find something to take
into the later afternoon session then I'm going to go do groceries and hopefully we catch trade number two but good start on the day 27 now on the win streak I'm trying not to pay attention to it but it's pretty epic so hopefully the next trade we're able to catch one of these bombs at this point I'm actually okay with taking a loss what I'm going to try to do now is just I mean statistically speaking it works nicely to Target this level too before going up and which case I can get a lot more
profit on the trade so I'm going to try to do that on these now and the more of those I can hit I can just bank roll nice move into the afternoon session as predicted got that area nicely in here and got out for beautiful full take profit let's go now we have to wait to find our next trade idea I'm going to walk you through as well how I find that but for now I have to go out run some errands and organize my stuff [Music] all right so throughout the day today I found
one other Soul trade that we're currently in right now so for this setup realistically all I was doing was following this sort of spread out moving averages we can see our 20 5200 all spread out price was sort of just chugging along this uptrend here so it seemed like there was no real Catalyst in the market that was going to push it around so I just wanted to play the continuation up of this session for the rest of the afternoon I think I fat fingered into this so I have a little bit larger position here
than I should so right now I'm up $1,300 on this position now so far looking for full takeprofit at this Zone but we sort of just I've been shopping around sideways a little bit and so I just came home to check this and here we are in our current position so we're going to see what happens with it but hopefully we're able to just get a little bit of a push up and be able to close this out for a nice big gain it's about 9:00 in the evening right now so we'll see if we
can close this one out make it 27 trades in the meantime I'm going to go have dinner and then I'm going to continue to test the new system I pulled together a lot of data today so I was going to continue on that until we head to [Music] bed all right so I'm sitting back down at the desk this morning and obviously last night we were able to take another full profit trade on Solana which is amazing I want to break down this trade and then break down the overall input onto the journal we're just
going to take a look at what we're able to do over the past few days okay cuz I think this is really really important so in this trade I saw a continuation of this overall trend here the price was just very evenly trending with these moving averages so I was able to sort of identify this overall move and then be able to play into a subtle dip in the price action and play up to the continuation now I think I accidentally got In Too Deep on the first order right sometimes you're going to fat finger
trades sometimes you're in both directions right this does happen so basically I was able to take profit here we got our beautiful move up before this had any sort of Correction so just going to show you sort of like the power of these levels and how they sort of interact when you do have the overall directional bias of fresh High being broken here which we saw right here getting our pull down and then playing the continuation we just did two of these back to back just to give you an idea of conceptually how this is
to work into my tracker right we had two trades overall both on Solana I've just been trading on Solana a lot you guys been watching you know that both long positions both wins here but a quarter of the account risk per trade once again extremely high winning percentage I'm on a 27 trade win speak right now so for example if we're risking between 20 and 25% of the count a lot of people their head explodes at the thought of this right but it's all derived off of math say for example my Max risk on a
trade is $500 right that would mean that my expected profit is sitting somewhere around 100 to say $120 per trade so as soon as I make five trades in a row now that offsets the Max draw down by that much so in this situation say for example I have 100 and I'm 27 in a row now you have that whereas your Max draw down you could have one Max draw down two Max draw down so on and so forth right so if you're compounding obviously this is going to increase very quickly but also the losses
are going to be more or if you're doing sort of what I'm doing I keep the same dollar amount I don't really scale it okay but anyways 27 wins in a row both of these were filled on limit zero so what I mean by this is on this original entry meaning our original thesis on the trade was to get a dip and then a continuation worked out beautifully and so we had our daily goal here hit of $3,413 off of two trades and you guys saw I did my analysis I set them up I followed
the process and then I was able to work on other stuff throughout the day confidence on both these trades was about a three but you can see how just following this exact process and looking at your own data over time sort of gives you these opportunities this brings me to my next really exciting point so I'm also testing a different system that will work in all sorts of different markets so we're looking at testing and implementation on a few other things on some of the newer systems that we're finding we're doing testing over certain periods
of time obviously considering that there's different market conditions over different times one of our strategies that can be used basically in any respective market so we can potentially start introducing prop firms trading it on different pairs can give us at the current state of modeling about 14 risk factors in a single month if you watch some of my other videos I can tag in a card right here if you stay to the end of that video I talk about a concept that's super super important of just focusing on this okay another month we had 16.4
R in a month we did have one month where we had -5 R okay this is the reality of trading this is sometimes how it works right being able to have the proof of concept over time so that you're not looking at this month and saying oh well it's not going to work anymore if we're able to model this out successfully we can really really scale this and this is amazing Returns on something that sort of transcends markets so moving into the fall this is what we're focusing on okay we're scaling really nicely with TCL
but we want to be able to have different style strategies and to continue to approach the markets in different ways what I like to do is just focus on one at a time conquer that and then be able to add that to my Arsenal but that's exactly what we're doing so stay tuned for that if you're not following already make sure you subscribe so you can stay to date with the videos that I'm dropping I'm trying to make a Big Splash in the retail trading space and this is the way we're doing it this is
exactly what we focus on on our trading team you can see Joe and Scooby joking around with each other all right but he's on a 14-day win streak once again 4 for four on the day tracking all of his information following these processes red Saint shout out to you doing amazing stuff also Ned narb 71% account growth just chipping away at those trades so big shout out lots of things to come all the resources here you can get for absolutely free in the description and as promised if you made it to this point what I
want you to do is of course like the video follow me on the Instagrams below and write a comment talking about something that you loved in this video and include the term risk factor I'm going to be choosing one special person I'll respond to your comment on YouTube connect with you on Instagram and get you access to an entire trading education as well as lifetime access to our entire Discord Community where our entire Community is able to interact hang out and trade together all right but that's basically all I have for today guys make sure
you subscribe so you're notified when I drop videos cuz there's going to be a lot of things that were rolling out this fall stay tuned stay motivated and until next time I will see you all in the next video [Music]
