CRYPTOCURRENCY DAY TRADING FOR A LIVING: SMART MONEY CONCEPT, DAY TRADING CRYPTO USING SMC STRATEGY, SUPPLY AND DEMAND WITH PRICE ACTION

Amazon.com Price: $15.99 (as of 20/05/2024 12:16 PST- Details)

Description

If you’re reading this book, I’m assuming your little trendlines, retail patterns, support and resistance strategies aren’t cutting it. You’re probably wondering if
anyone in the trading world actually makes money, or if it’s a straight up scam.
You’re probably at your wits end, losing almost every trade. Doesn’t matter which direction you choose, long or short, all you see is RED! Trust me, I know the feeling, I’ve been there. From slamming my head against my desk, day in and day out. Thinking “am I just a straight up dumb shit. What am I missing here!? Why is everyone else making money?”

Let me define “us” as retail traders. Retail includes, Large hedge funds, smaller banks, and the typical “at home from my laptop” trader like you and I. Now who is the smart money? Big Banks, and Big Institutions. Big banks are the central banks, they decide where price is going. Now when I say “Market Makers” I want you to understand that in this day in age, it is heavily algorithmically driven.

The algo’s are the new Market Makers. This means they have to follow a set of rules, which is to our benefit. Now this book is heavily centered around the Crypto and forex
markets. I’m mainly a forex trader, but I do trade crypto, stocks and options as well.
Stocks and options are mainly controlled by supply and demand. Forex, based on my research, isn’t. Price is predetermined. Now that may be a tough pill to
swallow, but I can show you several examples of price reacting and trading “to the pip” at certain levels. The lies you’ve been told have been created by the mega banks, and market makers. Market makers can create whatever pattern or trend line they want to.
They can hold a stock or currency in consolidations, they can move prices and snatch up your stop loss. The goal is to identify when a huge price movement is
occurring to participate and anticipate the likely movement. There will be times where the banks aren’t involved, and there will be times when they are clearly
involved. From this point on, when I say “they” that means smart money.

Additional information

Author

James Jecool King

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