7 Surprising Steps to Start Crypto Trading | Crypto Trading for Beginners

[00:03] I have told you how to do crypto trading ? How to take a trade? But look, there is a huge difference between trading crypto, taking a trade and making a profit from it. Because it is possible that earlier you might have been trading in the stock market.

[00:16] come to the crypto market or you have come directly to the crypto market, then there will be some things which you will not know and because of this you will be causing losses again and again. Whereas let me tell you that if we

[00:28] talk about the crypto market, then it is easier to earn money there than in stock market trading. The reason for this is that if you were trading in the stock market earlier, then either you would be doing intraday trading there or you would be doing options trading in the stock market.

[00:43] or you would be doing options trading in the stock market. here most people do futures trading which is very different. So there is no theta sticking here. That means if you hold this trade

[00:59] for 5 days and the price increases even after 5 days, you will still make a profit. Due to which the method of earning money from futures trading is a little different and can be said that it is a little easier. Now what to do for this? Let us

[01:13] understand this in detail. So first of all, if you are trading crypto futures in 5 minute or 15 minute time frame, then according to me this is the biggest mistake. The reason for this is that the movement that takes place in crypto is very

[01:29] fast and very big. So many times when you look at the chart according to 5 minute or 15 minute candle, the many times when you look at the chart according to 5 minute or 15 minute candle, the look at the chart according to the larger time frame, the chart will appear very different to you.

[01:42] So if you are trading crypto futures, then according to me the best way is to use the one-hour time frame. Using the one-hour time frame means that each candle here will be

[01:58] candle here will be of 1 hour. So now if you look at the entire chart, what will be there in it? So in that you are seeing 15 candles , 20 candles, 25 candles. So overall you are

[02:12] looking at what happened in the chart over the course of a day. Due to which the chances of your analysis turning out to be correct are higher. And the second common rule is that the larger the time frame we look at, the more

[02:28] Therefore, if you use one hour time frame here, it will be better. And yes, the trading we are doing is being done on Delta Exchange. account,

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[03:06] Now after this, the second thing which you have to pay the most attention to if you earn profit from crypto is that what people are doing, they think that friend, I am taking trade in 5 minutes, 15 minutes time frame, then

[03:23] I will exit with the profit made in 1 hour. But if you are trading in crypto then according to me you should not think of making profit in 5 minutes, 10 minutes or one hour. It is you should not think of making profit in 5 minutes, 10 minutes or one hour. It is

[03:38] running for the entire 24 hours. Even in some cases, your trade may last for 48 hours or even two-three days. The reason for this is that you are using a 1 hour time

[03:50] frame. Because if you use 1 hour time frame then the candle here is being formed in 1 hour. You have also seen the chart for the entire 24 hours or the entire 1 day. When you have seen a lot of candles. I have

[04:03] seen the patterns being formed in it. I have seen the support. If you look at the resistance, it could be a one-day support. There may be support for a week. There may be support for one month. So, your trade will last a little longer. Now what will happen if the trade continues for a long time

[04:17] ? If I am looking at the 1 hour candle. Look, if I have this 1 minute candle, then in this 1 minute candle, if we talk about Bitcoin, it may have gone up and down by 200 points. But if this candle is for, say, 1 hour, then it is

[04:35] possible that Bitcoin may have moved up and down by 2000 points. That means the movement that will take place will be means the movement that will take place will be very high. Due to which two things will happen. First of all, your stop loss will

[04:54] not be around 2% or 4% like in the stock market. Whatever your stop loss will be here, Whatever your stop loss will be here, you can assume that your stop loss here can be from 10% to 20%. This means your stop loss will be very large. So now

[05:11] if the stop loss is 20%, then in this case, if you had invested Rs 10,000, then understand that Rs 2000 can go in one trade and even in some cases, I would say that the stop loss can also be 30%. Let me explain this to you with an example. Let's say

[05:27] say your stop loss is 30%. You are trading with ₹10,000 and your stop loss is say 30%. So you lost ₹000 in the first trade itself. Suppose your stop loss is hit in the first train

[05:41] then 3000 is gone. Now you have Rs 7000 left. Now let's assume again 7000 left. Now let's assume again your stop loss of 30% is hit at 7000. So after this you will be left with ₹4900. That means half of your money is gone. And

[05:56] after this, if you suffer a loss of 30% in the third trade also, then what will be left with you ? Please tell me this in the comments. That means I am telling you that brother there will be a stop loss of 30%. So it is possible that when you start trading,

[06:10] Stop loss is hit for the second time also. Stop loss is hit for the third time also. And if you keep a small stop loss of 5% or 10%, then it is possible that you may take the trade 50 times but it may get hit only 50 times. Then how will you earn profit? So for this I will tell you the method which is the

[06:26] best. For example, let us assume that you are bringing only Rs 10,000. At assume that you are bringing only Rs 10,000. At this place, if you use 20% of your capital because there is less money. So how much money do you have invested now? Now you have invested

[06:38] how much money do you have invested now? Now you have invested ₹2000 in one trade. Now if ₹2000 in one trade. Now if you have a stop loss of 30% above ₹2000, then how much will your loss be at this place? It will cost only ₹600. So if we

[06:52] look at it overall in terms of your capital, then this is only a loss of 6%. This means that in crypto trading it is very important that you do not invest your entire capital in one trade. It will be you do not invest your entire capital in one trade. It will be

[07:08] then invest only 10% of your capital because if there is a stop loss, then you saw that suppose you were starting with ₹10,000 and you have used 20% of that capital in one trade, then you have taken a stop loss of 30% on ₹2000, so the

[07:23] stop loss is only ₹600. It is not a very large amount. But if not a very large amount. But if your target is hit at this place, what will happen at that place? Now understand this because this is the real game. So let's say

[07:37] is the real game. So let's say you have ₹10,000. Ok? In this you have you have ₹10,000. Ok? In this you have used 20% of your capital. So how much money did you use in one trade? You have used ₹2000 in one trade. Now,

[07:50] since we use leverage in crypto trading, if you are taking a risk of 30% here, then if you are taking a risk of 30% here, then your effort should be to your effort should be to

[08:05] 200% may seem too big to you. But you should also keep in mind that you are taking a stop loss of 30%. So if you are taking a stop loss of 30% then earning 200% is not a big thing. And why making 200% in crypto trading is not big. A

[08:19] big reason behind this is that here you get leverage up to 200 times. That means you get leverage up to 200 times. That means you

[08:31] if you take leverage up to 200 times then you would have taken a trade of ₹4 lakh. you would have taken a trade of ₹4 lakh. But if you want to play safe then take leverage more than 15x and if you want to take reasonable risk then take leverage more than 25x, according to me

[08:47] you should not take leverage more than this. So now let us assume that you have ₹2000 and that you have ₹2000 and you take leverage of 25x on it, then how much of your money will be invested in the market at this place? You will invest ₹50,000 in the market.

[09:05] ₹50,000 is invested in your market. Now if the market increases by even 10% at this place, then you can understand how much profit has been made. You will make a profit of ₹5,000 and you know that there are huge movements in crypto. That means, if you proceed in the right way here, then

[09:22] earning 200% is not a big deal. Now here you will say that brother, anyone can say it with their mouth, say it 200%, say it 500%. But does this actually happen? So let me show you the trade in which I made a profit of more than 200%.

[09:35] So there's a trade here. In this trade I think I made a profit of 295%. After this, see, this is a trade. In this I made a profit of 142%.

[09:47] But even with the stop loss, you will still see a profit of 2-4%. There is a profit of 3%. Because I had trailed my stop loss there. So this means that I have also shown you the proof that brother, a profit of 200-300% can be earned here.

[10:02] Well, look, I never show that so much money is going on, so much profit is going on, this is going on, loss is going on. But just to show you proof that yes this happens. That's why I showed you this. You do

[10:14] n't have to be inspired by this. If you find the correct method I am telling you correct, then only you should follow it. Now let me move ahead and So the first thing I told you is that if you are trading in crypto then

[10:28] you have to trade in one hour time frame. If you Secondly, I have told you that your trade can last from 24 hours to longer.

[10:40] Meaning, the trade can continue for two-three days even after 72 hours. It may be over in 5 hours, 6 hours or even 10 hours. But I am telling you that this much can also work. It is not that even after making profit, it is kept for 24 hours saying that no brother, it has

[10:54] not gone that far. I am telling you that this much can go on. So you should know this. The third thing I have told you is that your stop loss here can be up to 30%. So what do you have to do? You should know that there is such a big stop loss. If you keep on

[11:09] following 2 4 5 7 10% then stop loss will be set again and again. Then it will be very difficult for you to earn profit. The fourth thing I have told you is that when you know that there can be a stop loss of 30%, then in this case, if you

[11:24] use your entire capital, then understand that it will become impossible for you to earn money. That is why I have told you to use only 10% to 20% of your capital in every trade. Do not use more than that. With this you will do the right thing and that will be that

[11:40] you will be able to follow risk management properly. And earning money will be possible only when you do proper risk management. After this, the next thing I told you is that when you are taking such a big risk, you are taking a stop loss of 20%, 30%, then

[11:56] I am not talking about every such case. But you will often see profits of 200 to 300%. And even some people are earning profits of 500-700% many times.

[12:08] What will happen is that if suppose you had taken 10 trades and out of those 10 trades, you incur loss in six trades, then

[12:23] in overall profit. And the motive is to make overall profit in trading. Not every trade can be profitable. Now, if I explain this matter of stop loss and profit to you in technical terms, then what happens here is that your risk to

[12:37] reward ratio is high here. That means if you are taking a risk of 30% then you may be getting a profit of up to 200% in one trade. And you have to take the risk of 30% only And you have to take the risk of 30% only if you are maintaining a profit ratio of 1:4 1:5.

[12:52] if you are maintaining a profit ratio of 1:4 1:5. very important for me to tell you. Never trade by taking a loan. Never trade by taking a loan.

[13:06] trading is a very difficult task. It is and many times people suffer losses in the beginning. So that your life does not get ruined in this affair, I am telling you that it is not an easy task. Trade with your own money. It would be

[13:21] that it is not an easy task. Trade with your own money. It would be liked this video. If you want to open an account to trade on Delta Exchange, I have account to trade on Delta Exchange, I have

[13:35] you can win a free 1-year subscription to Trading View from us, which has a lot of features and can make analysis easier for you. description. If you liked the video then please like the video and subscribe to the channel

[13:48] and if you want to understand how to do crypto trading understand how to do crypto trading ? How to use Delta Exchange?