How to Avoid Paying 5x Fees and Save Your Deposit | Trading Education

[00:01] cryptocurrencies, you lose half of your deposit not on bad entry points, not on losing trades, and not on losses. You lose them on the trading fees

[00:14] you pay to the exchange. And the worst thing is that you don’t even suspect it. You don't notice this because, of course, neither the exchange nor the bloggers will tell you about it, and it's generally not customary to talk about it. But the

[00:27] real figure, friends, is that an ordinary trader loses from 25 to half of his deposit simply on executing trades, simply on opening [music] and closing. It's not about the trading itself, whether you're trading profitably or unprofitably, but

[00:42] simply about the commissions and slippage, about the fact that you're not entering the market the way you should. You can blame yourself every day for not analyzing correctly, for the fact that there [music] the market maker is bad. Look for

[00:55] sacred gralfreding, some super-duper indicators, and at the same time, money is leaking out of you here quietly and every day. Let's start with the fact, friends, that the exchange makes money on commissions. And of course

[01:10] makes money on commissions. And of course , she doesn't show you how much money you're putting into her pocket. Just so you understand, the personal wealth of just one person, the CEO of the Binance exchange, is $110 billion

[01:26] . There is just one main person who works at Binance. There are hundreds of exchanges in the world. And there are hundreds of people who work on the stock exchanges with all the boards of

[01:38] directors and so on. That's billions of dollars in fees you're spending and giving away. exchanges. And, of course, when you go to the statistics, it won’t say: “Here is your total commission amount, there are so many hundreds or

[01:52] thousands of dollars.” It will show you how much you are making or losing on your trading volume. It will show, it will show the percentage of successful transactions. It will even show you, naturally, all the main statistics and details of your transactions. At

[02:06] what price did you enter the trade, at what price did you exit, how much did you earn on each trade , the volume of your trade, correct? and will show how much you paid in commission for opening the deal, for closing the deal, and the

[02:20] financing fee, that is, for holding. And you look, yes, if you trade profitably, you earned 180 dollars, well, I paid 50 cents for opening, well, 40 cents for closing, here 280, well, the same thing, well, pennies, it would seem, yes, in

[02:33] the long run I am profitable, they will trade as I trade, but you have no idea what this adds up to in the long run. And now we will study this together. I'm openly showing you what no trader or blogger in their right mind who

[02:51] is trying to attract an audience to their referral link would show you, because my goal in this video is to make sure you pay five times less in commission. The exchange gives a portion of its commission

[03:04] to referral providers who encourage you to subscribe to their referral links perks, secrets, tools, and so on. I also have a

[03:16] referral link. I never promoted it aggressively on my YouTube channels and so on. Eight people signed up for it within a month. However, this people signed up for it within a month. However, this allows me to give you the most

[03:30] in-depth statistics possible. based not on some empty words or approximate estimates, but I will show you real numbers. And it looks like this. The exchange gives me all the information on each person who registered using

[03:46] my referral link. Accordingly, I can see what deposits you have made. Naturally, this is all anonymous. There is no and does not exist any connection to a specific person . But you can just see how many people have signed up, and you can see the deposit. And

[04:01] most importantly, we will analyze how much was traded in total, that is, how much trading volume was made over the year and how much of this volume, friends, was made by market orders and limit orders,

[04:16] because the commission is completely different. So, you can see just at [music] 95% of people trade market orders

[04:28] here and now look 13 13 almost as much already 420,000 volume, 370 of which are market orders. What does it mean? This means that when you

[04:40] open a trade on the exchange, each of you, I'm looking into your eyes right now, you never place a limit order. You simply type on the market from your phone or computer: [music] "I want to open a trade for $1,000" and

[04:55] simply click on the "open long" button and take everything that is in the order book right here with a market order. That is, you work [music] aggressively. I have detailed videos on my channel about how a two-way auction works

[05:10] on the market, what limit orders are, what market orders are, how the entire trading volume is calculated, and how it should be analyzed in terms of delta. Please take a look, this is what really influences the price. This is very important

[05:22] analytics that you need in your work. But now this video is This is, in principle, the video with which

[05:34] . Because in the long run, and you want to work in the long run, [music] in a month, yes, and you leave trading. You want to earn money constantly, stably, methodically and over the long term. [music] Accordingly, you will turn over

[05:50] your deposit many, many times. Look at your trading volume for a month, or two, or three months, and simply evaluate what it is for the month in

[06:02] relation to your deposit. [music] If you have a deposit of $1,000 and you make a trading volume of $30,000 in a month , then you have turned over your deposit 30 times . And there is a huge difference in how you turn it around and how much you

[06:16] pay. Because [music] a market order, a limit order, and other types of orders that we'll talk about a little later have completely different fees. The most important thing is that when you work here

[06:29] and now, simply by clicking the button " buy", "sell", "close stop-loss", " close take-profit", everything is executed by market orders, you work as a taker. is executed by market orders, you work as a taker. Taker is a market order. Ker is a

[06:44] limit order. The difference is three times. Besides this, friends, that the difference in commissions is three times for opening and closing, there is another thing that a closing, there is another thing that a beginner does not take into account in his trading, and

[06:57] take into account first of all when you work with market orders. This is slippage. I'll show you with an example. If you have a deposit of $500 and you want to open a position,

[07:09] I will now deliberately lose money and open a position for $5,000 with slippage. I'll now make a turnover of $5,000 and open a long position. I'm turning on the second chart and I want you to see what slippage is. And

[07:23] it's on every altcoin you trade. [music] The larger the position size you open, the greater the slippage will be. When there are large pumps or dumps, very sharp movements, slippage can be

[07:37] colossal. A few percent is what you will lose on this trade. Here is the second chart now. We'll now see how my $5,000 order will affect the market. I go long and look what happens. This is all that

[07:53] look what happens. This is all that I actually lost. I lost half a percent of slippage, friends. This is how I influenced the market. If I open the how I influenced the market. If I open the trading history now, you will see how

[08:06] I bought out [music] all these coins here in the glass . And just look how my price . And just look how my price

[08:18] scrolling and scrolling. I'm buying a glass for 5,000 dollars. Look, buying a glass for 5,000 dollars. Look, look, look. all the way to here. I paid a commission of 01 for opening [clears throat] a market order, but what was even

[08:31] worse was the slippage I got on the market. And this is just for opening a position. And now, dear friends, we will now close our entire position. It also needs to be closed. Now I take it, I close

[08:47] my entire position. And here I am again, slipping by 0.2%. As a result, I paid twice 1 for opening and closing and another 7 for

[09:01] and another 7 for slippage. As a result, 1% of slippage. As a result, 1% of net movement was actually lost only on opening and closing the deal. [music] That is, 1% of price movement is just what

[09:13] I need to break even. And this is something [music] that no exchange, no something [music] that no exchange, no trader will tell you. We trader will tell you. We now paid 1% for commissions versus 7%

[09:27] that we would have paid for opening and closing if we had worked with a limit order. That's 15 times the commission, friends. And the worst thing is, we will now move on to statistics, that each of [music] you works in this way, opening a position with a

[09:41] market order and closing a position with a market order. And when you open a market order. And when you open a position in or short and set a stop-loss or take-profit, here, for example, you set a take-profit of 5%

[09:56] if the price goes in the right direction and a 5% stop-loss if the price goes against you. when you set take profit and stop loss. And [music] if the price reaches stop loss. And [music] if the price reaches one or the other, your order, just

[10:10] as I showed you a minute ago, will be closed by a market order with the same slippage as I just showed you. That is, in fact, whatever showed you. That is, in fact, whatever you do on the exchange, you will do with a

[10:23] market order. And this can be completely corrected. Turn completely 180° corrected. Turn completely 180° upside down. When you execute 95% of your orders as limit orders instead of 95% as market orders, you

[10:40] will pay tens of times less commission. And in this video I'll show you how to do it. But before that, I want you to understand the order of the numbers about your trading, because you did not do this research, and you do not know these numbers. And

[10:54] now we will move on to real figures, friends, based on the most in-depth study of statistics. I approach my work very seriously. And what I am showing you now [music] is not some kind of

[11:08] fictitious approximate values. This is about you. [music] This is a portrait of 90% of people who come to cryptocurrencies. Beginner traders, people who know nothing about it and start trading on the stock exchange. In addition, I

[11:24] did additional analysis within my trading community, which has more than 1,000 people. This is the core of the trading audience. These are the most active traders who trade in the market every day . Thus, I have two

[11:39] portraits of a market participant. This is an ordinary trader who comes to the exchange, and this is already an advanced trader who remains in trading and works over the long term . You can know for yourself how actively

[11:54] month, and what your trading turnover is. [music] Therefore, immediately look at one category or another. For an ordinary person who comes to trading, the most common working deposit [music] is up to $1,000, that is,

[12:09] $800 with all replenishments for the year. Usually it's $500. People deposit $500 on the stock exchange, try something, it doesn’t work out for them, and they try something, it doesn’t work out for them, and they leave. Those who trade more or less

[12:21] make approximately 50,000 trading turnover per year. This is not an average value, it is a median, because there are whales, and there are very small traders who distort the statistics in one direction or another . You know, it's like if there are

[12:37] 1,000 people in a room, each with a capital of 500 dollars and one Elon Musk, the average 500 dollars and one Elon Musk, the average will be a million dollars each. But does everyone have this million? Do you understand? Therefore, the median is what

[12:50] shows the real numbers. Thus, the average trader makes about Thus, the average trader makes about 58 turnovers of their working deposit per 58 turnovers of their working deposit per year and trades 86% with

[13:03] market orders. But in reality, it is highly likely that you do not even make these 14% , because every third person makes more than 95% of their trading volume with market [music] orders. This is a disaster. We'll talk about this a little

[13:17] later. Active traders who haven't been liquidated, who operate profitably or at least break even in the market, who replenish their deposits, who increase their capital to earn more money, generate

[13:30] turnover on their deposits several times greater than their capital. Theirs is a little bigger. Again, the median value is 1,200-1,500 with additions up to 3,000. The total turnover to deposit ratio for an active trader, if you are an active trader, is about 150 times. They

[13:47] active trader, is about 150 times. They know a little more about order mechanics and work a little more with limit orders, but the picture is not much better, in fact. So, friends, let's talk about the most important thing. How much money are you losing

[14:00] you can do the same action [music] in different ways. The result will be absolutely the same. You will enter the position here where you want and close the position where you want. But the difference will

[14:13] only be in costs, only in orders. And the difference in how much money you lose over the year will not depend on how profitable or unprofitable you trade or whether you choose any other trades. You will do absolutely the same thing

[14:26] on the market or limits, and the difference will be many times greater . In this mathematical model that I am showing you now, I consider slippage to be 1%. This is very little. Therefore, you can multiply the numbers that I am about to tell you by

[14:41] two or three times. If you have small orders, you will have 1% slippage. But I just showed you that on level ground you can lose up to a percent of slippage. Half a percent is simply cut off in a jiffy.

[14:55] Therefore, we will have a commission of 1/10 and slippage of 1/10. Very conservative for small-small transactions, like $100, $200. If it is $1,000, then consider that the slippage will be

[15:08] proportionally larger times. And with a limit order, there is no slippage because you placed your order and another person took it at market price. You are not the aggressor, you are not the one clicking on the buy here, buy now button. You

[15:22] submit your application and others take it. The difference is this. So, if you trade as you do now, 85% on the market and only a small amount of limit orders, versus

[15:37] if you do the opposite, the difference will only be three times the minimum model will only be three times the minimum model . For an active trader with a deposit of approximately $1,000, who makes a turnover of $200,000 per year, this is

[15:51] only a 20-fold turnover per month. You will lose $350 in fees alone. You will lose 35% per annum in a year. You will only will lose 35% per annum in a year. You will only hear this figure simply on commissions.

[16:07] And this is if you make a 200,000 turnover on your deposit of 1,200-1,500 dollars. If you make 500,000 turnover, you will lose $870. And this is with the smallest slippage. You understand that if you trade a little more actively and

[16:23] invest a little more money in a position, then, trading as you are now trading with a deposit of $1,000, you will lose $1,000 in commissions over the course of a year . You're just on commissions, if you trade unprofitably, if you

[16:37] don't make crazy 200, 300, 500% profit in a year, you only have 100% [music] 500% profit in a year, you only have 100% [music] commissions, that is, the exchange will take your entire deposit . You should now grab your head with your hands, jump out

[16:52] grab your head with your hands, jump out of your chair and just scream at these numbers. And, naturally, [music] the larger your deposit, the higher the commission. Because when you learn how to trade and when you trade profitably, you

[17:07] will want to increase your deposit yourself. And if you don't change [music] your trading style and continue to open positions at the market, stop-losses, take-profits at the market, as your deposit increases, you will

[17:21] your deposit increases, you will proportionally give away 35 or 50 or 70% of all your money to the exchange in say, with minimal slippage, we took the smallest number to

[17:34] build this model. You will pay $700. Deposit $5,000, you will pay back almost $2,000. If the deposit is $10,000, you will give away $3,500. You came to trading. For what?

[17:49] To make money [music] or to lose money or to give money away? You understand that all this [music] is your lost profit. You're just doing the same thing hundreds, hundreds, hundreds, hundreds, hundreds of times a

[18:02] year, and as I showed you, maybe one little deal, well, what's there, one little deal, well, crumbs, crumbs, and from these crumbs a whole loaf is assembled, which you feed the exchange with. And to complete this stage of video horror stories and

[18:17] scares that are not something, you know, just on paper in theory. [music] Don't cross the road at a red light, otherwise you might get hit by a car. This is not in your reality. This is how you trade. Each of you. 95-97 [music]

[18:34] out of 100 people do this. Video about you. And if you grow your deposit from $ 500 or $1,000 and increase it to $5, to $10, while maintaining the same volume over time, you will be giving away at least half of

[18:48] your deposit per year on trading commissions, trading market orders. Because the more money, the bigger the position and, therefore, the greater the slippage. I just increased the slippage by another 1% for you

[19:03] to calculate this mathematical model. 50% per year. In general, friends, I have already discussed this topic in my Telegram channel, only in even greater detail. along with other information on data analysis,

[19:16] trading strategy, risk management, and in general, provided a huge amount of material on how you can trade more effectively with fewer errors. Here on YouTube, I post videos quite rarely. Of course, I publish information on my Telegram channel

[19:30] much more frequently. Almost all material is published there first. Videos, podcasts, analytics, market analyses. Let's not get conversation, but if you haven't subscribed to my public channel, I highly recommend

[19:45] doing so so you don't have to wait too long for the next video. Here is the material that we are going through with you today, it is useful, well, there is tens of times more of this there. [music] Everything is strictly to the point, so let's move on. And before we

[19:59] get to the most interesting part of this video, how to fix this, Dima, I want to ask you a question. This [music] where has it ever been seen in the ordinary world of ordinary people, it ever been seen in the ordinary world of ordinary people, not traders, that someone would ever earn 50% per annum on a

[20:15] deposit. On what? On real estate, on stocks, on indices, on metals, on commodities, on business. 50% per annum in dollars. It's not

[20:27] that I'm telling you to earn, try to do that, but to lose. How much do you have to earn from trading to compensate for this nonsense on ? You must be a very profitable trader. And I'll tell

[20:40] you more, it is possible, and you will be one if you study and do the right things. Let's move on to correcting this error. In my trading strategy, I work with altcoins intraday. This means that I don’t have any

[20:56] spot, investment, long- term, weekly or monthly transactions. I work them out here and now. The average holding period for my trade is 5-6 hours within a day. This means that some transactions take several

[21:11] days to complete, while others take 15 minutes. The average is 4-6 hours. This means that I also do not place limit orders somewhere there for a breakout, pending somewhere [music] under support or above resistance. I also analyze

[21:27] my market screeners, which show me right now at the moment where there was a sharp drop of 10%. [music] Where right now, at this very moment, volumes have increased 90 times, where open interest has grown, where right now

[21:43] just now [music] there was an 8% pump. I see all this every minute. I have the entire market under my thumb. I see every movement of volume, money, open interest, liquidation. That is, where I am currently experiencing large short liquidations

[21:58] , where I am experiencing large long liquidations, on what pumps, on what dumps, I also make a decision in the moment whether to enter a position or not. But I never do this, for example,

[22:11] look now, there have been large liquidations in the long here, here the ferry is 100 times more liquidation. Some dump is very strong. Let's open it and take a look. Look , look, what a big dump, a big liquidation. And the

[22:23] liquidation immediately triggered a 10% rebound. It's all about trading opportunities, it's all about money, it's all about volumes. Therefore, the decision is also often made based on a quick analysis on a five-minute time frame, but I never get into a

[22:37] market position. Why? Because I work with a limit order with following. This is essentially the same as a market order, only with three times

[22:49] slippage. That is, I pay six times, seven times, 10 times less commission for the same action than if I opened a market order and a limit order with a follow-up. An important disclaimer right away, friends. I work on the BYBIT exchange.

[23:04] It is a convenient, large, liquid exchange with all altcoins, just like Bhaance. don’t have the opportunity to work. Not every exchange has a limit order with a follow-up, but

[23:16] Not every exchange has a limit order with a follow-up, but Bybit, OKX, Bybit, OKX, Bing X, Mixi, and Gate have them. This Bing X, Mixi, and Gate have them. This is called a Chaz order or change limit

[23:29] order, [music] that is, a limit with price tracking, a limit with following. How does this work? Now, if I wanted to open a position for $1,000 Now, if I wanted to open a position for $1,000 now, I

[23:42] could do the same thing with a limit order and follow-through . Let's say we open a . Let's say we open a short position of $1,000. He's going to take my order and put it first. You see, the fulfillment happened in a second. The

[23:56] very first one into the glass. That is, if the price moves up or down, it moves my order to the very first place in the order book. And thus it place in the order book. And thus it guarantees that I will be the first to be executed.

[24:10] Well, now we have opened a position, the price has gone in the right direction. What will you do? Will you click on the cross now to close the position, or will you click here now to close the market position faster at the market ? Already 6%. Look, I can

[24:25] do the same. Close position, limit order with follow-up. And now I'm taking it. And I also close with a limit order. So, you and I have earned 100 dollars right now have earned 100 dollars right now . I'm closing the short, I'm closing it. And our

[24:38] position is substituted. Look, look, look. Here we stand. The first one was just now, you see, there was a circle here. We stood [music] first to perform, to close this position. So, we have completed a deal with you

[24:53] . Right now, you and I have very quickly earned $120. 1,000 dollars. We entered the position, took 12%, the position, took 12%, earned $120, 12%

[25:07] net movement. How long did the deal last for us ? 2 minutes. This is my trading style. Naturally, not every transaction is completed within 2 minutes. This is nonsense. I didn't even need any deep analysis. The

[25:21] price direction and volumes were enough for me. I have a big video on my channel about volumes. Take a look at it. Clean chart, price breaks support. on large volumes. We stand on the side of money. We simply stand in the direction of volumes. We don’t try to

[25:35] buy back the drawdown, like all beginning traders. If I were to ask open? You would open a long trade, you would buy back the drawdown, you would catch knives, you would long red candles. I just stood in the direction of the money, took a

[25:50] quick deal. The most important thing , friends, is to look at the order history to see how we executed our transaction. The order type is limit. And look at our trading commission. 0.35. [music] You and I opened a trade for

[26:06] $1,000 and paid 0.39 cents. This is our Maker commission. Taking into account the price movement, because we were set up, yes, we paid [music] a commission of 0.36, not 0.1 and without slippage. See

[26:22] how our deal was filled. Opened, opened, opened. Here the exchange moved us around, glass by glass, you see, the price moved. This is how our request was fulfilled. The exchange placed a limit order. And so we

[26:34] placed a limit order. And so we took 4800 at the market, 240, 70, 170. That’s it, then with one order our position was closed. The order type is limit. This means that we paid the minimum amount of commission. Minimum for

[26:48] opening, minimum for closing. Two times limit order. Let's do the same with you. Here is our previous position. 5,320 coins. We will now take position. 5,320 coins. We will now take and open 5,320 coins at the market price. I open a

[27:03] short position at the market. This is our position. And now we will close the short at the market. We just opened it, closed it, and lost money. Yes, we have a 1% loss.

[27:15] How did this 1% even happen now? Look at the difference in fees. We opened and closed at market price [music] three times more, because we have both commission and slippage, you see, we went here. Here's a

[27:28] very clear example of a profitable trade, a losing trade, profitable trade, a losing trade, primarily in terms of commissions and also in terms of how you executed the order . In the market it’s always emotions,

[27:42] faster to open, faster. Now the market will go away without me. Only uninformed, poorly educated, poorly educated, inexperienced, and novice traders trade market orders. So

[27:55] first, let's sum it up. If you and I want to open a deal here and now, we can do it in exactly the same way using a limit order with a follow-up. You and I open a deal and close a deal. With this

[28:11] three times less commissions and no slippage. Okay, you say, but how do you set a take profit and stop loss? How then to work with these instruments, with this type of orders? You can also set take profits using a

[28:26] limit order and close your trade without slippage or additional fees. I recommend leaving the stop-loss as the only order in your practice that will be executed at the market. Let's move on. Let's say you and I

[28:40] open a position for 1,000 coins. Short again. We now have an open position with you. 1,000 coins worth $150. If I want to set a take profit, I don’t go here, here. I can simply go to the close

[28:57] limit order section and enter the price at which I want to close my which I want to close my trade. For example, 0 14 and 5. I write the price, set the total number of coins and click

[29:10] close short. Look, I have a limit order placed to close my position. That is, if the price moves in my direction now and takes this

[29:22] order, you will see that it is currently listed in our open orders at a price of 1455. This is the type of transaction to close our short, marked as "reduction only." That is, you and I have an open position. If

[29:38] the price now reaches our take profit, If necessary, we can drag this order and adjust it in such a

[29:50] way that our transaction will be closed. Now we have our deal. As you can see, the market took our order without any slippage, and we took a small profit with you, purely for academic

[30:04] purely for academic purposes. We opened a position at 15706 and placed a limit order to close just below our price. The market took it. We recorded 2.5% net movement with you . And we can see in the order history

[30:18] that our short was closed not by a market order, as before. close. The button is red, green. Red and green. And the deal is closed in a humane, serious, professional manner with a limit order, with

[30:33] slippage. The only order that should protect your trade under any circumstances is the stop loss. You are the only one leaving it as a market

[30:45] order. You trade everything else the way I am showing you now. Therefore, we will now finalize everything together. Let's open a position this time , let it be long, in two directions. Have you seen how this is

[30:57] done? We open a limit order with a follow-on of 1,000 coins. Let's open it. With us, look, immediately, almost instantly, it is no different from a market order. The deal is open. We would like to place a

[31:12] limit order to close the position. This will be our take profit. Let the take profit be at the price of 017. 0.17.5. We set take profit together. Here is our take profit. we want to set it a little

[31:27] lower, let's say we pulled it a little lower and now here is our stop-loss. The stop-loss is, let's say, 5% against us; if the price goes up, we will close our trade at a loss so as not to incur these losses. Stop-loss was set, take-profit

[31:41] was set. Here is our stop-loss market order, here is our take-profit limit order, here is our trade opened with a limit order. That's it, you and I can

[31:53] get up and go about our business, because we have a completely secure transaction, with which nothing will happen, which is strictly defined both in case of success and in case of error. Nothing can go as planned. And

[32:09] only in this case can you take your eyes off the terminal and not worry that without you the deal will fly 100% up, 90% down, and you

[32:21] or come back from a walk, and you will have gigantic losses or some kind of unfixed profits, and so on. Was it difficult? Is this something that cannot be done? It's just a small action that has

[32:36] just a small action that has such a critical impact on your overall trading results. One small thing, one small improvement, one small one small improvement, one small bug fix, one small

[32:50] bug fix, one small change in a bad habit of incorrectly working with the trading terminal radically changes your results over the long term. changes your results over the long term. And over the years of work this adds up to a

[33:04] fabulous amount of money. And now we will figure this out together. How much you are here for the long term and seriously and truly plan to

[33:19] engage in trading, and not just come, leave, open, half-lure the entire deposit with X20 leverage, open, and liquidate. Well, okay, I'll get another one. Oops, I traded and liquidated it. Well, I guess trading isn't my thing. Now, if you're not that kind of

[33:33] person, and if you systematically trade little by little over the long term, as I teach and as I record in all my videos , then you're aiming for the active trader category. And this means that on your deposit of

[33:46] $1,200 - $1,500 we take an average of $ 1,350, you will save $230 1,350, you will save $230 per year. 17% deposit, 17% additional

[33:58] annual profit. This is more than all the markets in the world together provide in annual returns. You simply keep it in your family, where you can spend this money on gifts, travel, or any other benefits. And,

[34:12] naturally, the larger your deposit, the proportionally larger this amount is for you . Let me remind you once again that with a deposit of 5,000 or 10,000 dollars, this will be deposit of 5,000 or 10,000 dollars, this will be thousands of dollars in saved

[34:24] money. And everything that you saved and didn’t lose is considered earned. To avoid being unfounded, friends, I will now reveal to you all the deals that I reveal to you all the deals that I traded over the course of a month, over 7 days. Here are all

[34:37] the deals. All transactions for 7 days. I will give you the same clear statistics as this matter of trade commissions now. All transactions for the month, nothing hidden. Losing [music] trades, profitable trades. Here I had to close all the open transactions

[34:53] that were there. At that time they were at a you look at them all later, you could have easily brought them into the black by simply holding on to these transactions . I had to leave for a few days. Therefore, I decided to

[35:07] close a trade of $60, $70 at a small loss , whereas against the background of , whereas against the background of normal working trades of $200, $300, $150, $50, these are small losses that could have been closed quite easily

[35:22] in order to avoid any unforeseen situations. Not such a large number of transactions, in fact, about 60-70 were made per month. profit increase curve, let's say we take it from the nineteenth to the

[35:35] first, you can see that I haven't traded at all for half a month. Here for 2 days, here for 3 days, here for 2 days, here for almost a week, here I haven’t traded for 2 days . On the days when I traded more or less actively, you can see the results there.

[35:51] Each trading day does not take up a lot of my time. Several hours a day on active trading days. I'm not paying attention, friends. For some, these results will be fantastic, [music] yes, 80% of the trades, uh, successful,

[36:05] where you have both longs and shorts that are profitable, where your chart [music] grows without any drawdowns, where you don’t sit at the terminal every day, and if you day you can afford to practically not trade at all for half a month, yes, and

[36:20] get such results. The key to this, friends, is order analysis. If you and I open futures and all orders, you will see that [musician] only closes some small balances of one dollar with my market orders

[36:35] . Look, all my orders are limit orders. Limit, limit, limit. Where else are the market ones? Small balance of $2. For 2 dollars. The entire volume of orders, and here it averaged

[36:49] $1,500 per position, is processed through limit orders. And now we will analyze it together, friends. I'll show you the difference between you and me. And how to make sure you trade correctly. I exported absolutely all my transactions

[37:05] with all trading commissions, rates, financing. And it looks like this table. All coins, all instruments, every limit order, every, every, every order, every coin. Here there are 1,000

[37:19] executed orders, because, as you know, one position can be split into 20-30 orders. That is, here are all the orders, all the commissions, [music] all the instruments, how many were closed at the market, how many were closed at the market, the

[37:32] amounts and also the financing. So, friends, trading the way I showed you now, using a limit order with a follow-up and closing positions with limit orders in the plus and sometimes closing market orders either by stop-loss or some

[37:47] small remains, I get 95% of my total trading volume. And the trading turnover was 302,000, to be precise, 301,600. That is, there is a slight rounding here. 5.314,

[38:03] 5.315. Here's a little rounding. 78 transactions, 41 coins were traded. That is, I trade various altcoins. 41 altcoins. Folks, Salir, Met, Bell, ID,

[38:17] Hey, Alo, Eva, Toshi, GEY. That is, you see a huge number of coins. [music] Why again? Because I trade setups. I don’t care at all what the coin is called or who created it. I don't know any of this.

[38:31] I don't care. I only see the graph and I only see the changes in the indicators. I am trading the setup. What is this setup ? It is a combination of changes in various

[38:44] metrics such as open interest, funding rate, long/short ratio, and market delta. I analyze this and, based on the changes, make a decision about entering a position. [music] The setup for the market is uniform.

[38:58] It could be on a Dex coin today and on a Shmex coin tomorrow, you know? That's why I trade different instruments. I'm not tied to one Bitcoin, one Ethereum, or one altcoin . I trade the entire market. Today

[39:12] one coin is pumped, tomorrow another. Money flows from coin to coin. So my job is to track where this money goes. To do this, I created my own tools that scan the entire market and

[39:26] conveniently show me where what is happening. You can watch a separate video on my channel about the bots and market screeners that I use. So, friends, after analyzing all my transactions, the exchange, in all fairness, should have

[39:38] written down how much I spent in commissions, but if people knew about this, their hair would turn grey. Of course, the exchange doesn't show this. This can You can't do that either,

[39:51] because you don't download or export your data, you don't do any analysis. 95% of all my orders I close exactly opposite to you. That is, you [music] trade 95% of orders as market orders with the highest

[40:08] commission and also with slippage. I trade 95.6% of my trade 95.6% of my total volume with limit orders, with no slippage and three times lower commissions. That is [music] with a

[40:23] turnover of 300,000 dollars in relation to 16,000 thousand dollars. Taking into account these have in a single trading account, in a month I made about 20-30 turnovers of the working deposit that I have

[40:39] clear that I can give more, but only as a working unit, because I usually do not go beyond $5,000 in open

[40:51] positions. Why should I keep 50 or [music] 100,000 dollars in my trading account? Yes, even if it were $100,000. 5% net profit per month is astronomical for any thinking person . People who have money

[41:06] and who understand that they can, by taking actions that involve virtually no risk, trading correctly according to the right trading strategy, earn 5%, working for two weeks, several hours a day, for them this

[41:20] result will already be impressive. Not to mention those who have a deposit of $10,000 or $5,000. The point is that I paid $123 in fees , just $123. If I traded like everyone else, with market orders,

[41:35] I would have paid $550. And this is in a model with 1% slippage. [music] And since the orders are $1,500, I would have an average slippage of 0.2%.

[41:47] I would pay $700 instead of $500 . That is, I simply saved myself at least 600 dollars on absolutely the same actions and did not give it to the exchange. Friends, what can you do with these 600 dollars ? Invite your entire family and

[42:02] friends to a restaurant, feed them to the brim, buy gifts for the children, pay for some important health procedures for yourself. That is, this is money that you keep, and not throw away. Besides this, I could also

[42:17] make money from funding, because there is also a commission for funding. That means also a commission for funding. That means I was paid commission 260 times this month . I was on the side that does not pay

[42:30] the commission in 78% of cases, and on the side that does pay the commission, and only in 77 cases where I paid. But because of literally one of the last transactions, the very last transaction, where, to

[42:42] be honest, I didn’t hedge enough, didn’t follow up enough, this Home transaction, look, yes, it closed in the black. That is, on this deal I took 11% of the net movement on my working volume of 1,500. Yes, the trade closed with a profit of $85,

[42:57] but I paid $80 in commission. You see, here I paid $80 to hold the short. And here I paid $30 to hold the short. That in the plus. Sorry, the deal closed in profit. I just broke even. But

[43:12] I have a small minus due to financing here, only on these last two transactions, which are almost the most recent ones for the month, I paid 111 dollars. Although, for the same Home, which financing fee, I had two profitable trades of $50 and $84. But overall, if

[43:28] I had paid $100 less for financing, you see, I would have had an additional $40 in financing profit. And thus, having received an additional bonus simply because in most cases, in 78% of

[43:41] cases, I am on the side, who earns additional money for transactions, my commission would be even smaller. 90 dollars. $90 for a dollars. $90 for a $300,000 turnover instead of a minimum of $550. And with

[43:55] slippage, it would have been $ 700-800. So, friends, this is an incredibly important topic and an incredibly important video that every trader, experienced and novice, should hear. Because when at the end of the year or at the end of the month you

[44:10] analyze your profit and you look: "So, [music] I made 63 trades in a month, traded 40 coins, earned $6,000 in profit, and

[44:22] lost $700. This way you have your, so to speak, profit factor. [music] What is your mathematical expectation per trade? That is, what does that mean? It means that you have your winray, which shows

[44:37] how many profitable trades you have, how many losing ones. In my case, 50 profitable, 13 losing ones. The average profit for each profitable trade is $120. The average loss per losing trade is $57. These are the only numbers

[44:54] trading. The number of profitable trades in relation to losing ones and how much one profitable trade and one losing one brings you. And then you get [music] mathematical expectation per trade. This is the

[45:07] mathematical expectation per trade. This is the foundation, the foundation. This is the most important thing you should calculate in your strategy . And so that you understand it over time, it essentially, if translated into Russian, tells you:

[45:22] translated into Russian, tells you: "If I open any trade right now , [music] trading the way I'm trading now, adhering to the analysis method and the strategy I have now,

[45:35] what will my expectation be? This is big data. They are made up of hundreds of thousands of transactions over time. If you are a disciplined trader, this is the most important figure that will determine your entire long-term results. Because

[45:51] if you know your expectation for each trade, you can control how much you earn. If you work more days , you make more trades. More deals. Every deal is multiplied

[46:05] by the expectation you have. If now I have made 63 significant transactions, not counting those which, I say, I simply closed some remains, 63 significant transactions, completed with my working volume. As you can see, it does

[46:20] n't jump for me. Look, I almost always have it fixed. 1.400, [music] always have it fixed. 1.400, [music] 1.300, 1.500, 1.200, 1.500, 1.400, 1.300 1.800 1.900 [music] 1.900. Somewhere a little less, somewhere a little

[46:34] more. But this month fits within my median, my working figure. This is a discipline. Not when you work on instinct. Right now I feel like the coin is going to fly , I'll put 10,000 dollars here, but here I'm not so sure, here 500.

[46:49] Here five, here six. This is Humpty Dumpty. This is not trading. This is an absolute lack of a mathematically [music] calculated trading model. You came to the financial markets to make money and don’t understand or know how,

[47:02] mathematically, your profit in trading should be calculated. Do n't you think this even sounds funny? Discipline is not when one successful Discipline is not when one successful trade earns 50% of your deposit or

[47:15] one unsuccessful one drains a third of your deposit. [music] This is when you practically every trading instrument, in my case this month 31 out of thirty children of coins that I traded were closed in the plus.

[47:28] These coins were closed in the minus, in the minus, slightly. These five coins were unprofitable instruments, these are profitable instruments. Worst trade of the month - $120 loss, best trade of the month - $300 [music] loss. This

[47:42] means that the best trade accounts for only 7% of the total profit, and the top three instruments account for only a third. This means that the result does not depend on one lucky [music] coin or one lucky trade. This is systematic trading.

[47:57] , little by little, little by little , little by little, little by little. Every deal brings a little money into the house, so to speak [music]. Little by little, little by little little. This is called trading. Everything else is called luck, casino,

[48:12] betting, whatever you want to call it. And, as you know, friends, in casinos and betting, either the exchange or the bookmaker always wins. Both the exchange and the bookmaker will definitely take their money from trading commissions. And this whole video was

[48:28] built around trading fees and real money that you can keep [music] in your deposit. Because the exchange doesn't care at all whether you are a profitable trader or a losing trader. [music] The exchange covers its expenses for

[48:42] the commission you will incur. [music] And the larger your deposit, the more And the larger your deposit, the more you will pay unless you restructure [music] the principle of opening and closing your transactions. If you are aiming for

[48:56] serious, long-term, [music] methodical, systematic, profitable, effective work, [music] trading over the long term, and not trying, like 90% of the people who come here, to get some magic button

[49:10] that gives free money, there is no such thing in trading. This is work, friends. There is no easy money here. But if you work correctly, you can make money here . And it’s not just possible, it’s necessary, because we work in a market where 95% of

[49:26] because we work in a market where 95% of people have no information or knowledge. People come here for quick money, and they themselves quick money, and they themselves

[49:40] smartest in this market, trade against the market maker or some crazy funds. You just need to

[49:52] inexperienced and uninformed beginner traders little by little, like a hen taking a grain. As harsh as it may sound, if you're getting into trading, here are the rules: you can only make money from the mistakes of others. And we have analyzed at least one of these [music] mistakes in

[50:07] great detail today in this video. a market order trading mistake that will eat up a huge chunk of your money [music] and your deposit over time. I hope that after this video you will trade like me,

[50:22] correctly, with limit orders, and your trading commission costs will be significantly will watch this video, but I can say with absolute certainty that this information will save ordinary people, ordinary traders, several hundred thousand dollars or perhaps even millions of dollars

[50:37] dollars And the only gratitude you can do is to like and comment on this video, maybe write a few words of gratitude and

[50:50] say what you liked the most . Be sure to subscribe to my Telegram channel, there you will find much, much more [music] practical information, market reviews, which I do not post on YouTube.

[51:02] A huge number of useful podcasts, simply dozens of podcasts on the topics of trading strategy, [music] analysis of dozens of trading mistakes that novice market participants make. Just put in more information

[51:19] Telegram channel. Subscribe, communicate, learn information and improve your trading results. Friends, thank you for your attention.