Trading Basics Explained Simply — Step-by-Step Guide & Transcript

[00:02] explain everything about trading as if you were 5 years old. As clearly and in detail as possible, using examples of your own transactions, so that it is clearly understood how everything works. Let's not delay and get started right away.

[00:26] random candles that appear out of nowhere . No, behind the schedule we have people’s actions. Someone entered a trade, someone exited a trade, someone locked in a position, someone added to a position and joined a trade, someone was stopped out

[00:40] , someone's pending orders were triggered and they entered a trade. And it is from all the actions of people that we build our schedule. Each candle shows what people did. Therefore, in order for us to make money from trading, we

[00:54] need to know where people make their decisions. So the first thing we need to start with is understanding that we are only trading active coins. This is very important because if we trade unknown

[01:07] coins, our strategy will not work, since inactive coins are traded only by correlators, robots, market makers, and a couple of people. But what kind of earnings can we talk about when people don’t trade the coin? Therefore, it is

[01:21] important to trade only active coins. We find them using screeneragaz. To do this, you need to set up your workspace in this format. To do this, go to the settings and select the tab, set the active coins, and

[01:34] check the box. We also have a very cool feature in our screener. We go to the automatically show us horizontal levels, trend levels, slopes and also densities, from which we can take a rebound or use

[01:49] these densities as our entry point, entering into density erosion. We also set mandatory criteria for indicators and technical data, and as a result, we receive a fully configured, ready-to-use workspace with the most

[02:02] active coins on the market. I'll leave a link to the screenerdigash in the description below the video. Now let me tell you about my trading strategy. What does it consist of? In the most easy and simple language possible. It is important for us to enter into

[02:15] transactions with goals. That is, on the chart we should see good, clear goals. As, for example, in this deal on a Chinese coin. There are hieroglyphs written here. We'll first criterion we have on the fifteen-minute timeframe is that we have good, clear

[02:29] targets in the form of long levels. And it is precisely behind these levels that people place their stops, because these are clear highs. Here the screeners marked them for us, and we don’t need to do all this manually, but everything is already completely ready. And now we understand

[02:42] that, Aha, we have clear highs that hit one area, one zone, and they formed several touches at one point. This suggests that people were shorting the coin as they approached this place , protecting this area and placing their

[02:58] stops right in this place behind these highs. That's why we understand that, yeah, if we have one high, a second high, a third high, then stops are hidden behind these highs, there's a lot of liquidity, and the market follows

[03:10] liquidity. Therefore, we will use this formation, these lair levels as our targets and we will hunt there, gaining our position. And these very goals will be the takes . I would also like to draw

[03:23] attention to the fact that the coin is very active. It has grown by 35% in a day, is at the top of growth, and also has 3 million transactions. This means that, firstly, everyone sees the coin at the top, and secondly, a large number of people trade it

[03:36] , because we select coins with at least 1 million transactions in 24 hours. And also those coins that are at the top in terms of growth, decline, and number of transactions. this coin is suitable for our

[03:50] trading. And the formation also suits our trading. Now let's figure out where to enter a trade. To do this, we switch to a more local timeframe of 5 minutes and see what we have here. What interesting things did the coin show us

[04:02] , what information does it have that would allow us to go and hunt for these long targets, for long levels. And here we have a good, clear trade, an accumulation of strength. And this is precisely our

[04:16] decisive place, because our coin hit the level and rolled away from it. It has started a local short trend. After that, she formed a trading company. And the trading floor is always a place of uncertainty for us, because inside

[04:31] the trading floor we do nothing. We only enter with the force of people at the moment of a breakout of the trading level. And our breakout at the trading level can be either long or short. If we had a breakout into shorts here, it would indicate that the

[04:44] short trend continues locally. And if our coin went long, it would indicate that the local short trend is collapsing and changing to a long trend, and we are just reaching long levels. Therefore, our

[04:58] entry point here will be at the breakout of this trade at the moment of the break, at the moment when the longs are defeating the shorts and when our movement from a locally short position is already starting to turn towards a locally long position. To

[05:13] enter a trade most profitably, we switch to a one-minute timeframe, an even more tilt. We see a pattern that, Aha, our coin is being squeezed towards this trade towards the final lang column. Yeah. And when we bend over, we

[05:28] don't enter the intersection of the bend, but rather the first high that has been traded. This is very important because people don't put their feet behind the slope, they put their feet behind a solid, clear wall. And for us, such a place is the level, density, and

[05:44] also highs and lows. There must be a clear, understandable place. In order to enter into a deal more profitably, we open a glass. And here we can see limit orders, densities, purchases, sales. What are people doing with

[06:00] this coin right now? The chart is a superficial reflection for us, but the glass is something deeper. Shows what is happening now. And we also pay attention to where we will enter. Right now our coin

[06:13] hit our trading platform , the final link level that we had at this trading platform, and started to bounce back. We're already ready to start watching here. Yeah, they put 1.5 million purple density on the futures.

[06:26] Let's see what happens to her. Also pay attention to the right glass. This is a glass of Bitcoin sweat. And Bitcoin also has high densities in support. That is, we have a density on futures on our Chinese coin itself . Now they've also set

[06:39] the density to 0.22. Yeah, I'm clearly pushing the price up. And they are also pushing up the price on Bitcoin. That still acts as a correlator. And here we look at the first press whether it is a round number or not. The density here was not on the round, so we

[06:53] need to make sure whether the density is real or not. It is also very important to observe the coin before the transaction itself. What is she doing? I was actually watching this coin right up until the deal and saw that the glasses periodically adjusted the density to 1.5

[07:06] million and did not remove this density. Therefore, in this transaction, I am entering a long position my pillar will be located just behind the density, which is at the 21875 mark. I will stop at it, because the

[07:21] to realize it, and now he has set it up again . Plus, they are pushing up the price of Bitcoin. Plus, we are now already near the intersection of the first high at the trading level, and therefore this is the most advantageous point for us to enter with the least

[07:35] risk. Our stop is for density, it is about 1%, and our take profits will be up to the final long levels, which will be about 10%, that is, the transaction ratio of 1:10 is very good. It is also important to remember the ratio.

[07:49] Next, we begin to support the transaction. Now, as soon as we cross the 0.22 round number, the first traded high, we have stops, and after this trade, the stops of the shorts start to work. And from a local

[08:03] short trend, our movement develops into a long trend. And let's see how it was in our glass. We stand and bargain in front of a round number. Bam, they broke through, they crossed. Our activity has increased. Little by little, people,

[08:16] shorts, on the contrary, began to exit and fix their positions. They are beating us at stop, the movement is going on and we are already even seeing one to two. In just a couple of minutes, the ratio is one to two. Plus 2,000 dollars is now stretching. And if you want to receive

[08:30] training materials on trading, ready-made formations with already marked scenarios, and also a formation on the Chinese coin, I also posted them to the team of pot-bellied people. Here we have clear goals and ready-made scenarios for trading. The first scenario is exactly the one

[08:45] I used to break out of the trading trend, to break out of the long slope. Our second scenario was from a retest of this trade. And the third scenario here is a breakout of the final levels after trading below them. As

[08:58] a result, in this deal I went with the first scenario, and everything was clearly and structured as much as possible . This makes trading and making money from also have tournaments in our Pluzachi team where you can win

[09:12] good prizes. For first place - $1,000, for second place - $500, for third place - $200. For fourth place, the bonus is access to the Puzychi team for 6 months. For fifth place, bonus access to the Digash screener for 6

[09:24] months. And the guys share their formations in the chat , trade, share experiences, and earn more and more from trading . Join the potbellied team. Let's pull the green stuff together. As a result, we entered into a deal. We immediately started to

[09:37] see some greenery. We crossed the decisive place, the market itself. We have experienced a breakdown in the structure, and then we will follow the position, pull it to the final-lang levels and then we will close the position. But it is also important to

[09:50] take into account during the transaction itself that we may add scenarios, or remove some scenarios, or something else may happen. Therefore, it is important to always pay close attention to the position itself. If you enjoy these types of deal breakdowns, please

[10:03] comments. This way I'll know you're interested. It was already too late at the time of the deal . I left it overnight and set up alarm notifications before going to bed. They were

[10:17] near my stop and also near my take profit. And when my position would approach the decisive point, where I need to make a final decision in the form of a stop loss or a take profit, everything would beep for me, I would wake up and then

[10:31] work out the deal as needed. But in general, I don’t recommend leaving transactions overnight, because they take a lot of time . And if we enter in the format we're currently using, scalping, then when we approach the decisive point, we need to

[10:43] wake up, and that could disrupt our routine. Therefore, it is profitable to leave a trade overnight only when this trade can bring a good profit. For example, in this case we have a ratio of 1 to de. Therefore, this

[10:56] deal was profitable, and therefore it could be left overnight to take a good profit. You can't just miss good formations that can bring good profits. Therefore, it is also important to take this into account. If we have a controversial

[11:08] ratio is small, then it is not profitable to leave it overnight. But if we have a good formation, a good ratio, a deal that can bring a big profit, then it is profitable to leave it overnight. And here I set up notifications and after

[11:22] they were triggered I woke up and went to the monitor. Here the coin has already begun to approach the final lair level. There was also a round number 0.24. I just placed a notification in it. We're getting there now. Bambam. Notifications

[11:35] are starting to trigger. The density was eaten at 0.24. And then everything starts moving, going long. And then I woke up and started to approach the monitor. Yes, the mouse twitched and came closer. I was on track for a gain of $12,000, but my goals were higher,

[11:49] because the first goal was to drink up all the long levels we had. And the secondary goal is to reach the round number of $0.25 and break through the round number. Therefore, here I see that activity

[12:02] is maintained, the coin is being accelerated, and the density is supporting. Therefore, I plan to remain in the deal here for a while longer and take control of the further development of the movement. By the way, there was another level higher up, but it was already quite far away, so we had to

[12:15] watch how they would eat up our 0.25. And after that, if there is . That is, take it as an additional bonus. Therefore, it is also important to monitor the levels, the glass formations, and what is going on with us in general. And I also wanted to

[12:28] say that the downside of night deals is that your head doesn’t work very well at night. That is, you wake up so sleepy, it’s hard for you to think, it’s hard for you to make a decision, you’re so sleepy, cottony, wooden, heavy, tight. So this is

[12:42] your condition. And that's why it's not always possible to competently work out a deal according to the template that's currently happening to you. Because at the moment it is very difficult for a sleepy person to make a good decision. This is also important

[12:55] to take into account. And that's why, just before the deal, we prepare our entire workspace, what we will do when we wake up, so that it doesn't happen that you wake up and hesitate, not knowing what to do. And it should be like this:

[13:07] you wake up, hop-hop, work everything out clearly and go back to sleep. Here we are already approaching the closest high we had, which is plus $12,000. I'm watching, waiting for it to break through. We still have 0.25, a round number, in front of us

[13:21] . It has density, so first I want to take away the density erosion and take an additional movement after all the erosion. That's why I'm watching and looking at what's happening in our glass right now. The activity is

[13:33] good. Our coin doesn't roll back much, but on the contrary, it starts that's okay. It is also important to take into account that we may begin to bargain before some decisive point. We don't always

[13:46] leave one place right away. Bang-bang, everything is gone. No, first people pay attention to this place, then they start bargaining, accumulating accumulation that good movements occur. Now we are already approaching

[13:59] 0.25. I'm looking at what's happening in our glass on the chart. And now pay attention to the futures glass. We have a high density, 2 million coins per number 0.246. And this is the same participant from whom we entered. And

[14:14] here I see that, Aha, we have support in the form of density, so it is profitable to sit on it. And if this density is corroded, then the products will come out and the position will be fixed. Here I also had such a volume that I bought

[14:26] I also had such a volume that I bought about 0.5% 0.7% of the glass. Therefore, it was beneficial for me to go dense, so as not to eat against myself, so as not to shorten my own greenery. Here we have now removed this density. We are watching to see if they will

[14:38] put it back in, put it higher, or remove it altogether. Yeah, they moved it up by 0.248. This means that the density is 100% real and they want to implement it. And our activity has also increased significantly. And here

[14:52] we have reached a point where we have a round number of 0.25 in front of us and a density in the form of resistance. And we also have support in the form of a round number of 0.248 and a density of 2 million. Therefore, we stop at this density of 2 million. This is already our stop,

[15:07] which is in the plus. That is, there we fix the position in this density. We'll be going out . But, of course, I would like to take another distribution of 0.25, because we round number, and therefore an additional impulse can come. But it’s also not worth being greedy,

[15:20] sitting out deals and waiting for something to happen . Therefore, it is better to go into the details and base it on what we currently have at this time. There's a lot of activity, we're standing between two places, and people are arguing among themselves, they can't

[15:32] decide who's stronger, which way to go. Now they are already approaching our density. For now, they are not touching her. We are standing, if anything, we will be fixed in its corrosion. Also not for density, but into it, so that we don’t buy a glass against ourselves

[15:46] . Because the volume I'm in the deal for is $111,000, which is about 700,000 coins. Therefore, it is possible to buy 0.5-0.7% of the glass and, out of the blue, lose 500-700 dollars. Therefore, it is necessary to go out

[15:59] precisely into the corrosion of density. Now that there will be about a million coins left, I will go there. 1.5 million. Now the minute transition has happened. A little bit long. A little more long purchases have appeared. I really want to

[16:11] eat this density at 25 and take some extra movement. It all looks very tasty. But we can’t , we can’t all go long there density. Also, by the way, in such

[16:23] sit it out, right? There, for example, it is better to exit and fix the density at 02.248 in 15 million. Because usually, when we are trading at a high and the density is, yes, like now, I’m already exiting, that’s it, I’ve exited, fixed it, then

[16:36] after this density is distributed, big losses and big drops often occur . That is, in order not to cut your own profit, it is better to fix the position and not be greedy, not to sit it out. Now we have eaten up this

[16:49] density and are slowly starting to fall. But here we didn’t fall much, but on the contrary, we continued to grow. And here is a very important point, which I told you about, that concentrated. And here, ideally, it was necessary to enter a second transaction,

[17:03] go long, erode this density by 0.25 and work out this formation in two transactions, additionally earning from this breakout of a round erode a round number, plus there is an even higher level that we can take

[17:18] further movement behind it. Now the density has been eaten up, the stop-losses have worked therefore it is profitable to extend the deal beyond this level, to take advantage of the good activity, and movement, as you can see , is underway. And

[17:32] plus, a new density of 0.25 has already been added in support. Therefore, it is very difficult to trade in a sleepy state and we need to take into account all the nuances that case, it was necessary to work out the formation in two transactions and take in

[17:46] additional movement. And here you could additionally take another 2-3,000 dollars into your pocket. Now we are approaching a round number of 0.26. And fix the position. This is a very good place. We've already crossed everything, there's nothing

[18:00] much left. That's it, come out and record it. And if you want to receive more live analysis of my trades, what I do, what formations and coins I trade, what I do in life, posts on psychology, and lots of

[18:13] useful information, then join my Telegram channel. I'll leave the link in the description below the video. We inflate the big belly and pull out the green stuff. In the end, this is how the team of pot-bellied people worked out the deal. Our coin was at the top of growth. There

[18:25] were a lot of transactions, she was very active. Graphically, we had good long targets. Our entry point is at the moment of breakdown of the structure. Our stop was located behind the density in support, and our takes were located after crossing the

[18:38] final long levels before the round number 0.25. And we were fixed in the density that we had in support. That is, as soon as they started to sit down, I left the position. As a result, I was able to gain +12% of the movement from this transaction

[18:52] and earn + $1,700. The deal was extremely strategic, and when we follow all the rules in trading, we will get the corresponding results. If we do everything according to the rules, everything strictly according to the strategy,

[19:06] then we will earn money from trading. And in order to write down the strategy, we use this template. The first thing we do is select coins. The second is the formations we trade. Third is the entry point. Fourth - stop. Fifth - take.

[19:19] Sixth, how to behave in position. Seventh - psychology. All this should be written down in your trading strategy. You can assemble it using this video or by watching the team of pot-bellied people. In trading, consistency and

[19:32] discipline are important; only then will you achieve good results. Write in the comments what topic to cover in the next video. Like the video and subscribe to the channel. Thank you all very much for watching. Let's shake hands, enjoy ourselves, and have fun. We

[19:44] inflate the big belly and pull out the green stuff. Goodbye. Bye. Goodbye. Bye. Bam. Ah!