Binance futures trading strategies turn $1000 to $10 000 | how to trade binance futures

Summary

This video series introduces a detailed trading strategy for cryptocurrency, focusing on converting an initial $1,000 deposit into $10,000 using specific patterns and the Volume Profile Visible Range (VPVR) on platforms like TradingView and Binance. The host shares insights from a crypto masterclass, discusses the importance of risk management, and encourages joining their Discord community for further trading signals and support. The strategy's effectiveness is demonstrated through live market predictions and past successful trades, emphasizing the M pattern's prevalence in bear markets.

Takeaways

• 😀 The video is part of a six-part series on trading strategies, starting with a $1,000 deposit attempt to turn it into $10,000.
• 📈 The presenter shares a specific trading strategy used throughout the series, which is also covered in a free crypto masterclass on YouTube.
• 🔗 Links to the crypto masterclass and other resources are provided in the video description and via pop-up windows during the video.
• 📊 The video combines trading patterns with a tool called VPVR (Volume Profile Range) to make trading decisions.
• 💻 The presenter prefers using TradingView for VPVR due to its clarity and less cluttered interface compared to Binance.
• 🤑 The video mentions a potential welcome bonus of up to $30,000 on Binance for new users who sign up through a specific link.
• 🗝️ By signing up with the provided link, viewers gain access to a community on Discord where trading ideas and signals are shared.
• 📝 Emphasis is placed on the importance of watching the eighth class of the crypto masterclass to understand trading patterns.
• 📉 The presenter discusses successful trades made during live streams, highlighting a high success rate and the importance of risk and money management.
• 📅 The video includes a clip from a previous live stream where market predictions were made and later came true, demonstrating the strategy's effectiveness.
• 📝 The importance of identifying chart patterns, such as the 'M' pattern, especially in a bear market, is discussed, with a recommendation to watch the eighth class for more details.

Q & A

What is the main goal of the video series mentioned in the script?

The main goal of the video series is to demonstrate a trading strategy that aims to turn an initial deposit of one thousand dollars into ten thousand US dollars by executing a plan across six videos.

How can viewers access the crypto masterclass mentioned in the script?

Viewers can access the crypto masterclass for free on YouTube, either through a pop-up link or by finding it in the description of the video.

What is the significance of class number eight in the context of this video?

Class number eight is significant because it covers trading patterns which are essential for understanding the strategy being discussed in the video.

How can viewers obtain the VPVR (Volume Profile Range) tool mentioned in the script?

Viewers can obtain the VPVR tool on platforms like Binance or TradingView, with a free subscription if they don't have one on TradingView.

What is the benefit of signing up for Binance through the provided link in the script?

Signing up through the provided link gives access to a community and potential welcome bonuses of up to thirty thousand dollars, depending on deposit and trading volume.

How does the speaker engage with the community outside of YouTube?

The speaker engages with the community through a Discord server, where they share trading ideas, signals, and access to future drops.

What is the speaker's stance on taking credit for successful trades?

The speaker does not want to take full credit for successful trades, acknowledging that viewers are the ones applying the strategies and putting in the work.

What is the importance of risk and money management in trading as mentioned by the speaker?

Risk and money management are crucial because trading involves inherent risks, and it's important for traders to apply these principles to manage potential losses.

How does the speaker use the term 'M pattern' in the context of trading?

The 'M pattern' refers to a specific chart pattern that the speaker identifies as being particularly prevalent in a bear market and useful for predicting market movements.

What is the speaker's preferred trading strategy and time frame?

The speaker prefers swing trading and finds the one-hour time frame to be effective for making more money in the Futures Market.

What additional resources does the speaker offer to help viewers with their trading journey?

The speaker offers a book on chart patterns for free, access to a Discord group for interaction and support, and plans to create more videos on different trading strategies.