1 Minute SCALPING STRATEGY Makes $100 Per Day (BUY/SELL Indicator)
Summary
TLDRThis video tutorial offers a strategy to potentially earn $100 daily by trading on Bybit, a cryptocurrency exchange. The presenter guides viewers through setting up an account, depositing funds, and opening positions. They recommend using TradingView with specific indicators, including linear regression, UT bot alerts, and STC, to identify entry and exit points for short-term scalping trades. The video also provides links for discounts and bonuses, and mentions alternative platforms like Bitflex. Additionally, the presenter highlights a job board for crypto-related employment opportunities.
Takeaways
- π The video offers a strategy to make $100 per day by trading on Bybit in 2024.
- πΊ The first step is to subscribe to the channel for updates on the trading strategy.
- π A link is provided for Bybit to create an account and receive a $50,000 bonus.
- π° The process of depositing funds into the Bybit account is explained in the script.
- π The strategy involves opening positions using derivatives and selecting the USDT perpetual contract.
- π A short-term scalping strategy is recommended for making profits from daily small price movements.
- π‘ TradingView is used with specific indicators for entry and exit signals in the strategy.
- π The one-minute time frame is suggested for the best results with the scalping strategy.
- π The UT bot alerts indicator is crucial for confirming entry signals in the strategy.
- π’π΄ The STC indicator helps to avoid false signals, with green indicating a long position and red a short position.
- π Links to Bybit, Bitflex, and crypto jobs.com are provided for further trading and job opportunities in the crypto space.
Q & A
What is the main topic of the video?
-The video is about teaching viewers how to make $100 per day by trading using a specific strategy on the Bybit platform.
What is the first step mentioned in the video for making money through trading?
-The first step is to subscribe to the channel where the video is being shown.
Which platform does the video recommend for trading?
-The video recommends using Bybit for trading.
What bonus can a new user get if they sign up for Bybit using the provided link?
-A new user can get $50,000 in bonus by signing up for Bybit using the link provided in the video.
How does one deposit money into their Bybit account as per the video?
-To deposit money into a Bybit account, one needs to open the account, click on assets, select deposit, choose the coin they want to deposit, confirm the details, and complete the transaction.
What is the recommended order type for trading on Bybit according to the video?
-The video suggests choosing between limit, market, or conditional order types for trading on Bybit.
What leverage is possible on Bybit as mentioned in the video?
-Up to 100x leverage is possible on Bybit, as stated in the video.
What is the recommended time frame for the short-term scalping strategy discussed in the video?
-The video recommends using the one-minute time frame for the short-term scalping strategy.
What indicators are used in the trading strategy shown in the video?
-The indicators used in the strategy are Linear Regression Candles, UT bot alerts, and the SDC indicator.
How does the video suggest to confirm entry for a long position?
-The video suggests confirming a long position when the UT bot alert indicator issues a Buy Signal, a green linear regression candle closes above the white line, and the STC indicator is green.
What should one do to exit a long position according to the video?
-To exit a long position, the video suggests waiting for a linear regression candle that closes red and then closing the trade for a profit.
What are the conditions for entering a short position as per the video?
-The conditions for entering a short position are a red linear regression candle closed below the white line, a Sell signal from the UT B alerts, and the STC indicator being red.
How does the video suggest to find job opportunities in the crypto universe?
-The video suggests visiting crypto jobs.com, a job board created by the video creator, to find job positions all across the crypto universe.
What is the alternative platform suggested if Bybit is not available in one's country?
-If Bybit is not available, the video suggests using Bitflex, which offers a $68,000 bonus.
Outlines
π° How to Make $100 Per Day Trading in 2024
In this video, the creator shares a strategy for making $100 per day through trading. The steps include subscribing to the channel, creating an account on Bybit, depositing funds, and opening a position. The creator explains how to use Bybit's interface to select assets, order types, and leverage, and demonstrates the steps to open long or short positions. The strategy focuses on short-term scalping using small price movements. Detailed instructions are given on using TradingView and specific indicators like Linear Regression Candles, UT Bot Alerts, and SDC to confirm trades. The video emphasizes the importance of setting stop-losses and taking profits based on indicator signals.
π Practical Example of a Trading Strategy
The creator provides a practical example of a trading strategy using Bybit and TradingView. They explain how to identify long and short position opportunities using the Linear Regression Candles, UT Bot Alerts, and SDC indicators. Detailed steps are provided for setting up the indicators and interpreting their signals. The creator also highlights the importance of a stop-loss and explains how to exit positions profitably. Additionally, there is a mention of Crypto Jobs.com, a job board for the crypto industry, which the creator has developed and is now growing rapidly. The video concludes with a mention of another profitable trading strategy available on the channel.
Mindmap
Keywords
π‘Trading
π‘Bybit
π‘Deposit
π‘Position
π‘Leverage
π‘Short-term scalping strategy
π‘TradingView
π‘Indicators
π‘Buy Signal
π‘Stop-loss
π‘Linear Regression Candle
π‘STC Indicator
π‘Crypto Jobs
Highlights
The video provides a strategy for making $100 per day by trading in 2024.
To get started, viewers are encouraged to subscribe to the channel.
The second step is to create an account on Bybit to trade, with a potential $50,000 bonus using the provided link.
A demonstration on how to deposit funds into the Bybit account is given.
Instructions on how to open a trading position on Bybit are detailed.
A short-term scalping strategy is introduced for making profits from daily small price movements.
TradingView is recommended for selecting trading pairs and time frames, with a specific setup for indicators.
Linear Regression Candles indicator is set with specific parameters for signal smoothing and visibility.
UT Bot Alerts indicator is used for entry confirmation with customized key values and ATR settings.
The SDC indicator helps in avoiding false signals and determining the color conditions for entering positions.
Conditions for entering a long position are explained with specific indicator signals and color conditions.
A method for setting stop-loss and taking profit from a linear regression candle that closes red is described.
The presenter shows examples of long positions and the exit strategy for profit.
Instructions for signing up on Bybit with full KYC are provided for viewers to start trading.
Alternative trading platform Bitflex is suggested with a $68,000 bonus for users outside Bybit's availability.
Conditions for entering a short position are outlined, including indicator signals and color conditions.
The presenter demonstrates a profitable short position trade with the described strategy.
Crypto Jobs is mentioned as a job board for crypto-related positions, aiming to become the biggest in the world.
A teaser for another more profitable trading strategy video is given.
Transcripts
in this video I'm going to show you how
you can make $100 per day by trading
based on a strategy that I'm using
myself this is all up to date for 2024
let's get straight into it step number
one is to subscribe obviously to my
channel step number two is to continue
watching so uh step number three then
logically will be to create a account
that you can trade on that will be bybit
we will use bybit for this video and you
can actually get $50,000 in bonus if you
use my link down below and before we
even start trading we need to First
deposit money to buybit I'll show you
how to do that for this you just open up
your buybit account here you click on
assets you click on deposit then you
choose the coin you want to deposit you
confirm the details and um that is easy
as that after you've deposited your
funds I want to show you now then how to
actually open a position cuz you need to
know that before I teach you the
strategy you click on derivatives at the
top of your menu bar click on usdt
perpetual and it will take you to the
corresponding trading interface select
the asset you want to trade here in the
upper left corner now you choose your
order type from limit Market or
conditional and finally you choose your
leverage of course up to 100x is
possible on buybit confirm your order
details and click on buy long or sell
short to open your position once your
order is filled you can view the details
under the positions tab so how to make
make $100 per day on bybit in 2024 well
you can do this with a shortterm
scalping strategy that you can adopt to
make frequent profits from daily small
price movements on the smaller time
frames so I'll show you how that works
then so for this you go to trading view
you have a link down below to my trading
view um affiliate link um if you use it
you will actually get a discount on the
pro version but it's free if you want to
use the free version now you select the
trading pair want to trade here and in
this case for example we're choosing
Bitcoin against usdt the next thing you
need to do is select the time frame here
and I would recommend the one minute
time frame to get the best results now
go to the indicators tab type linear
regression candles and select this one
here click on the indicators settings
and then click on input and change the
signal smoothing to seven next click on
style and uh increase the thickness of
the plot line for better visibility now
click here to hide the regular candles
it will allow you to only view the uh
linear regression candles again go back
to the indicators tab type UT bot alerts
and select this one here click on the
settings on the indicator and click on
input and change the key value to two
and the ATR to 11 this indicator will be
your entry confirmation now when it
gives a Buy Signal you open a long
position and when it gives a sell signal
you open a short position for the final
indicator you go to the indicators tab
type SDC and select this one here this
indicator will help you avoid false
signals so you will only enter a long
position when the line turns green and a
short position when it turn turns red so
to make $100 a day we need to have the
UT bot alert indicator it should issue a
Buy Signal the second condition is to
have a green linear regression candle
closed above the white line and the STC
indicator should be colored green now
once all these conditions are met you go
ahead and enter a long position here set
the stop- loss below the white line and
you are not setting the target for now
but you will wait for a linear
regression candle that closes red and
that is when you exit your position in
this case you would close the trade for
a profit here and I'm going to show you
another long position here another
example but before before I do that make
sure to to sign up to buybit below my
video you have the description you have
the link make full kyc and then you can
actually start trading on bybit if
buybit is not available in your country
you can go to bitflex I have a link to
bitflex also down below they give you
$68,000 in bonus now here you can see
that the linear regression candle is
green and is also closed above the white
line you can also see the UT B alerts
issued a Buy Signal here and the STC
indicator line is green so you you will
open a long position here on this candle
put the stop loss under the white line
here and exit your position here at this
first red candle again you would make a
huge profit now for conditions for
entering a short position you will do
the opposite of a long position first
you need to see a red linear regression
candle closed below the white line
secondly you need the UT B alerts to
give a cell signal and lastly the STC
indicator should be red you can see all
these conditions were met here so you
enter a short position right here you
will set your stop- loss here just above
the white line the first candle that
closes green is this one so you exit
your position here you can see that this
was of course a profitable trade and by
the way guys if you want to work for
bybit or binance or bitflex crypto
jobs.com has job positions all across
the the crypto universe so go check it
out crypto jobs.com is available down
below this video it is my job board that
I created for you guys it is now growing
to become the biggest crypto job board
in the world which is absolutely
beautiful and by the way don't miss out
on this other trading strategy I showed
you a few weeks ago it is even more
profitable see you over there bye-bye
Browse More Related Video
My Incredibly Easy 20 Pips a Day Trading Strategy
Scalping Trading Strategy | Siddharth Bhanushali
This NEW TradingView Indicator Is Better Than PREMIUM |Β Best Indicator For Scalping on 5min Chart
Simple Method To Make $100 A Day Trading Cryptocurrency As A Beginner | Binance Tutorial Guide
How To Trade Forex For Beginners in 2024 | Full Tutorial
Bearish Market - Trades For Monday 08-04-24
5.0 / 5 (0 votes)