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.
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