so a slow day in the overall stock market this morning for trading but a
crazy day in the crypto world I'm gonna show you how I made six thousand dollars
in about five ten minutes in this video so stay tuned what's going on guys like
I said kind of a slow morning it's Christmas on Monday people might be just
not here not trading it seems like that the volume is not there there's not
really anything going on couple stocks moving around this a grx kind of a
bounce play it's moving around it got sold off hard but this morning not
really anything going on but the crypto world is selling off huge at one point
like coin down 50% you can see here I actually did this entire trade live in
the live feed this morning so if you watch the live feed you saw this all
went down I called it out there I was looking for this dip here on litecoin
this morning and I'm trying to show you here kind of why I was looking so you
can see back here beginning of summer we had to support there that 150 area 160
area I was like okay I'm gonna put an order out there I'm gonna try to buy 95
litecoin at that area and we'll see what happens if I get failed I get filled if
I don't it's not a big deal but I'm not gonna chase this I'm not gonna buy and
hope that I can get a bounce here with nothing so this is low daily chart on
litecoin you can see if i zoom in better here the 5-minute chart so we dip down
here to actually 144 so we dipped all the way to 144 I wasn't that worried
about it I thought for sure we at least get some kind of balance here off the
150 area which we did we ended up bouncing from 143 144 area all the way
back up here to 217 I took profit there at 212 you can see my orders here buying
95 litecoin at 156 dollars and then looking for that break back above $200
selling into this push getting 212 fill there you can see the fills
boom boom boom getting filled so it was about 10 minutes took me 10 minutes to
do this trade I called it out in the live stream talking about how I was
gonna do it how I was gonna get in there now put the order out there waited for
the field got filled on the dip look for the bounce this is very textbook day
trading when it comes to you know playing this chart here most crypto
traders or most people who are buying crypto they don't really understand the
basics of chart reading or support all that kind of stuff so that's one
advantage that we have as day traders is we can actually see that stuff you know
this is a typical chart kind of balance that we would play in the stock market
so that's what I was looking for and ended up getting filled here 1:56 took a
profit there at 2:12 the reason I took profit at 2:12 is you can see it really
started going fast fast fast hi-hi God above 220 got above 200 got above 210
and then it got the 216 hard to slow down I was like okay boom I'm out of it
took profit there are 212 got filled took profit made $6,000 in a matter of
minutes so ended up making close to $6,000 no fees no commissions in and out
here using G Dax doing it live in the live stream this morning but just doing
a recap here for you guys to check out actually kind of nice little bounce here
right now litecoin kind of bouncing off a $200 area we'll see this once to get
moving again if this does start to look like it wants to balance I might end up
buying in here we can get a nice support bounce and maybe we can get back up that
250 area well see what happens but beautiful play here this morning on
litecoin and people always ask me like you know why why do i trade
cryptocurrencies or what i do this i mean i'm trading anything if i can trade
cryptocurrencies if i can trade the stock market whatever it is if i can
make some money trading it i'm gonna trade it and that's what's what's so
important really for this is for everybody to understand that there are
opportunities out there don't stick yourself only into the stock market
there's opportunities out there like coin was down 50% this morning it wasn't
easy but it wasn't hard it wasn't it hard traded by any means really you know
buying this support there knowing we had that support there the 150 area I
probably could even put out an order a little bit lower but I'm happy with it
getting that 156 bill taking profit there 212 not a bad day not a bad day at
all and you can see we're kind of bounced off the EMA's right now they're
on a light coin we'll see this can get moving higher just about to walk away I
was just about to press export on this video this morning and SG lb went crazy
ended up getting here on SGG lb for the break above $3 got in there at 291 took
profit they are at 330 beautiful trade on SG lb is thinking about on knowhere
sometimes just they just come out of nowhere you just never really know you
can see all of a sudden this thing's spiked up what was it about 10 o'clock
so at 10 o'clock this thing starts spiking up
I said I was done for the day this thing spiked up and went crazy and Oh God
above this three dollar ear he had some trouble there at three dollars for a
second and then came back kind of balance off the ninety ma got there two
three forty so we went right over three dollars right up there to 340
I took profit at three thirty I wasn't really expecting this kind of move
aspecting like 10 20 cent move but boom right there
two thirty cents three thirty you can see my profit here making three hundred
and ninety dollars there on SGL be making thirty dollars later on DCI X
this morning DCI X was kind of all over the place but not bad not bad at all not
a bad day it's Friday Christmas is on Monday I'm happy Santa Claus came a
little bit early making some money on like when this morning making some money
on SGL be beautiful beautiful beautiful I'm you can see I'm excited I'm happy
and I'm gonna go see a movie now I'm gonna go spend the rest of the day
that's what it's all about really day trading making your own schedule you
know getting rewarded for the work that you put in if you put in the work you
put in the time you can make money in this market you can make money doing
different things trading whatever you want to trade it doesn't matter what
your strategy is as long as you're putting in the effort as long as you're
putting at a time you can do it and it's just a great example of you know great
little Friday here going into the weekend look at SGL be about to explode
again there it is up there two three forty now 350 boom this thing's going
crazy going crazy it's up a hundred and fifty percent right now up there to 350
I'm gonna stay away from I'm gonna walk away take my profit be done for the day
hopefully you guys made somebody this morning SGL be popping up alert in the
chatroom before the move before the actual trade but really a great day so
far and like I said I'm gonna be done for the day making six thousand dollars
this morning on litecoin making three hundred and ninety dollars there on SG
lb can't complain about that I'm gonna be done I'll talk to you guys tomorrow
maybe later on we'll see there goes SGL be above 350 now go in
higher 360 it's on the move here beautiful beautiful talk to you guys
later