Jayson Casper – Crypto Trading Course
Before You Start Trading:
You DO need to decide what type of trader you want to be? This will depend heavily on your lifestyle and responsibilities. The material we are going to cover in this course will apply to ALL of these trading styles. Let me quickly go over them:
Scalping
Scalping is all about making very quick trades. The goal is to make constant profits on the lower timeframes.
Day Trading
It is like scalping, but instead of making trades over the course of minutes, you typically make them over the course of the day.
Intraday Trading
This is day trading, but a style of day trading that allows for holding positions over more than one day to hit your desired targets.
Swing Trading
Swing trading is all about finding support and trading to the next resistance level, or more generally picking an entry and a target and holding the position until your target is hit or other exit conditions are met.
Position Trading
Position trading is like a zoomed-out version of swing trading or like the trading version of investing. Here you’ll try to build/take a long position low or short position high and then stick with that position for weeks, months, or even years.
Let’s Talk Expectations
Trading is NOT a get-rich-quick scheme!
If you try to get rich quick, you will go broke quickly! Even if you start out winning, it’s only a matter of time until you lose everything. The markets will humble you. Take your time, study hard and practice good risk management!
This will take hard work and dedication!
If you have a small account, it will take you some time before you are able to trade full-time! Focus on honing your skills and gaining experience. Remember, the preservation of capital should be your #1 priority. The gains will come naturally if you focus on the preservation of capital!
You Must Create a Strategy!
You will learn how to do that in our other course. Once you create your strategy, you must stick to it, and not only stick to it but execute without any emotion. You need to be a robot. Emotions will only get in the way of your success.
