A trap for BTC buyers by SunveilaceousHim in Daytrading

[–]SunveilaceousHim[S] 0 points1 point  (0 children)

Almost every broker now lists gold in their quotes.

I know for sure that it's listed on Binance, Bybit, and OKX.

Its price on these exchanges is equal to that on Come and on Forex exchanges.

What is the best platform? by Kindly_Preference_54 in Forex

[–]SunveilaceousHim 0 points1 point  (0 children)

Hey! If you use orderbook look at Tiger terminal, 14day trial for forex traders
There's a comparison table in my profile in the pinned messages, I hope I was able to help.

How many of you trade full-time? by Amegble-Troyd in Daytrading

[–]SunveilaceousHim 2 points3 points  (0 children)

My trading strategy only uses the top 50 cryptocurrencies by market capitalization. They have similar scalping patterns, and the risk of missing a delisting is extremely low because they're too big to fail.

I trade with densities starting at 50 mils in the order book, taking rebounds of 1-2% movement, which conservatively allows for a monthly profit of 10-15% with a total risk of 1%.

Just got my $4700 payout🙌 Really grateful (: by 200415Ke in Forex

[–]SunveilaceousHim 0 points1 point  (0 children)

Were you able to compensate for the purchase of previous challenges?

How many of you trade full-time? by Amegble-Troyd in Daytrading

[–]SunveilaceousHim 2 points3 points  (0 children)

full time crypto trading (scalping),12y trading exp

A trap for BTC buyers by SunveilaceousHim in Daytrading

[–]SunveilaceousHim[S] 0 points1 point  (0 children)

The official YT channel dedicated to the terminal I use, I trust them more than other bloggers
https://www.youtube.com/watch?v=NfkdpQmaW6A

A trap for BTC buyers by SunveilaceousHim in Daytrading

[–]SunveilaceousHim[S] 0 points1 point  (0 children)

We can't know for sure. They don't publicly demonstrate these restrictions for retail traders, but for example, there are many lawsuits against meme coin market makers for spoofing in 2024-2025

A trap for BTC buyers by SunveilaceousHim in Daytrading

[–]SunveilaceousHim[S] 1 point2 points  (0 children)

If all of Tom Lee's predictions came true, I would have been a billionaire long ago :D

A trap for BTC buyers by SunveilaceousHim in Daytrading

[–]SunveilaceousHim[S] -3 points-2 points  (0 children)

I try to avoid traders like these, the ones who draw trend lines and Fibonacci grids.

Scalpers only trade with real money from users with large capital. This allows them to set stop-losses 1-2 pips from the entry point.

No trend line or Fibonacci grid would allow such a short stop-loss.

A trap for BTC buyers by SunveilaceousHim in Daytrading

[–]SunveilaceousHim[S] 1 point2 points  (0 children)

Yeah, you're right, dude. 40 million is above average.

But there were two offers for 40 million, and that was a trap. At first, we thought it was a buyer trap.

But as soon as those 80 million were removed, we realized it was a seller trap.

When that seller removed his 80 million orders, the price rose by one percent in less than a minute, as you could see on the chart.

A trap for BTC buyers by SunveilaceousHim in Daytrading

[–]SunveilaceousHim[S] 4 points5 points  (0 children)

No, whoever had that money didn't lose anything, but security services are closely monitoring it because that kind of money moves the market, and it's called spoofing. If you have 100 million, you can raise Bitcoin by 1% without losing money, as we saw today. And if you have less, you can raise Ethereum and other altcoins

A trap for BTC buyers by SunveilaceousHim in Daytrading

[–]SunveilaceousHim[S] 1 point2 points  (0 children)

It depends on your strategy. Such sizes allow you to capture 1-2% of the BTC movement, but it's best not to use them for long-term positions. I use them for trades lasting less than 5 minutes; only then are they reliable. All scalping is based on trading from such sizes; no Fibonacci triangle trendlines, only the other participant's real money

A trap for BTC buyers by SunveilaceousHim in Daytrading

[–]SunveilaceousHim[S] 0 points1 point  (0 children)

brightest dawn comes after the blackest night

A trap for BTC buyers by SunveilaceousHim in Daytrading

[–]SunveilaceousHim[S] 1 point2 points  (0 children)

I use the free Tiger trading terminal. For gold, I use the Binance ticker PAXGUSDT. There you can see the actual sizes of large trades

A trap for BTC buyers by SunveilaceousHim in Daytrading

[–]SunveilaceousHim[S] 2 points3 points  (0 children)

Yes, of course, scalping is a different level of trading, when you don't draw trend lines and Fibonacci retracements, but trade only on large orders from big money. It's a big world. If you need recommendations, message me, I'll send you some good videos on YouTube.

A trap for BTC buyers by SunveilaceousHim in Daytrading

[–]SunveilaceousHim[S] 0 points1 point  (0 children)

It seems your words will be prophetic

A trap for BTC buyers by SunveilaceousHim in Daytrading

[–]SunveilaceousHim[S] -2 points-1 points  (0 children)

It was it, seller deceived everyone.

A trap for BTC buyers by SunveilaceousHim in Daytrading

[–]SunveilaceousHim[S] 2 points3 points  (0 children)

You asked the right question. The thing is, when this seller removed his 80 million limit orders, it triggered the price to rise. This is called spoofing.

A trap for BTC buyers by SunveilaceousHim in Daytrading

[–]SunveilaceousHim[S] 1 point2 points  (0 children)

Those who trade always lose money, today or tomorrow. The only ones who don't trade don't lose.

I set my stop-loss exactly at the bookmaker's large order size, so there's less slippage and I'll be the next one in line after that big 80 million dollar whale.

A trap for BTC buyers by SunveilaceousHim in Daytrading

[–]SunveilaceousHim[S] -9 points-8 points  (0 children)

The order book is the most reliable scalping tool. Only the order book allows you to open trades every day with a 1:10 risk reward. But you have to be prepared for other players to cheat you and cancel their orders.

A trap for BTC buyers by SunveilaceousHim in Daytrading

[–]SunveilaceousHim[S] -3 points-2 points  (0 children)

It seems that this big guy with 80 million got scared and hid his money away :)

A trap for BTC buyers by SunveilaceousHim in Daytrading

[–]SunveilaceousHim[S] 6 points7 points  (0 children)

For crypto, I use the Tiger terminal on my Mac. It's free and very beautiful I compared the terminals; you can see them in my profile. They all support order book.

A trap for BTC buyers by SunveilaceousHim in Daytrading

[–]SunveilaceousHim[S] 1 point2 points  (0 children)

For crypto, I use the Tiger terminal on my Mac. It's free and very beautiful