This Crypto Trading Tutorial is a practical example of how to make 266 trades, win 265 and lose only 1. i.e 99.6% success rate.
This tutorial has been long awaited. As I have received emails from my readers almost every day requesting for tutorials on how to trade cryptocurrencies. A lot of persons have even offered to pay me for the service. My response is usually that I will develop an article for it. So, this is it. In addition this tutorial totally free of charge. If you have the patience to learn, you will make tons of money.
Crytpo Trading it a profitable market right now. If you have sort to learn crypto trading, you must have discovered that people who teach these classes charge as high as $2,000 (i.e over NGN 700,000). This is no exaggeration because I have been invited to 3 different Webinars where this amount was charged for the training. You might think its high, but people do subscribe to these classes and make back their money in a short time. However, not everyone has $2,000 to invest in trading let alone pay for the lesson. That is the essence of this Tutorial to help anybody anywhere start with a small capital, grow it, and make a living out it.
The Blueprint QFT
The strategy I am going to present to you is not mine. It was developed by Luc. Known as QuickfingerLuc on Youtube. Luc has been making a living solely from trading for the past 11 years. He trades penny stocks and cryptocurrencies. He makes a video to show people exactly how he trades Cryptocurrencies; how to identify a good trade, when to buy and when to sell. Luc does not have a private class or anything of the sort. He sees no need to put a price tag on his lessons since he is making money for himself from trading, and believe me he is the best I have seen. His strategy guarantees profit every time
Luc teaches 2 trading strategy;
- Small Account Builder: this is if you starting capital is small (i.e $100 to $1,100). You can quickly grow your account using this strategy.
- Position Trading: This is when you have a large capital.
Note: You can not use a large amount on Small Account Builder Strategy. Because usually, in this market, the market volume is small, so when you buy or sell with the huge amount your orders will only be partially filled because people in that market do not have that amount of money to buy all your order.
I Know some people are new to trading. So, I will start from the very basic and proceed to the strategy. The strategy section has videos by Luc himself. I will also drop a link for you so follow him on Youtube and Steemit. Also feel free to suggest ways in which you think I can make this tutorial better. However, if you are already familiar with trading, you can skip right to the trading lessons. The tutorial will proceed in this way;
- What is trading
- Types of trading Style
- Tool required to trade
- Lesson 1: Quick Finger Trading (QFT) Strategy: Introduction
- Lesson 2: QFT Position Trading – How to identify a base
- Lesson 3: QFT Position Trading and Small Account Builder Strategy
- Lesson 4: QFT Tool for Position Trading(win 265 trades out of 266)
- Lesson 5: QFT How to collect free coins
- How I Appy the Lessons
I will try my best to explain all these I a way that a 10-year-old can understand. There are a total of 5 videos in this tutorial with a combined time of 2hours, 12 mins and 18secs. I have stated the duration of each video before the video to help you have an idea of how long it will take you to go through it. Bookmark this page on your browser so you can always come back to it.
What is Crypto Trading?
Crypto trading can simply be defined as an attempt to take advantage of the fluctuation in the price of cryptocurrency to accumulate more crypto coins starting with the fixed number of a coin. My trades will result in wins if I buy a coin when it falls in value and sells when it rises in value and then repeating this over and over again. My trades will result in a loss if I do the opposite.
Types of Trading Style
There four major trading styles in cryptocurrency trading.
- Pre-Hype accumulation: This is buying a coin and holding over a long period of time usually about a year or more and selling when it high. This is more like investing. For example, if you bought $100 (NGN36,000) worth of bitcoins in January 2017 when it was around $1,000 and sold around December at $19,000, you would have cashed out $1,900 (NGN684,000).
- Position trading: This lasts a few days to a few months. This is how most professional traders make their money
- Swing Trades: Swing trades last a few hours to a few weeks. Some persons categorize this with position trading.
- Scalping Trading: this last a few minutes to an hour. This style of trade is quite difficult, tricky and time-consuming. People also get emotionally tempted in this kind of trades, make mistake and lose their money.
The secret to making it big in trading is to identify your style, draw your trading plan and stick with it. Don’t try to do it all or get emotional or trade with a plan. This is what differentiates newbies from pros.
Basic Tools Required to Trade Cryptos.
Without this tools, you cannot carry out a trade. I suggest you acquired then right away before you continue with the rest of the tutorials that is if you don’t have them already. The basic tool requires to trade are:
- Charting tool
- Trading platform
It is with the charting tool you carry out your technical analyses. You cannot make a good trade without a good charting tool. It is after you have made analyse with your charting tool that you can go to your trading platform to trade. With the charting tool, you can locate coins easily, carry out analyses using different indicators, set alarm, receive news etc. Some charting tools provide allow integration with your trading platform so you can make trades through them.
The best charting tool for cryptocurrency trading is Coinigy. Coinigy is a web-based charting tool, its User interface is so User-friendly that you can never get confused. This is the charting tool Luc uses in most of his videos. Coinigy is not free, however, you can use it for free the first 30 days after which you would have to pay $15 per month to continue using it. It is expected you should have made enough more to pay for the charges after one month of trading.Open a COINIGY Account
Another good trading tool is View. Trading view has a free version with limited features. You would have to subscribe to the paid version to use all its features.Open a TRADING VIEW Account
Trading/Exchange platform are platforms where you carry out trades. They include Bittrex, Binance, Poloniex, Hitbtc, Bitfinix etc. All these platforms can be integrated with coinigy. I started trading using Bittrex, but I have since moved all my coins to Binance and Hitbtc. Binance though created in 2017, that is 3 years after Bittrex is a better platform; its fees are 3 times lower, its customer service better, and security as good. I have compared these two platforms in the past. I use Hitbtc for my Small Account Builder trades and Binance for Position Trading. if you don’t have these account, go and open them, then come back to continue with the rest of the tutorials.
Now that we have the basic knowledge and the tools required, let us get down to learning to trade using Luc strategy.
How to Win Every Trade: The Quick Finger Trading (QFT) Blueprint
Lesson1: Quick Finger Trading (QFT): Introduction:
In this video, Luc introduces himself and introduced the two trading strategies he trades i.e Small Account Builder trading and Position Trading. He also talked about the mindset and discipline you should have when trading.
Duration: 20 mins 10 sec
Lesson 2: QFT Position Trading – How to identify a Base.
Luc Strategy for Position Trading is quite simple, it goes thus.
- Identify a base
- Buy when the base is cracked
- And sell at profit.
This Video explains how to identify a base.
Duration: 27 mins
Lesson 3: QFT Position Trading and Small Account building:
This Video explains these two types of trading with lots of examples, it also explains when to sell. The summary of the Video is
For Position Trading
- Identify the base in a trading pair
- Set your alarm to notify you when the base is cracked
- Buy below the base when the base is cracked; buy below the base to the percentage other bases have been cracked in the past for that trading pair chart
- Sell at profit. Any profit is good; don’t get greedy.
For Small Account Building
- Identify a coin pair with regular pattern of high volatility
- Follow this pattern to buy when its low and sell when its high.
- Do not use more than $300 per trade to trade this market because its volume is usually low
- Take out your profit from each trade
Duration: 28 mins 18secs
Lesson 4: QFT Tool for Position trading. (Win 265 trades out of 266)
Position Trading using the QFT strategy can be very profitable but time-consuming especially for those who are not full-time traders or working at other jobs. This is because it takes a lot of time to identify coin pairs with well defined based and set alarms for them. There are over 200-coin pairs in some exchanges so it’s a lot of work. Some persons also draw bases that are not really bases.
Have no fear, this problem has been greatly solved. One of the traders who trade using the QFT strategy build a web-based tool that helps anyone trader QFT. In the test stage of this tool, 266 trades where made, 265 won were won, only 1 was lost. What the tool does is:
- Identifies a base
- Send an alert to a telegram page when the base is cracked
- Suggest the percentage to buy below the base (5% or 10%)
This tool is only available to Bittrex and Binance Platform. However, it is still in development to include more features and more trading platform. It is totally free but you can donate to its development.
You can access the web-based tool here after you watched the video below https://qft.hodloo.com/
Luc in the video below introduces this tool. However, at that time, the tool did not have the telegram alert yet.
Duration: 26 mins 30 secs
Lesson 5: QFT How to collect free coins
Before I show you how I trade, take a look at one more video from Quick finger Luc. How to collect free coins
Duration: 30 mins 20 secs
How do I Apply QFT Blueprint?
As I stated above, the two platforms I use is Binance and Hitbtc. I carry out Position trading through Binance because it has the volume, low fee and has the major coin pair. There are 4 major groups of the trading pair in Binance.
- Bitcoin trading pairs e.g ADX/BTC LSK/BTC LTC/BTC etc
- Ethereum trading pairs e.g TRX/ETH DGD/ETH EOS/ETH etc
- Tether Trading pairs e.g NEO/USDT BCC/USDT ETH/USDT etc
- Binance coin Trading Pair e.g ICX/BNB POA/BNB IOTA/BNB etc
The alert sent to the telegram channel is sent in any of these four group. So my fund is divided accordingly for better management. The aim is to grow my BTC, ETH, USDT and BNB.
To join the telegram channel, go to https://qft.hodloo.com/ click on “Alert” and click on any of the links to join.
I hope this tutorial was comprehensive enough for you. Cryptocurrency is still in its growing stage because more people are investing in it, it is constantly being improved daily, more Apps are being built on it and anyone from anywhere around the world can participate. If you following and stick this trading blueprint, you will definitely increase the number of crypto coins you have. However, trading using this strategy or any other strategy requires consistency, patience and discipline.
Once you have developed a trading strategy, stick with it. Do not get emotional and take trades you have not studies because you want to make a quick buck; it usually leads to a loss.
If you have any question, comment or suggestion on how I can make this tutorial better let me know in the comment section.
If this tutorial was beneficial to you, Share this video to help others learn how to trade cryptocurrency.
Here is the link to Luc’s channels and other tools.
QFT tool: https://qft.hodloo.com/
The above tutorial shows how I trade and generate income through trading. It is no guarantee that you can do the same.