326: “Anyone Can Succeed In Crypto Trading” – Nick Bencino (@forex4noobs)

“Anyone Can Succeed In Crypto Trading”

In episode 326 of the Desire To Trade Podcast, I interview full-time Forex & crypto trader Nick Bencino. As a pure price action trader, Nick is a big believer in trading support and resistance areas in the cryptocurrency market. He shares his entire price trading process in this video!

Watch: video interview!

In This Episode, You'll Learn…

  • [0:15] Intro
  • [0:34] What has happened with Nick Bencino since the last interview with Etienne
  • [1:49] Why Nick decided to completely transition to Crypto and leave Forex Trading behind
  • [5:15] How Nick filters what Cryptocurrencies to trade
  • [9:21] What trading style does Nick use to trade crypto
  • [11:06] How Nick deals with the risk of crypto projects going to 0
  • [12:35] How Nick decides how much to risk on any given project
  • [16:54] Is a lot of research on a crypto project necessary to trade crypto?
  • [21:28] What is Nick's preferred active trading timeframe (screen share)
  • [24:20] How Nick decides his stop losses for crypto trading
  • [28:13] How Nick decides his take profit for crypto trading
  • [31:08] How Nick shorts the market
  • [34:04] How Nick manages his time when actively trading cryptocurrencies
  • [39:10] Why crypto markets trading 24/7 can be really bad for traders
  • [42:15] What crypto broker Nick recommends
  • [45:12] Where can you find Nick Bencino
  • And much more!

What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group!

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What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!

 

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326: “Anyone Can Succeed In Crypto Trading” – Nick Bencino (@forex4noobs)

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