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)