🔍
What is Spot Trading? || Deto Coin || Anish Singh Thakur || Booming Bulls - YouTube
Channel: Booming Bulls
[15]
Hello guys
[16]
My name is Anish Singh Thakur
[17]
I came to give you important information.
[19]
Delta exchange is an Indian company and has done a great job
[24]
We don't have the option to trade options to any corner of the world.
[27]
But here they have it, and I'm doing it.
[29]
I'm doing in futures too.
Everything is great,
[31]
I have tried withdrawing and depositing payout,
[32]
Everything works fine.
[34]
So there are two things, there was a competition going on
[37]
But you can't be a part of it now because it's going to finish soon,
[39]
But still, competitions like this will keep on coming.
[41]
So from this video, you'll get information on how to participate in the competitions,
[45]
What it means by saying we should have 2000 trading volume,
[47]
What leaderboard means.
[49]
So you'll get to see that.
[50]
So there's a coin named Deto.
Deto coin like-
[53]
Binance is the world's biggest crypto exchange and they have Binance coins around $450-
[58]
$450
This is 20 cents.
[61]
20 cents 21 cents like that.
[64]
23 cents, 25 cents,
[65]
The same range goes on.
[66]
For now, because it came recently only,
It's not been even 1 month, maybe 1 or 1 and a half month,
[69]
I think so
Or 2 months.
[71]
So these people place competitions in Deto coins
[74]
you'll get that information in this video
[76]
And you'll get to learn about spot trading.
[78]
I didn't even place stoploss here
[80]
Because I took part in the competition and I also booked profit
[83]
Even if I didn't, it would have been an investment.
[85]
I have already invested in this.
[86]
So you'll get to see what Deto coin is,
[88]
Should you also invest?
[90]
It doesn't have futures or options,
[92]
it's only for going long
[94]
You can't even short this,
[95]
You can't short this
You can only buy this or exit.
[98]
So you'll get to learn about Deto token.
[101]
Secondly, you'll learn how to take part in competitions.
[103]
Come let's start the video.
[104]
Hello everyone
[105]
My name is Anish Singh Thakur
[106]
And welcome to a cryptocurrency trading video.
[109]
We are going to put a trade in Delta Exchange.
[113]
And you might obviously know that we trade in this for Futures and Options
[117]
But today, I'm going to show you other things.
[119]
Today we are going to trade this pair
[121]
DETO/USDT.
First of all,
[123]
people find this interface difficult
[125]
So I'll bring you back to Delta Exchange.
Everyone knows how to come here.
[127]
After coming here, we are not going to the Futures or Options,
We are going to Spot.
[131]
Why?
[131]
Because this offer is going on, we are getting a chance to win 25000 USDT
[134]
Even if we don't win that $25000, do you know about the prizes?
[137]
40-80 rank gets $100 each
[140]
Means, if we reach up to here, and reaching till here is very easy
Only 67 people in total
[145]
Total 67 person
[147]
So we get price guaranteed,
[149]
we'll get by just trying
[151]
So if we do it better and move higher, you can get $2500
[155]
OK
Its dollar
[157]
Around Rs 2 lakh.
[159]
2nd prize is $5000
[160]
You can understand how much it is, around Rs 3.5-4 lakh
[163]
Around Rs 7.5 lakh.
So this is good right?
[165]
So we have to click on start trading here.
We clicked on start trading
[169]
And let's study this chart.
[171]
To study this chart, I'll come to hourly timeframe.
[173]
So I saw that-
I'll remove all the drawings first.
[176]
It's just like the trading view, simple.
[179]
If we want to mark support, resistance level,
[181]
then we can see a good demand zone here
[185]
And a good demand zone here.
Both these points,
[188]
I mean for a long time,
[190]
By long time I mean- just one minute
[193]
Its maintained since 2nd October.
[196]
We know that the cryptocurrency market was going down a lot
[200]
But recently,
[202]
how much recent?
[203]
Not much, just now
[205]
If I show you in daily timeframe,
Look at this
[208]
Just now, what kind of movement came in the daily timeframe in bitcoins and all cryptos.
[213]
In this also it will come.
[214]
So a green candle is made in 1 hour timeframe, near the demand zone very well
We'll enter this
[220]
In fact, if it comes here also we'll enter.
[223]
And I'll exit the trade below this.
[225]
So I'll take a 2-step entry here, I'll enter in 2 steps.
[227]
So let's start.
[229]
I'll try to book target on these 0.25 levels,
[232]
OK
[232]
Let’s see,
[233]
Come on let's start.
So we have to trade this,
[235]
so we'll have to come here.
[237]
After coming here, what we have to do is, we have to buy.
[239]
This is limit price; we'll work in market.
[242]
OK
We'll work in the market
[243]
and I want to buy USDT
[246]
of how much?
[248]
10%
[249]
10% of the balance
[252]
250
50%
[254]
I have my money invested at different places
[258]
And I'm going to deposit more in this.
By depositing more, we can trade in Futures and Options.
[261]
So for now, this much only, because I have only $1000 in USDT.
[265]
So I'm buying Deto for $500.
[271]
We bought $500 Deto,
OK
[274]
So we have just bought
[277]
$500 worth of Deto.
[279]
Now, where will it be shown that it came?
[282]
So as I come here,
[284]
you won't get to see anything in the open position, open order.
You can see it in your order history.
[289]
Now, do you see this?
On 6th October
[290]
Just now we bought these many Deto for $500
[295]
The order value of $550 and execution price was this.
[300]
OK
So this came to your wallet
[302]
Now you'll see that I have already invested on the 10th and 13th of September
[305]
But I invested this
Do you see 10000 Deto?
[307]
10000 Deto 12000-
[309]
I staked this 10000, you might remember it if you have seen the video before this.
[312]
I staked 10000 Deto
[314]
so that it can mines
[315]
So that is shown here
[317]
114 Unvested amount.
Anyways,
[320]
let's come to order history.
[321]
So this is investing
Leave this one.
[323]
In this also I have done some investing around $3000
[327]
When I bought this t was 0.25, that time market came own.
[332]
So now, I bought it for $500 again.
[335]
But trading competition started now only, after 24th October
[338]
Or after 25th October
[340]
So only this one will count.
[342]
So what will I do now?
[344]
We will book profits,
[346]
this one
[347]
I have bought 0.23, here
Where?
[351]
0.23526
[355]
0.23526
0.23526
[359]
So this is our buying
Ok
[362]
Let's thicken this line with green color
[366]
We have bought here
We have entered over here now
[370]
When it reaches a resistance,
Let's decide the resistance from now itself
[374]
This is a good supply zone over here
[377]
So whenever it's touching around this point,
[380]
We'll book our profits in the $500 one
[382]
Because only that will count in trading volume.
[384]
And the rest I showed you 10000, 12000,
[387]
That I have invested
[388]
Because it's of 25 cents 33 cents 20 cents 25 cents.
[393]
I definitely know how much delta exchange is growing,
[396]
It works outside India too
[398]
So definitely their coin will also increase.
When it'll give me some good returns, then I'll book that.
[403]
So first trade we have taken in front of you in Deto.
[406]
Let us see when it is coming here
[408]
We'll exit at around 0.2340 Detos
[415]
And see our rank a bit
[418]
means will it come to that place?
[421]
If we'll come here or not.
[423]
OK
[424]
Come on, let's see
Maybe we'll come in the end
[427]
But not now
[429]
Look at the ROI, those who have only 1% ROI,
[431]
even their names are shown here.
[433]
So come on, let's do one more smart work.
[436]
Why don't we automate things?
[438]
How long can we look at the screen?
[440]
What can we do,
[441]
let's place one more buy order?
[444]
There's no use of buying over here
[446]
We'll get here at 0.21786
[449]
So we'll buy more
[451]
And let's place the target
[453]
0.2500
Exactly
[456]
below this demand zone
Like this
[459]
0.24980
[462]
Let's put the target at 0.24980
[464]
So I bought here,
[467]
it would be a kind of 1:1 trade for this one
[469]
And consider if it comes down and I buy more, then my average will be somewhere here.
[473]
So again it will be a smart move.
[474]
I'll see for the stoploss below this
[476]
What is stoploss?
This is a spot trading man,
[478]
And this asset, it's a newborn
[481]
cryptocurrency.
[483]
If I even leave it
[485]
on its own, it will give me investment
[487]
This is not a kind of Futures or Options trading
[489]
Because it came with a time limit.
[491]
This is spot trading. OK.
[493]
So anyways,
[494]
First I'll put my buy order in front of you
[497]
This point, if I get at this point 0.22056
[501]
I have to buy at 0.22056
[503]
So guys now we'll buy this,
[505]
OK
We'll put the limit price for buying
[508]
This one, 0.22034
[514]
0.22034
right?
[519]
0.2234
[523]
At 0.2234
[525]
we'll-
[528]
No no no no
We have to do it like this
[532]
I have to quantity in USDT, not in DETO
50%
[535]
Yes, of $280
[536]
$280, Let's put all of the $500
I have put the whole $570 limit price.
[543]
you'll get place order
[545]
i have put the order
[547]
And now where can I see my order
I can see it in the open order,
[550]
that I have placed an order for buy
why?
[552]
Because it’s a good demand zone over here
[554]
it’s been returning for a long time.
[557]
I will put the target 0.24990
[562]
0.24990
[564]
Sell
Limit
[567]
What is the target?
[570]
0.24980
[577]
0.24980
[579]
Ok?
[580]
if I place 100% then it will send out all my 15000 Deto.
[583]
I will put the number of my exit
That is better.
[587]
mine is one an open order, 2599
2600 is here
[591]
but until now it didn’t happen, what was it called?
[594]
It’s not arrived for me
[596]
So I will come here, to the order history
[599]
2340
I’m going to put an order of 2340
[602]
I can place an order of 2340 order
[606]
2340, we can-
[609]
I’ll put 2340 here
[613]
Deto for limit order sell.
[617]
Order submitted
[618]
I’ll come to open order now.
placed sell and buy too.
[621]
If at first, buy doesn’t initiate then what will we do?
you tell me
[624]
just this number, 2600, I’ll just increase it.
[627]
For booking profit.
So that way we have
[631]
semi-automated our trading
[632]
Semi-automated
we didn't do it total automated
[636]
But we semi-automated
[637]
look, this going a little bit up
[639]
it’s going now.
And I don’t think I’ll get it here
[642]
But we can see my buy order here.
[646]
If it’s going to be a buy, we will increase the quantity
And if ... sell happens,
[649]
target hits,
then we will cancel this.
[651]
We cancel this and we will look for some new opportunity.
[653]
So we have semi-automated our trading strategy
And let us see if we hit our target
[657]
and once we hit our target, let’s see if our name is on the leader board
[660]
We will understand what’s the volume and everything.
[662]
we had to fill 2000$ volume
[664]
but now I have kept only $500- $600.
[667]
ok, let’s see.
[668]
Look at the open order,
[670]
we have kept a target, and the other this.
ok?
[673]
Placed buy order
[674]
Here I'm editing this, ok
I'm increasing it,
[678]
i'll make it 2599-
means
[679]
it was $500 right?
[681]
so I have taken a trade of $500.
[684]
this is $500.
we have to do 1000 more
[686]
So I have to increase it 3 times
[688]
That means 26, 52
[690]
let’s make it 8000 Deto
[692]
8000 Deto,
ok
[694]
made it 8000
[695]
what happen by make it 8000.
[697]
it changed
[698]
So what happened when we put 8000 is that
When we come to this place,
[701]
We will get a better price, we’ll get
[703]
8000
The total trading volume became 2000
[706]
Now, we get a little profit-
[709]
We will also exit
I joined the competition.
[712]
If you want, there is another way
If you don’t have 2000$
[715]
You can’t do this.
If you have 500$
[717]
so you took a 500$ trade
Then entered it
[720]
earned profit and loss, then exit.
Again did a 500$ trade,
[723]
did a 500$ trade again.
Then again did a 500$ trade,
[725]
That can also be considered as a 2000$ trade.
[727]
I wish for this order to fill,
[730]
for it to fall so that I get it at a better price
[732]
And then I’ll sell it for a profit.
[735]
So, how much will be there to sell in total?
if you remember,
[738]
So 8000+2340 around,
around 10,000 Deto
[743]
will get withdrawn from my balance.
[745]
meaning, I feel both good and bad
[749]
I wish if all the quantity had been solved,
[751]
whole 8000.
[753]
but what happened is
[754]
that this beautiful engulfing candle was created
and I returned back to this buying price.
[758]
but if we see here at once,
[761]
then 2396 got filled
[765]
out of 8000
[767]
and this much is remaining, 5000.
[769]
only 2396 filled.
[772]
no problem we got something, better than nothing
[775]
so 2396 filled right?
[777]
2396 filled.
[778]
2396+2340
[781]
2396+2340
[783]
2396+2340 = 4736
[790]
we have done 4736
Perfect
[793]
Ok
[794]
So now it will book profits
[797]
for the new trade
[799]
something better happened,
ok, so come on
[801]
Let’s hope that it is crushing our target
[804]
And if it returns then that’s great
[806]
if this quantity comes.
[806]
Guys come on,
[808]
the target didn’t hit
[810]
But we were able to get all the quantities.
[814]
so If we see open order
we’ll see that only
[818]
the sell order is left.
[819]
The buy order is gone.
[820]
And if I show you the trading balance
do you see?
[822]
23000 came
[824]
I got 23,000 Deto
[828]
whereas our 10000 is left there,
[832]
for stake
it’s not even shown here.
[834]
So now I’ll come to the open order.
[837]
let’s edit this
I’m going to make it 10000
[841]
I have bought 2000
let’s put a sell order of 10000 Deto.
[847]
placed.
[848]
Now I am going to sleep
[850]
Very relaxed kind of trading guys
look at this, it’s going on.
[855]
This is our-
[858]
This is our chart
[860]
we bought here a little extra somewhere here
[864]
And it consolidated the whole night
[867]
and went above this buy price in a great manner.
went above this buy price
[871]
whereas I bought it here very well, it went above this buying price
[874]
And here we set the target.
[877]
And when it reaches here, our target will be booked automatically.
[880]
And it's set here.
[882]
And guys finally that day came,
[884]
We could have held on to that spot trade
[886]
Reached 29% growth
[888]
0.25
[889]
It came, do you see?
[892]
25 cents is done,
[894]
nice.
See this?
[896]
do you see?
[897]
And we bought here, this was our target
[900]
Where our target got crushed
We broke our target
[903]
And this candle gave us our target.
[905]
Because it’s spot trading, it was possible
[908]
So if we see,
[910]
Yes
see this
[911]
16-oct after 10 days
[915]
At 11:40 our 2 orders got filled
[919]
Ok
Filled quantity, almost
[920]
Filled around 10,000 Deto,
OK
[922]
There was a bit of commission but i think it'll be waive off
[926]
because fees will waive off
[928]
Because it was spot trading.
[929]
So our order is filled.
[932]
So, alright guys finally we have completed one spot trade
[938]
That we took in Deto,
[940]
Right
If you remember,
[942]
we set our target
[944]
somewhere here.
0.24
[948]
We set our target here, at 0.2400
Right?
[951]
So Today our target got hit.
[953]
So this is not like futures trading or
[955]
You know options trading,
Where we have to work by placing stop loss.
[959]
This is an investment type trade, that’s why it’s called spot trade
And finally, it’s completed.
[965]
So now you may think what if Deto drowned?
[968]
If it had drowned-
This thing,
[971]
this is a thing that-when did it start?
[973]
I'll open the daily time frame
[975]
So look at this
[975]
When did it start?
When did it launch?
[977]
It started-
[981]
It came after touching $1
[983]
It started here
[985]
I got it at this price, this price
[988]
It’s an obvious thing that this cryptos journey is about to start.
[990]
And I agree that
how much is Binance coin these days?
[992]
It can't rise up to the Binance coin,
[994]
It's 467$
[996]
But Binance is the world's biggest company
[998]
But Delta is also a company
[1000]
that brought options trading in derivatives trading.
[1002]
If you see in this,
[1004]
It's becoming like a bull flag
It gave a breakout.
[1007]
It's obvious that this has still a lot of power left.
[1011]
So in short,
[1012]
because it was spot trading,
[1014]
We did it.
[1015]
Our total turnover, that is, we didn't earn 29 cents,
[1020]
This is total value
[1022]
we
[1023]
How much did we earn?
We have to subtract
[1025]
we bought this for 0.22 cents
[1029]
and we sold this
[1032]
in 0.2498
[1035]
we earned only 0.02 cent
[1038]
Earned 0.03 cent
[1040]
Just three-cent-
[1041]
but the quantity was 10,000
[1043]
so we got $300
[1045]
About ₹ 20,000
[1046]
so we earned ₹ 20,000
[1048]
now If I want, I could have held it for a long term,
[1050]
But it’s a trade
[1051]
So is our name in that?
[1054]
Is our name coming on the leaderboard?
[1056]
we earned $300,
[1058]
But I think my name didn't appear on the leaderboard until now.
[1062]
It will reflect after a while. If it does, then you guys tell me by commenting
[1065]
Even if my name does.
[1067]
Because my ROI, it's obvious it will become 1% or something anyway
[1071]
So I am looking for people in the negative too, do you see?
People get negative ROI too,
[1074]
So it’s obvious that I will come above them.
[1076]
Your Alright, you saw, I started making this video on 6th October
[1080]
It so happened on October 16,
[1082]
that we automatically hit our target on October 16.
[1085]
I woke up and saw that my target had hit. Profit has arrived.
[1088]
How much?
$250 $300
[1089]
So 250$ 300$ is no big deal
[1090]
What did we do?
[1091]
We just held it and left.
[1092]
so like this, we made $2000 volumes in the competition as well.
[1096]
My name will appear somewhere on the leaderboard
[1098]
before the 22nd and I'll earn at least $100.
[1100]
Alright, I hope you enjoyed the video.
[1103]
What is Deto token?
What do you think about it?
[1105]
What do you think?
Should you invest?
[1107]
Can development of $1 happen?
[1109]
you tell me
ok
[1110]
Let me know in the comment box
[1112]
I will see you soon in the next video
[1113]
Bye-bye
Most Recent Videos:
You can go back to the homepage right here: Homepage