You are Using the RSI Indicator WRONG! (RSI Trading Strategy Secrets REVEALED)

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Bybit Learn Official

Bybit Learn Official

Күн бұрын

Many new traders use the Relative Strength Index (RSI) to determine overbought or oversold levels. This is wrong as RSI is a momentum indicator. In fact, using it on its own as a trading strategy is not going to help you maximize your profits. This video will help you understand exactly how to use the RSI indicator effectively.
00:00 How you are using RSI incorrectly
00:40 What is the Relative Strength Index (RSI)
01:18 Biggest Mistake When Using RSI
02:59 What is Regular (Classic) Divergence
05:25 Strategy to Trade Classic (Regular) Divergence
09:09 What is Hidden Divergence on the RSI
13:49 Tip #1 - Change the Source for More Accurate Readings
14:59 Tip #2 - How To Remove the Overbought and Oversold Settings
16:19 Divergence Tool on TradingView to Help Spot Divergences
#technicalanalysis #rsiindicator #rsirtradingstrategy #cryptotradingstrategies #daytrading #forextrading #bybit
👀 Want to learn more about Relative Strength Index trading? Watch this short video:
The BIGGEST Mistake Traders Make Using Relative Strength Index (RSI) | Explained for BEGINNERS #shorts - • The BIGGEST Mistake Tr...
📒 Need more help? Learn more about the RSI indicator at Bybit Learn: learn.bybit.com/indicators/wh...
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Пікірлер: 869
@Precious24802
@Precious24802 Жыл бұрын
The fact is that BTC symbolises the future of cryptocurrency, and traders are wondering if now is the best moment to trade, I feel you should examine the situation more closely before jumping to any conclusion. BTC's price has been fluctuating over the previous days, signaling that the market has become unstable and that is it impossible to anticipate whether it will go bearish or bullish. Others are patient, while others continue to trade with no risk. It all depends on the pattern you're trading and the source of your signal;
@Precious24802
@Precious24802 Жыл бұрын
I've been thinking of going that route, been holding a bunch of stocks that keeps tanking and I don't know if to keep holding or just dump them, think your coach could aid me with portfolio-restructuring?
@Precious24802
@Precious24802 Жыл бұрын
@Julie Banns Thank vou for sharing; I just Googled his name and his website came up right away. It looks interesting so far. I'm going to book a call with him and let you know how it goes.
@EvanQuiel4
@EvanQuiel4 Жыл бұрын
I sold a couple of homes in the Tampa area for pretty good cash and I'm thinking to just leave it in stocks while waiting for a house crash to happen and as well avoid inflation, but is this really a good time to buy stocks? I hear it's a madhouse right now and I still hear folks are raking in huge 6figure profits by the weeks and I'd love to know how
@caroamira
@caroamira Жыл бұрын
look at it this way, while some folks are waiting to make minimal profits when stocks recover, some others folks already know where to look and what to do to make hefty gains in these times, so yea, it all boils down to knowledge to risk mltigation.
@logisticsdelivery
@logisticsdelivery Жыл бұрын
@@caroamira True, I was in dilemma myself due to this chaotic mrkt, wasn't sure if to sell or just wait a little longer, 75% of my portfolo was tanking and in the red and the economy isn’t looking promising, but I began gaiinng clarity and have more confidence in my invt through an lnvt-advlser, I know most DlY-lnvestor like me would say advlsors aren't essential, but come to think of it, they're better trained and equipped at this and if I have to give just a little amt in fees for me to be able to net $650K in less than 8months like I did this year, I truly don't mind
@victorcardi2019
@victorcardi2019 Жыл бұрын
@@logisticsdelivery Omg 650K this year? that’s neat, I was actually reading an articles this morning on Bloomberg about technquees to gain in this dip, but I’m just a noob so i don't understand most of it, who is this advlser that guides you, I’m having serious troubles with my portfolio
@logisticsdelivery
@logisticsdelivery Жыл бұрын
@@victorcardi2019 Susan Lorraine Curry is actuaIIy the one that guides me, she’s a hlghIy-sought out advlser, so I’m not certain she’s acceptlng new intakes, but you can give it a shot. It wouldn’t be proper to just Ieave her number Iying around, but she has a webpage you can look at if you googIe her name
@palmpay1855
@palmpay1855 Жыл бұрын
@@logisticsdelivery I did check her out, I see why you said she's probably booked up, her creds/resumé is topnotch. I booked a consultation with her regardless
@adamjolly1848
@adamjolly1848 3 ай бұрын
Dude, I watched the market for hours yesterday just to confirm this whole video and i was mind blown by how simple it was..
@owenoliver5193
@owenoliver5193 3 ай бұрын
This is awesome Allen thanks for confirmation 👍💯
@codycreamer5531
@codycreamer5531 3 ай бұрын
I want to learn before I burn money.
@catherineabert211
@catherineabert211 3 ай бұрын
Bro if you have, position sizing (money management ),trade management......without this you going to loss lots....money
@kelleybabphavong7628
@kelleybabphavong7628 3 ай бұрын
Good..... but the problem with this strategy is you never know which is liquidity raid and BOS if we identify currently then its is best strategyGood..... but the problem with this strategy is you never know which is liquidity raid and BOS if we identify currently then its is best strategy
@chelseacarney9251
@chelseacarney9251 3 ай бұрын
What pairs where you using! because have watch several KZbin tutorial videos about trading I am still making losses
@patriciacarlos
@patriciacarlos Жыл бұрын
A weak dollar can signal an economic downturn, making me to ponder on what are the best possible ways to hedge against inflation, and I've overheard people say inflation is a money-eater thus worried about my savings around $200k
@stellaadams593
@stellaadams593 Жыл бұрын
The stock market is a way to hedge against inflation. Most notably amidst recession, investors need to understand where and how to allocate funds to hedge against inflation and still make profits.
@kollykolly
@kollykolly Жыл бұрын
@@stellaadams593 in my opinion, the impact of the rise or fall of the U.S. dollar on investments is multifaceted but learning how to grow your money has never been easier than now that you can explore and experience a truly diverse marketplace passively by using a well-performing portfolio-advisor.
@kollykolly
@kollykolly Жыл бұрын
@@davidjackson4437 I invest with CLAUDIA TRINIDAD RIVAS a widely known consultant. You can make a quick internet research with her name mentioned where you can easily get in touch..
@brendazvandasara
@brendazvandasara Жыл бұрын
@@kollykolly I’m delighted to engage in this opportunity, I just found the professional’s web page and have already written her.
@Apprenticeofhermes
@Apprenticeofhermes Жыл бұрын
I would recommend you learn one simple strategy that works for you. Backtest . Do not let the media distract you with other indicators if one strategy works for you. If it isn’t broken why fix it. Unless you searching for the one that fits your style. On that you like. - Utilize risk management. Put your savings in a trading account and start making another stream of income there. But risk management most importantly should be your main concern to master since you would have a nice amount of capital the market could try and eat away at… if you do not pick up trading as a scholar then don’t even put that money in there. Better off buying meta stocks or Uranium even more better off to use that capital to start a business so you can get more returns on taxes with the LLC
@King_jacky
@King_jacky 11 ай бұрын
Investments are a way of providing funds for the generation of future income or profits. Investing allows individuals to put money aside while they go about their daily business, let the funds work for them, and earn income for their work in the future. It is important to invest wisely, make informed decisions and carefully weigh the risks and potential rewards associated with each investment opportunity.
@H_lucas
@H_lucas 11 ай бұрын
I don't have to brag or talk much, but anyone who knows me can testify for me. I had very little in my bank when I met Sherman Williams Trading. I started investing with just $4,000 and he made me $26,500 in profit in just 15 days. That alone has given me more confidence and confidence which has prompted me to reinvest with more and now I'm earning weekly.
@kk_G2
@kk_G2 11 ай бұрын
You may never know the value of that dollar until you go bankrupt. The bad experience I had last year really made me feel that there needs to be more financial literacy and education in our programs in schools. It's never enough to have a good job, a high salary, and all the luxuries at your disposal. But saving money and investing wisely is never a bad idea. I learned how to invest, no matter how small, and I still benefit from it to this day. Thank you Sherman Williams Trading ...
@M_Harry2
@M_Harry2 11 ай бұрын
@@kk_G2 Investing is a stepping stone to success, especially under the guidance of professionals. Is Sherman Williams Trading that good? ? >
@Smith.ash2
@Smith.ash2 11 ай бұрын
>< On a scale of 1-10, I'll give Sherman Williams Trading a 9 simply because no one is perfect when it comes to trading, but when it comes to making a profit... Trust me when I say that it may surprise you when you don't expect it. It truly amazes me how I went from living an average life to earning $48,500 every week. all thanks to Sherman Williams Trading.. I don't know how he does it but he definitely makes it possible, I believe in him..
@Aless.D
@Aless.D 11 ай бұрын
Sherman Williams Trading is really something else, its strategies and its seriousness brought him so much. This isn't the first time I've seen evidence of his good deeds and I'm sure it won't be the last. For such good people, we owe them our prayers and support.
@Stanley594
@Stanley594 Жыл бұрын
Great stuff. I watch several youtube videos on how to trade in the market but haven't made any headstart because they are either talking some gibberish or sharing their story of how they made it and I do not want to make mistakes by taking risks in my own hands
@Joelgarcia47
@Joelgarcia47 Жыл бұрын
The best strategy to use in trading is to trade with a professional who understands the market quite well, that way maximum profit is guaranteed, I'll highly recommend Katrina susan, she is my current trader and her strategies are working
@JamesRandle5
@JamesRandle5 Жыл бұрын
I'm amazed you mentioned katrina susan, she is the best and her strategies works like magic. I've been making over 80% of my investment weekly since I started investing with her trading service
@anitalawrence2668
@anitalawrence2668 Жыл бұрын
This is not the first time i am hearing of Katrina susan and her exploits, how she handles investments and generates good profits, she has really made a good name for her self, but i have no idea how to reach her
@Joelgarcia47
@Joelgarcia47 Жыл бұрын
You can reach her through TE LE GRAM
@Joelgarcia47
@Joelgarcia47 Жыл бұрын
You can reach her through TE LE
@alexc.5060
@alexc.5060 3 ай бұрын
Very well explained. I watched pretty much all rsi videos on KZbin and you're the only one to mention all the secrets in one video. Thank you
@silkroad1201
@silkroad1201 5 ай бұрын
Every time the RSI in your example peaked, price action went back down. Which happens almost all the time. I'm still gonna use it the way you said not to. It's just as reliable as any other strategy
@MamiFouad-il9gj
@MamiFouad-il9gj Жыл бұрын
I cannot thank you enough for the specified details. Truly helpful.
@MIchaelGuzman737
@MIchaelGuzman737 Жыл бұрын
I came here to get an idea of how to trade utilizing A.I trading bots after hearing a guy on a podcast talk about the importance of A.I bots in trading and how he made $360,000 in 6 months from $50,000. This video has helped to clarify a few things for me, but I'm still puzzled, I'm a rookie, and I'm open to suggestions.
@MatthewVinson
@MatthewVinson Жыл бұрын
Investing in stocks is a good idea, a good trading system would allow you to spend many successful days.
@TruckeeFam
@TruckeeFam Жыл бұрын
I've been on both ends of the spectrum, invested on my own for about 3 years, did my own research and analysis before trading, things got pretty tough after the pandemic, just when I was looking for a Investment Advisor for Orientation, it's been over 2 years and I've grown a stagnant reserve from $80,000 to $700,000 in just 24 months.
@Americanpatriot723
@Americanpatriot723 Жыл бұрын
@@TruckeeFam Interesting. I have a lump sum that does absolutely nothing to my bank account, I want to start something with that. You seem to be doing very well, how do you achieve this?
@TruckeeFam
@TruckeeFam Жыл бұрын
When "LISA ELLEN SHAW" is trading live there’s no BS or excuses. She wins the tràde you win. You take the loss I promise she’s taking one with you. Having her guide ME through a trade was the breakthrough I needed when it came to managing emotions while holding a position. She's a google-able person, so it shouldn't be hard to find her official webpage as she is prominent.
@Americanpatriot723
@Americanpatriot723 Жыл бұрын
@@TruckeeFam She really seem to know her stuff, i saw her educational background and qualifications on her website after looking her up, I wrote her a message detailing my experience & goals, hopefully she responds soon. Thanks for sharing.
@kalvinthompson5807
@kalvinthompson5807 Жыл бұрын
You need more people following you. Count me in, this information is amazing. Keep it up brother, you're greatly appreciated.
@DewanMahesh
@DewanMahesh 11 ай бұрын
Thank you sir for sharing such great knowledge. I was using RSI with defaults and making assumptions on my own..
@FN_Fleur
@FN_Fleur 11 ай бұрын
I’m new in this world your videos are diamonds in the dirt. Complete, clear, helpfull. We need more videos pls!
@TimTurnerNEPA
@TimTurnerNEPA Жыл бұрын
This might be the best lesson on how to actually use the RSI that I've seen all year.
@aasiddiqui7324
@aasiddiqui7324 8 ай бұрын
Your discussion was very important for learning. I learned a lot of things that I didn't know before. It will definitely improve my trading strategy. Thank you very much.
@alexandercastro7462
@alexandercastro7462 7 ай бұрын
Great explanation, the best of all I have seen until now. Thank you verte much.
@anfield71m
@anfield71m Жыл бұрын
This is quite possibly the clearest and best explanation of Classic RSI Divergence and Hidden RSI Divergence I have seen. Thank you so much!
@bybitlearnofficial
@bybitlearnofficial Жыл бұрын
Glad it was helpful!
@Eric-jk3oi
@Eric-jk3oi Жыл бұрын
take some adderall. thats all it takes. just make sure you spend the time trading and not jacking off to porn for 8hrs. edging the entire time finding the perfect video to bust. sure after hrs of edging. its gonna feel amazing when you bust... but the Adderall is for making money not busting loads." - Warren Buffett
@rozsadnymarek5988
@rozsadnymarek5988 Жыл бұрын
​@@bybitlearnofficial It's always nice to listen to an expert who makes money by recommending a broker rather than trading himself 🙂
@nasirshan2427
@nasirshan2427 11 ай бұрын
​@@bybitlearnofficialWhat's name of expert speaker
@user-rl2gd6tr3k
@user-rl2gd6tr3k 9 ай бұрын
This is the best video ever watched on RSI. Divergence made simple so grateful
@Jank716
@Jank716 2 ай бұрын
Thank you for this video. Other than over bought or over sold at the extremes, I never fully grasped RSI. This cleared things up tremendously!
@back2you2
@back2you2 3 ай бұрын
Great job. Clear messaging and a very important indicator that small investors will hopefully start using correctly.
@utubeskreename9516
@utubeskreename9516 5 ай бұрын
Best video on RSI I've seen (and I've watched a bunch). Thx.
@dudea3378
@dudea3378 8 ай бұрын
Excellent stuff, my friend. You've just convinced me to dim the overbought/oversold lines. I'm still not confident enough to turn them off completely haha. It's like a security blanket.
@sonialee8553
@sonialee8553 11 ай бұрын
A lot of thanks. Frankly speaking, I am not good at English. But I tried to watch the video and well understand the content. It's of great value to me.
@nicolaspoli1703
@nicolaspoli1703 8 ай бұрын
Don't stop learning new things on this channel... Just the best place for every guy who wants to be a trader
@heathersaez5747
@heathersaez5747 8 ай бұрын
Well done, buddy! Great video lesson for every beginner trader👓
@emircanozturk3770
@emircanozturk3770 9 ай бұрын
bro nice job thx for the video i didnt see anyone to explain like you. the only confusing thing is i didnt get the point of why did you set the source as ohlc4 instead of close. i think the default one is the better.
@yeetc2398
@yeetc2398 Жыл бұрын
Very good and clear expleination. You can be a very good teacher
@user-tp8fh7vj7i
@user-tp8fh7vj7i 9 ай бұрын
this info about trading is literally lifesaving!I hope many people changed their lives after it
@edwardpollock7171
@edwardpollock7171 9 ай бұрын
Absolutely perfect video. Thank you so much!!
@HimanshuSharma-bp9jr
@HimanshuSharma-bp9jr 5 ай бұрын
Best video on RSI, Thanks for the knowledge
@McOst-RICH
@McOst-RICH 10 ай бұрын
Powerful knowledge 💥🎯thank you so much 🙏👍
@Progamertanay
@Progamertanay Жыл бұрын
Thank you its valuable addition to knowledge in much simple way
@bybitlearnofficial
@bybitlearnofficial Жыл бұрын
Glad to help!
@sheilanfc
@sheilanfc 4 ай бұрын
thankyou for sharing it is very useful i am still learning in the Nusantara fx commmunity class
@FelipeChampzz
@FelipeChampzz Жыл бұрын
Amazing explanation, bro. Ty
@tariqabudhabi
@tariqabudhabi 9 ай бұрын
Beautiful Value Added Video on RSI, Thanks a million
@mmnirad
@mmnirad 5 ай бұрын
This is such an amazing insight to RSI - thank you so much for the time you have put into making this... I would like to ask if Im reviwing a 5 min chart and find a divergence would I then go to the 1 min chart to execute the trade as an advantage or to the 15 min chart for an advantage?
@hectorvega8101
@hectorvega8101 3 ай бұрын
Yea, try the 2 min as well on it
@duongletrung5074
@duongletrung5074 Жыл бұрын
This vid take my trading strategies to new level. Thanks for sharing🎉🎉🎉🎉🎉🎉🎉🎉🎉
@bybitlearnofficial
@bybitlearnofficial Жыл бұрын
Fantastic!
@ChardiB
@ChardiB Жыл бұрын
Subscribed - excellent video, keep it up
@bybitlearnofficial
@bybitlearnofficial Жыл бұрын
Thanks, you are appreciated!
@jinncrypto479
@jinncrypto479 9 ай бұрын
Nice! I like it how you explain it 👌
@TraderRobin
@TraderRobin Жыл бұрын
Good job!! I've been using divergence since 1994!
@hendersonlucy913
@hendersonlucy913 8 ай бұрын
Every beginner needs to be your sub. It helps a lot in this business)
@edgecosta3394
@edgecosta3394 Жыл бұрын
Thats pretty good. I will make some new studies about it. Thanks!
@nwagbofrank9385
@nwagbofrank9385 Жыл бұрын
This is great expo! More of this!!
@bybitlearnofficial
@bybitlearnofficial Жыл бұрын
We do have more videos planned. Thank you for joining.
@Dhi-fe5eu
@Dhi-fe5eu 9 ай бұрын
Great video. I learned a lot.
@raoplns
@raoplns 10 ай бұрын
Thank you, insightful!
@RohnisGames
@RohnisGames Жыл бұрын
Excellent Explanation of Divergence! I also use this technique. ✌😎
@bybitlearnofficial
@bybitlearnofficial Жыл бұрын
Excellent! Feel free to share how you use it and on what time frames for the community.
@elizeumachado3253
@elizeumachado3253 7 ай бұрын
Foi uma ótima aula professor 🤝
@michael_von_achtundsiebzig
@michael_von_achtundsiebzig 9 ай бұрын
thanks for this, a very very very good explanation
@Mrprofhowtomakeprofit
@Mrprofhowtomakeprofit 9 ай бұрын
Thank you sir very good knowledge of RSI .God bless you
@araja90
@araja90 Жыл бұрын
Great video is there a particular time frame that is preferred for divergence trading?
@RobynandCraig
@RobynandCraig Жыл бұрын
Really helpful, thanks
@user-ts4gf3ob6e
@user-ts4gf3ob6e Жыл бұрын
,
@user-ts4gf3ob6e
@user-ts4gf3ob6e Жыл бұрын
,
@alangyenis
@alangyenis Ай бұрын
Thank you very much for your video!
@JohnHealy7153
@JohnHealy7153 Жыл бұрын
Great Video man, one question, is this method valid for smaller caps where there may be less hedge funds, banks, big finance companies, etc? I am not doing well, all my trades slaps me in the face.
@djamila1332
@djamila1332 Жыл бұрын
Lol, slaps you in the face haha that's funny, Your problem could be that your stop loss is way too close or you're watching your trades too much. Place it and walk away. Or you could just give up, trading isn't for everyone.
@MaryBenedict1155
@MaryBenedict1155 Жыл бұрын
Honestly I liked this comment because it made me laugh 😂but seriously in the end it comes down to experience, you can keep trying different things until you find the one that works or you can find someone to guide you.
@JoaoGoncalves-tu8uu
@JoaoGoncalves-tu8uu Жыл бұрын
What TF do you like to trade? Some guys love the 5 min while others think it's too unpredictable and prefer 4 hr or Daily. Whatever. So if it's the 1 hr. then you need to know what the next TF above it is doing (trending up or down in the near future: very important). Now draw a diagonal trend line...don't ask, figure it out, it's simple. Next, is it overbought or oversold? This is directly related to the trend line. This is when you buy or sell and the simplified version of what you need to work on asap or you're done.
@donald.jacoby.94
@donald.jacoby.94 Жыл бұрын
What you need is enlightenment, read more books on the subject, Have you tried Bitcoin trading? Trading with the right strategy for example is all you need trust me.
@mariavarenchik1159
@mariavarenchik1159 Жыл бұрын
@@donald.jacoby.94 How good is your Bitcoin trading strategy?
@carlnevitt1
@carlnevitt1 Жыл бұрын
Love the soldier-general narrative
@frankdearr2772
@frankdearr2772 4 ай бұрын
Great topic, thanks 👍
@SerenGordon
@SerenGordon Жыл бұрын
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $20k in a meme coin for just few months and now they are multimillionaire. I wish anyone who reads, be a person in successful in life.....??
@Matthew0266
@Matthew0266 Жыл бұрын
How long does it take to learn and make money after you get going? I might like to try it out in the future. Maybe I still kinda hesitate about it because I don't know all the ends and outs, pros and cons.
@SarahColemann
@SarahColemann Жыл бұрын
Most people think, investing in cypto is all about buying coins and leaving it to rise, common it takes much analysis to be a successful cypto tràder
@Clarissa210
@Clarissa210 Жыл бұрын
@@SarahColemann That's true trding with an exprt is the best strategy for newbies and busy investors who have little or no time to monitor trde.. I will advise you not to start tràding on your own it's very risky, seek advice of a professiõnal trder.
@Scarlett_Wright
@Scarlett_Wright Жыл бұрын
Investing in stock and cypto is a good idea, a good trding system would put you through many days of success
@jacobkhan6639
@jacobkhan6639 Жыл бұрын
@Jarvis's Having monitored my portfolio performnce which has made a jaw dropping $200k from just the past two quarters alone.I have learned why experienced trader's make more success in the market from Stacy Garric
@anilarora8325
@anilarora8325 3 ай бұрын
Amezing explanation ❤
@angeliaputri1
@angeliaputri1 9 ай бұрын
thanks for sharing, I'm a beginner who joined the nfc community.
@ValentinTimofeev
@ValentinTimofeev 8 ай бұрын
This tricks with MACD really impressive! I didn't know about it😃
@lewisstier9094
@lewisstier9094 5 ай бұрын
@bybit so in short in classic divergence over is price action and RSI in opposite direction so i.e. if price is going down on the chart, I would expect RSI line to go up which shows a potential reversal. I can use higher highs for bullish to place a sell and higher lows for looking at placing a buy as the key indicator for this bit? now hidden divergence shows a continuation of trend so when we look at hidden divergence we want to see the RSI to meet a new high low the 70 or 30 range, this can indicate a continuation fo a trend. I do like the divergence indicator you showed and the idea of trend line
@franciavioletaestacio8921
@franciavioletaestacio8921 Жыл бұрын
Clear explanation! Thank you.
@franciavioletaestacio8921
@franciavioletaestacio8921 Жыл бұрын
Already subscribed 🙂
@bybitlearnofficial
@bybitlearnofficial Жыл бұрын
Glad it was helpful!
@95cent703
@95cent703 Жыл бұрын
Possibly the best rsi divergence video on KZbin! Your teaching style, explanations and examples are so easy to understand. Keep up the great work! Really appreciate it!
@bybitlearnofficial
@bybitlearnofficial Жыл бұрын
Thank you so much! I appreciate your generous comments.
@aejazahmed568
@aejazahmed568 9 ай бұрын
Amazing explanation... 🎉🎉🎉❤❤
@monzir2009
@monzir2009 Жыл бұрын
Thank you very much for the best explanation ever
@bybitlearnofficial
@bybitlearnofficial Жыл бұрын
You are welcome....glad you liked it!
@RayneMoses
@RayneMoses Жыл бұрын
Great video. Thanks!
@bigpapa1472
@bigpapa1472 Жыл бұрын
Thanks for making me take a nap watching your video.
@rajsj2901
@rajsj2901 Жыл бұрын
Great video on RSI, thank you
@bybitlearnofficial
@bybitlearnofficial Жыл бұрын
Thank you, glad you enjoyed it!
@victoriaclair
@victoriaclair Жыл бұрын
HELLO 👋👋 I'M NEW TO CRYPTO CURRENCY TRADING AND I'VE BEEN MAKING LOSSES TRYING TO MAKE PROFIT MYSELF IN TRADING...I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?
@butleraidan
@butleraidan Жыл бұрын
All you need as a beginner to make good profit from cryptocurrency is a professional trader who will trade on your behalf else you may make losses.
@victoriaclair
@victoriaclair Жыл бұрын
@lite john How can someone know a professional trader that is trustworthy when legit ones are hard to find this days.
@victoriaclair
@victoriaclair Жыл бұрын
@lite john How much can she make for you in every trade she does.😏
@victoriaclair
@victoriaclair Жыл бұрын
@lite john Wow this is really helpful for my situation!! Thanks guys I will try her.
@lethaboannika
@lethaboannika Жыл бұрын
@lite john Wow I'm just shock you mentioned and recommended Expert Mrs Jennifer Watson
@scotthirsch3479
@scotthirsch3479 4 ай бұрын
Fascinating but I'm having trouble finding some examples of this on my own.
@zeeshanjaved6998
@zeeshanjaved6998 8 ай бұрын
Wao... very informative.... thank you Boss
@denisgauthier7141
@denisgauthier7141 Жыл бұрын
YES i do agree the best explanation i have seen you are good
@bybitlearnofficial
@bybitlearnofficial Жыл бұрын
Thank you for the kind words.
@rodrod1486
@rodrod1486 8 ай бұрын
Great education..if you look at HON today I can see the RSI divergence..Higher Low
@snmultitasking6122
@snmultitasking6122 Жыл бұрын
Tqs For Your Secret Strategy 👍
@marstoilov
@marstoilov 10 ай бұрын
It's good to mention what software you are using because MT4 doesn't have this bands you are talking about or the background, I have only the levels and the period
@coffeeshopcrypto
@coffeeshopcrypto Жыл бұрын
Great job. Spot on information
@bybitlearnofficial
@bybitlearnofficial Жыл бұрын
Glad you enjoyed it
@davidibiyemi1308
@davidibiyemi1308 2 ай бұрын
Wonderful, thanks Sir
@Maldini2
@Maldini2 Жыл бұрын
Amazing explanation
@robertlarcher6839
@robertlarcher6839 Жыл бұрын
Thank you great video
@DysVeteran
@DysVeteran Жыл бұрын
FOR FREE?! THIS IS GOLD INFORMATION! We thank you!
@NandeepPatilvlogs
@NandeepPatilvlogs Жыл бұрын
Great knowledge Sir about the RSI indicator....please please circulate on deeply secrets on RSI divergence all types
@bybitlearnofficial
@bybitlearnofficial Жыл бұрын
Well, you're looking at 4 different types of RSI divergence: *Bullish Classic *Bearish Classic *Bullish Hidden *Bearish Hidden They were described in the video.
@realabzhussain
@realabzhussain Жыл бұрын
brilliant. thank you
@user-id6qz4fg6i
@user-id6qz4fg6i 8 ай бұрын
send my love vibes to Michaelthanks for all your work🎄
@BigWickTraders
@BigWickTraders 3 ай бұрын
The one thing I have found rigorously backtesting RSI Divergence strategies with currency pairs, Crypto, Stock index futures, forex futures, metal futures, and energy futures …etc. You never know when the divergence is done. Hindsight is great, but put it on bar replay mode and tell me when you think it’s done? Plus false divergences occur 5-8 times per trend. This typically indicates pullbacks that could possibly be a counter trend trade, but many many fail completely. Also, real reversals may not show any divergence. Then it will give you false divergence in the opposite direction, because a new trend has begun.
@4T2_Rith
@4T2_Rith Жыл бұрын
Best explanation it help me a lot thank you
@bybitlearnofficial
@bybitlearnofficial Жыл бұрын
Glad to hear you found it useful!
@rogeriostender9403
@rogeriostender9403 8 ай бұрын
Hi,. Were you using Trading view or bybit platform in this video ? Thank you !
@LifePositiveQuotes
@LifePositiveQuotes 3 ай бұрын
very very useful thank you very much..
@mariopaula1009
@mariopaula1009 Жыл бұрын
Não conhecia estes detalhes do indicador. Muito bom e vou procurar no profit
@MPlain
@MPlain 10 ай бұрын
depending on the market conditions. RSI can be the best indicator it can also be one of the worst as it can get stuck in over bought or oversold positions while the trend continues. i like the concept of trade it when it comes back out of this area. It can still be dangerous. With a strong uptrend. a pullback could trigger this exact situation and you get in just as it's ending. Other confirmation is needed. Personally i use the RSI on an over 50, under 50 mentality. and direction of RSI matters. So if it's over 50 i'm leaning buy. but i don't want to see it coming down if i have a buy bias. i am looking for the reversal back on trend. I also have it set to 24 Of note. i also set the MACD to 20 and 50. Those who know about trading will understand the importance of this particular X.
@MPlain
@MPlain 5 ай бұрын
@@slowboycapital I have no idicators on my chart now. Just a few MAs. Volume. This keep it simple approach has me batting over 90%.
@hectorvega8101
@hectorvega8101 3 ай бұрын
​@MPlain do you run a discord?
@RyanContreras72
@RyanContreras72 6 ай бұрын
For salary earners having a passive source of income is the best thing you could have , because aside the the fact that it isn’t always enough you could lose your job any day at any time , have something to fall back to is crucial , for me it is trading the Forex and Crypto market and no I didn’t have that much knowledge to begin to earn that’s why I said passive income, I leave the profit making to the pro like my Advisor ' *Nolan Velden Brent* who has been doing a wonderful job.
@alicebenard5713
@alicebenard5713 6 ай бұрын
Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
@blessingpaul5484
@blessingpaul5484 6 ай бұрын
I subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your adviser
@RyanContreras72
@RyanContreras72 6 ай бұрын
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $485k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.
@philipcollen482
@philipcollen482 6 ай бұрын
I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?
@user-cr8nd1sy8e
@user-cr8nd1sy8e 6 ай бұрын
Wow, that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.
@user-vy9my9vh8b
@user-vy9my9vh8b Жыл бұрын
Thanks you for these informations sir
@ROLCK10144
@ROLCK10144 4 ай бұрын
in what time frame do we mark divergence? 5min, 15min, 4h ? Thank you for your reply
@francoisthaveau4364
@francoisthaveau4364 Жыл бұрын
Great explanation, could you tell me how to setup alerts with the divergence strategy on tradingview ?
@bybitlearnofficial
@bybitlearnofficial Жыл бұрын
You have a couple of options. One option would be to set up based on RSI divergence and that might require a custom indicator. Then, you'd have to wait or set up another set of alerts for price action to trigger a breakout.
@johnsnow9232
@johnsnow9232 Ай бұрын
Excellent video
@AJohnson0325
@AJohnson0325 2 ай бұрын
I’m a buy and hold investor. I’ve gotten some good deals buying at a low RSI on daily charts. These were stocks I knew I already wanted to own or I already own them and purchased more. I didn't just buy some random stock because the RSI was low. The stock market as a whole has a tendency to go up over a long period of time so trying to short the market just because the RSI is up will get you in trouble. The trends are more sustained going long than short so personally I don’t usually like shorting blue chip stocks or ETFs.
@coletivating
@coletivating Жыл бұрын
Just fantastic 🎉
@JaniceTrades777
@JaniceTrades777 Жыл бұрын
this was very helpful
@bybitlearnofficial
@bybitlearnofficial Жыл бұрын
great to hear...thx!
@RS-sd4cr
@RS-sd4cr Жыл бұрын
great vid! thanks a lot
@bybitlearnofficial
@bybitlearnofficial Жыл бұрын
Glad you liked it!
@balakrishnanmuniandy332
@balakrishnanmuniandy332 Жыл бұрын
Hi Sir, which Timeframe you suggest for this strategy?
@wagihzakariya9345
@wagihzakariya9345 9 ай бұрын
Hi, first of all, I would like to appreciate your efforts, but I have a question pls, the RSI indicator is not with same settling, also I can’t find the divergence indicator in Binance App
@daniilgorshkov3151
@daniilgorshkov3151 8 ай бұрын
I love your trading ideas
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