This person is known as Christian Kolamaj.
The Trader Who Turned $6,450 Into $87 Million In 3 Years
Forbes magazine ranked him as one of the top 5 traders in the world.
Here is the strategy he used and some of his secrets.
Information about #Bitcoin
✜ In the world of trading, there are few names that resonate as strongly as Christian Kolamaj.
✜ This trading legend is ranked among the top 15 companies in Sweden in terms of highest profits.
✜ His strategy and settings will bring life changing results to any trader during this course Follow the explanation
✜ In the last months of university, Christian began studying trading full-time, and as a result did not complete his education.
✜ When he was starting out in his career and wasn't making money from trading, he was working as a security guard in a shopping mall.
✜ It took Christian 3-4 tries to achieve success.
✜ He lost his first $5,000 and started his next attempts with $3,000 to $4,000.
✜ After this difficult path to success, the trader developed his own strategy and concept, which I want to share with you. Position size and risks
✜ According to Christian's strategy, you should never keep more than 30% of your position overnight.
✜ He probably leaves 10-20% of the position at most, and his risk is 0.25-1%.
✜ If your balance is less than $1 million, Christian recommends increasing the risk to 0.5-1.5%.
risk reward
✜ The right strategy is not the one that brings you profit in every trade.
✜ Christian's win rate is 30%, which means that only 3 trades out of 10 will be profitable, but it will cover all the losing trades.
✜ So, handle risk and reward properly and don't expect profits from every trade.
Portfolio management
✜ From a trade management perspective, Christian suggests selling 1/3 to 1/5 of the portfolio within 3-5 days of entry and moving the stop to breakeven.
✜ The remaining part of the trade should have a trailing stop managed by the 10-day or 20-day moving average.
✜ The position will be closed if the price falls below the moving average.
✜ Hacking
✜ Kristjan's second favorite strategy
✜ The principle is basically the same – a long rise in prices followed by consolidation.
✜ After this consolidation, there is a breakout, which Christian is trading.
Videos were posted on Twitter @ArabicWhales because I couldn't add videos to the article.
At the end of this story and interpretation strategy is common.
In the world that turned $6,000 into $87 million
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