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For questions regarding connection via copytrading to our trading deposit you can contact to the telegram channel @CryptoDAT_Info
On the Crypto D.A.T. channel. RUS channel Arseniy Tsyro always broadcasts analytics of traders of our company
Acknowledgements
I would like to thank Anna Safonova, my favourite and reliable life partner, for her invaluable help in working on this book. For her patience, kind criticism and faith in our projects, the success of which is largely due to her.
I thank Arseniy, my son and trusted colleague, for his trust, openness and calmness during any market fluctuations. And for his successes, which as a father I am as proud of as I am of my own.
I am sure that his journey as a cryptocurrency trader is just beginning, and the skills and personal qualities he has developed over the years will ensure his success at every stage of his growth.
From the author
One of the hallmarks of our time is the availability of education. Today's students are taught skills in school that their parents could only acquire after college. Thanks to advanced technologies, we can learn at any age and study several disciplines at the same time in different educational institutions without leaving home. The duration of study has also been shortened, and specialization has become narrower. You can acquire the necessary knowledge and choose the best teachers in a specific field within a year or two. This means that after a few months of training, the knowledge can already be turned into income: earning money in a new career field and gaining experience.
However, there is a problem: we are not changing as fast as the technologies around us. A schoolchild can learn several professions and earn a living even before entering a university, but he is still a teenager with a fragile mental state, little life experience, and a great desire to succeed. That's why schoolchildren need the help of adults, especially their parents, during their studies and choosing a future career.
My goal is for my son Arseniy to grow up being a self-sufficient and independent person with universal life skills, independent of employers, politics, and government, so that he will have a job that will feed him from anywhere in the world with Internet access and a computer. That is why we chose crypto trading – a skill that is easy to monetize.
But it's not all about the money. Studying trading involves gaining knowledge in various fields – analytics, programming, and statistics. During training, a lot of attention is paid to the development of relevant psychological qualities – endurance and speed of decision-making, professional hygiene, and self-control.
Today I can sum up the progress we achieved. Arseniy is 17 years old, he is still in high school but has already become financially independent, i.e., he supports himself by trading. Three years ago, I would have called him a newcomer to the cryptocurrency market. Two years ago, he was quite a successful trader but kept learning. A year ago, he mastered scalping, the toughest and most lucrative specialization in trading.
At the same time, he began to host his own training programmes and streams from trades in English. Now Arseniy manages clients' funds through CopyTrading exchange instruments, practices scalping and other trading strategies, works remotely and face-to-face in the dealing center, teaches beginners and continuously develops his professionalism. Let me remind you that he is only 17 years old and still studying at school.
When I decided to write this book, I set two goals for myself. First, as a father and mentor with extensive experience, I want to help everyone who chooses a career for themselves or their children. Step by step, Arseniy and I have come a long way, and now, together, we will tell you how to learn crypto trading, what dangers you need to avoid, and how to maintain a healthy mind in such a turbulent market.
Secondly, I would like to talk separately about scalping – the most exciting trading strategy in a relatively stable market. To truly understand the beauty of scalping, we must know how the cryptocurrency market works and how to cultivate the necessary emphasis-willed qualities of a trader.
1. Concept of Trading
The one thing worse than being wrong is staying wrong. Lose your opinion, not your money.
A famous chess legend says that one day two adventurers put the great Alekhin in a difficult position. They convinced him to play two simultaneous games – one with the black pieces, and one with the white. A draw or loss by the world champion on either board would mean paying out a large sum to his opponents. At the beginning of the game, it became clear that Alekhin was playing against himself – his moves with the white pieces on the first board were repeated by his opponent on the second, and his countermoves with the black on the second board were repeated on the first.
The situation seemed hopeless. Then the world champion deliberately made a gross chess mistake that seemed to lead to an inevitable defeat. His opponents consulted with each other and decided not to repeat the obviously wrong move and try to win both games. In the end, of course, Alekhin beat both.
The great chess player came out of that difficult situation with honor, but let's look at it from the point of view of his unfortunate opponents. All they had to do was follow their great plan. If they, as initially intended, had repeated all Alekhin's moves, including the most serious mistakes, they would have walked away with the money. But they lacked an essential ingredient for success: discipline.
While chess is complex game, the cryptocurrency market is infinitely more complicated. It involves dozens of trading strategies, hundreds of combinations of factors and many thousands of participants. And I have seen many novice traders who had an excellent trading strategy, a perfect market situation, clear work instructions, but lost their deposits because they could not follow the plan. And the market is smarter than any genius alone, even one like Alekhin, and does not forgive mistakes.
Arseniy was not at all intimidated by the complexity of the cryptocurrency market. At 12 years old, he was passionate about everything related to analytics, graphics, and programming. From the age of four or five, Arseniy would ask for gifts like complex LEGO Technic construction sets; from the age of nine he became interested in programming, and a little later, 3D modeling. All this gave him the skills to understand the structure of complex systems, to build models, and complete tasks instead of abandoning them halfway.
I found what I was looking for in trading. Everything related to IT is my hobby and part of the required modules at school. In our classes we study 3D modeling and programming; even our English course is based on IT terms. Crypto trading and programming have obvious interdisciplinary relationships. For example, if you need to use the built-in language to write your indicator for operation in the TradingView program, you need to get familiar with it. It means you trade and make money, but at the same time you program.
As a father and a teacher, it has always been clear to me that learning is always much better under the guidance of experienced teachers. That is why Arseniy got tutors when he first became interested in programming, and trading coaches a little later – we will discuss them later. Self-study would have never produced such results. But before turning to teachers, we both had to figure out how the cryptocurrency market works, what opportunities and careers there are, and what is worth learning. Which of them is suitable for a 12-year-old boy?
To the casual observer, the cryptocurrency market may seem
