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In the new episode of Trade Gods, Scott Melker, aka The Wolf of All Streets, talks to Bitcoin Jack Sparrow about his unique approach to trading, his lifestyle and Jack’s bullish Bitcoin price predictions.
Trade Gods is a new show by Scott Melker, where famous traders reveal their techniques and philosophies and discuss markets. Watch it to learn from the best and become a better trader.
More about Alpha5 Exchange!
Alpha5 is a new derivatives exchange, with a twist. It is the first to deploy the same implied orderbook technology as you see on the CME, and it’s now come to life, with the backing of some of the most well-regarded investors in this space.
What that means is that you can now, for the very first time in crypto, trade spreads, or the price-difference between two contracts, across all products. You can trade your Bitcoin perpetual swap against the March Future, the December Future against the June. Whatever your view, no matter how funky your strategy, all the combinations are covered. And it’s live now, for both Bitcoin and Ethereum. And best of all, forget all the pockets of margin you have to remember. All trades on Alpha5 are out of the same pot of equity, and all unrealized profits are able for use IMMEDIATELY.
If you’re serious about exploring new strategies, love the idea of yield, and looking to tap into ideas hidden in plain sight, be sure to check out Alpha5.
0:00 Intro
1:06 How Did you develop your system and how do you define it?
5:09 Alpha 5
6:30 Was losing at the beginning of your trading career a valuable lesson?
8:16 What is Gann and how do you use it?
14:03 What is the starting point of your analysis?
17:02 How much time do you spend on analysis before entering a trade?
21:09 What has led to your success as a trader?
24:02 How much does your outside life affect your profitability?
25:20 What are your best trades?
29:00 How do you manage your risk?
31:57 How do you manage your overall portfolio?
33:33 What is your Bitcoin price prediction?
37:25 What needs to happen for Bitcoin to reach an $8 trillion market cap?
40:44 Funniest story from the crypto space
42:32 How did you become famous in the crypto community?
45:14 How do you protect your crypto assets?
46:36 What is your advice to new traders?
48:50 What is your goal as a trader?
