Trading Strategy & Analysis - The trader uses technical analysis, including Elliot Wave theory and Fibonacci multiples, to identify potential directional changes in the market, specifically focusing on Bitcoin and Solana [7][8][9][12] - The trader identifies and targets fair value gaps (FVG) as potential entry and exit points, using custom indicators to confirm trading criteria [14] - Risk management is crucial, with the trader calculating risk-reward ratios (e g, aiming for 67% return on risk) and setting stop-loss orders to contain potential losses [17][18] - The trader emphasizes the importance of adapting to market volatility, adjusting stop-loss levels, and taking profits at key support and resistance areas [19][25][32] Trade Execution & Performance - The trader aims for high-quality setups, prioritizing risk reduction and letting winners run, rather than focusing solely on the number of trades [47][49] - On a specific day, the trader executed three successful trades, resulting in a total profit of $8465, with a win rate of 66%, significantly higher than the usual 37-40% [29][37][44][55] - The first trade resulted in a $211 loss due to being stopped out at break even, while the second and third trades yielded profits of $4162 and $4500 respectively [28][37][42][55] - The trader demonstrates the potential for significant returns by scaling risk, illustrating that even with smaller capital (e g, $50 or $100 per trade), consistent profits can be achieved [57] Market Bias & Asset Focus - The trader uses Bitcoin as a guide for the overall cryptocurrency market, while also analyzing other pairs like Solana and Ethereum [6][7][11][12] - The trader identifies key levels of support and resistance, using them to determine potential entry and exit points for trades [10][11][21][31]