Academy Market Insights Article

OKEx Academy: A Talk with Your Favorite Trader Feature interview with Muro Crypto

2020.05.15

Welcome to OKEx Academy’s new interview series “A talk with your favorite trader”. In this series we will bring you short interviews that feature crypto traders, reveal their insights, perspectives, words of advice to fellow traders and along with some fun facts about them that you probably never knew of. 

We’d like to introduce you to – Muro (@MuroCrypto on Twitter), analyst and trader who has been in the crypto space since 2017 and now runs his own Youtube channel – Muro Crypto that provides free educational videos.

Our community is as curious as us about what a trader’s day looks like!

Can you walk us through your day! What do you do first thing in the morning? 

When I wake up, I make sure to follow my routine. Routine is what separates successful traders from losers. It does not matter how exactly your routine looks like, but you need to have one and follow it.

You must split up your time in the best possible way. Make sure to have fixed times to manage your trades, maybe once or twice per day. 

If you have a full-time job you should focus more on higher time frames.  

Personally, I like to have a good Turkish breakfast when I start my day. Start your day with something that you like, start it with success!

How do you spend most of your time? 

Honestly, relaxing. I try to trade less but make sure it is good, so I chill-out for most of the time, enjoying wellness, some Netflix and a bit traveling. 

What is the one thing you have to do before going to bed?

It will be trading related – set my Stop-Loss, for sure.

What kind of stuff do you put focus on aside from trading and crypto?

Nothing to be honest, I only focus on trading and enjoy the rest of the time.

What is one surprising fact about you that people would not expect?

I have an extreme cynical attitude. You would either laugh with me or run from me.

What got you started with crypto in the first place? 

I knew about Bitcoin since 2012 but the price had reached 2000 USD, and I started investing in 2017.

Do you have a best admired/inspirational figure in crypto space? 

You can say what you want about him but Philakone inspired me to learn Technical Analysis in 2017 after watching a few of his videos!

Can you share some basics with our fellow beginner traders?

What is your favorite/most used technical indicator? 

Exponential Moving Average 200.

As a frequent trader of crypto, what do you look for when you are deciding which trading platform to use? 

A platform must be user-friendly, fast with transactions and secure to trade on it. 

Any must-know skill set for rookie traders? 

Yes. You can find them at my Supply & Demand Videos on Youtube.

How or where to get trade ideas? 

Compare charts, find patterns, trade similarities. 

Day-trading vs. medium/long-term investment, which way you prefer? 

Day-trading! It takes a lot of practice to learn but once you do, it’s awesome.

These are great feedbacks! We have a fun one for you, can you share with our communities on how has Bitcoin changed your life?

Bitcoin connected me to people all around the world. I now have friends in Asia, in the US, and even in India. That’s pretty cool.

Finally, please give our community one last suggestion of how to become a good trader! 

To trade successfully, you need balance in your life. If your life is stressful, you should handle things first. 

Thanks to Muro for taking the time to chat with us! If you want to learn more about crypto trading, make sure to subscribe toSupply & Demand Videos and follow Muro on Twitter!

Follow OKEx Academy on Twitter if you have any questions for us!

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