A new tool called the 24-7 terminal offers a high-speed method for trading cryptocurrency based on breaking news events. The strategy involves connecting the software to an exchange like Bybit or Binance to quickly execute leveraged trades on volatile assets. For example, a trader might use 5x to 10x leverage to short a token like the Trump token immediately following a negative rumor. This is a high-risk approach intended for active, short-term traders, not long-term investors. Those interested should note that subscription prices are set to increase after October 1st and available spots are limited.

24-7 Terminal (Trading Tool)

• The podcast introduces a trading tool called the 24-7 terminal, which is presented as a way to trade cryptocurrency based on breaking news, similar to a Bloomberg terminal used in traditional finance.
• The core value proposition is speed; the tool allegedly provides news faster than other sources, allowing users to "ride the pump with the insiders" before the information becomes widely known.
• The host claims to have tested the method for two weeks with "massive massive profits."
• How it works:
  • It's a downloadable software for Windows or Mac.
  • Access is granted via a license key, not a traditional email/password login. This key must be kept secure.
  • It connects to your crypto exchange account via an API key. Supported exchanges mentioned are Bybit, Blowfin, and Binance.
  • Users must grant the API key "trade" permissions but are explicitly warned not to grant "withdraw" or "transfer" permissions to protect funds.
  • The terminal allows users to pre-set trade sizes (e.g., $200, $500, $1,000, $5,000) and execute long or short trades with a single click when news breaks.
• Cost and Availability:
  • The service is a paid subscription with monthly and yearly packages.
  • The host states that prices will be higher after October 1st.
  • It is also mentioned that there are limited spots available to ensure the "edge" of the tool is not lost.

Takeaways

• This is a high-risk, high-reward trading tool designed for active, short-term traders, not long-term investors.
• The strategy relies entirely on being faster than the rest of the market in reacting to news. The effectiveness of the tool is dependent on the quality and speed of its AI-filtered news feed.
• Security is critical: If you consider using such a tool, you must understand how to create and manage API keys securely. Never grant withdrawal permissions to a third-party application.
• The claims of being "insanely profitable" should be treated with caution. The podcast is a promotion for the product, and past performance is not indicative of future results.

News-Based Trading (Investment Strategy)

• The primary strategy discussed is trading the short-term price volatility that occurs immediately after significant news is released.
• The host provides an example of trading the Trump token based on a rumor. He demonstrates executing a short position with a single click, and then closing it moments later.
• The strategy involves using leverage. The host gives examples of setting up trades with 5x and 10x leverage.
  • For example, with a $1,000 account, using 10x leverage on $100 of your own capital would result in a $1,000 position size.
  • A more "degen" (high-risk) example mentioned was putting 50% of a $1,000 portfolio ($500) on a 10x leverage trade, creating a $5,000 position.
• The host explicitly states, "this is not a holy grail," acknowledging that the strategy is not foolproof and will not work every time.

Takeaways

• This is an advanced trading strategy that requires constant attention to the market and the ability to make split-second decisions.
• Using leverage, especially 10x, dramatically increases both potential profits and potential losses. A small price movement against your position can lead to a complete loss of the capital in that trade (liquidation).
• This strategy is not suitable for beginners or those with a low risk tolerance. It requires a deep understanding of market dynamics, risk management, and the specific assets being traded.