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Trading 101

If you re new to trading and not certain when to buy into a market. The best way is to use the most simple way. Using the golden cross method on higher time frames using the 200 MA and the 50 MA. When they cross, it signals trend movement.

On the cross, draw a horizontal line, making it your support and resistance barrier. When a market crosses, it will also retest to that same level, it also allows you to cancel out false breakouts.

A very simple 101 method, and allows you to put in stop losses properly when entering a market.

I used this method on other exchanges, and it is the best way, also, dont target high leverage. I always set my market at 5:1, for every 1% gain, I get 5% return. Also allows you to not lose your funds much faster.

When trading, make a trade of 1% of your overall account, allows you to lose less, and if market works in your favour, your 1% trade, is a 5% profit.

Trade smart, dont chase greed.