Discovering coins with potential for rapid surges within 15 minutes to an hour can be challenging, but with the right strategy, you can improve your chances of success. Designed for spot trading and optimized for scalping (quick trades), this approach emphasizes disciplined execution and strategic decision-making.
To maximize profits, start by identifying the right coin. Open Binance and head to the Markets section, dividing your investment into three equal parts. Set the market to a 1-hour time frame and sort coins by Top Gainers. Next, analyze the top gainer’s trend on a 5-minute time frame. If the price is dropping, skip it. However, if the price is rising with a 3-5% increase in the last hour, the coin is worth considering for investment.
When it comes to investing, proceed wisely. Allocate the first part of your funds to the chosen coin. If the price drops by 2%, invest the second part, and if it falls another 2%, deploy the third portion. To minimize losses, exit the trade at your average entry point. For coins showing an upward trend, set a take-profit target of 3-5% to secure gains.
This strategy requires discipline and strict adherence to its principles. You can expect 5-7 profitable trades out of every 10, with 3-5 trades breaking even. By carefully analyzing coins and following these steps, you can make more predictable and successful trades. Stay focused, follow the rules, and watch your trading improve! If you found this information helpful, like and share for more trading insights.