After half a month of creating a zalo group (👉 group address: t.ly/FREVI) to test signals from my short-term coin price forecasting software. More than 30 people have joined in testing signals from my software to trade on Binance Futures. The results are still updated daily on Square, in general, when opening a position from a signal from the software, the rate of positions that can take profit is higher than positions that are stuck with Stoploss. Many people have also made money from the signals provided by the software.
I plan to open a directional trading account after the 2/9 holiday with trading signals from my software. The initial capital is the minimum of 1000 USD that Binance requires for Lead Trader accounts, with a trading target of 5% capital profit per day. The next day, the profit is added to the principal and the trade continues to compound the profit. The positions will be opened with X25 leverage, using 5% of the capital to open the position, no SL, no pump armor if the position is at a loss, accepting liquidation. The take profit level fluctuates between 1-3% of the total capital. Calculating that for an order to be hit by SL, it will take 2-3 TP orders to save. An example illustrating how to place an order is as follows:
Total initial investment: 1000 usdt💵
Each position opened with 5% capital: 50 usdt💵
Using leverage X25, volume of each position is 50x25 = 1250 usdt💵
Why use X25 leverage? For each position using X25 leverage, when the mark price compared to the opening price of the position is negative by about 3%, the position will be liquidated. This is similar to setting SL for a price deviation of -3% compared to the opening price of the position (for short positions it is +3%)
For each profitable position, the TP price will be calculated to be about 1%-3% different from the opening price of the position. The calculation is to make sure that 2-3 winning orders will recover the loss caused by 1 order being stuck with SL.
Similarly, TP from 2-3 positions will meet the target of 5% profit of total capital per day. After reaching the profit target, stop trading immediately to avoid risks. On days when the target is not reached, the following days must be compensated.
Trading days are calculated according to Binance's regulations, from 7am on the current day to 7am the next day. Profit or loss is added to the original. On the new trading day, the amount to open each position will be 5% of the total capital after adding profit or subtracting loss.
Trade this way continuously until Tet. Principal and interest in case of achieving the target are as in the following table (see full table at: https://t.ly/dDfLJ ): Anyone want to join? 🤑