Coins that will grow in the next 15 minutes to 1 hour may be difficult to find. However, with the right strategy, you can increase your chances of success. This approach is designed for spot trading and works best for scalping (quick trading).
To get maximum profit, follow these steps carefully:
Step 1: Identify the correct coin 🚀
1. Open Binance and go to the Markets section.
2. Divide your investment into three equal parts.
3. Set the market to 1 hour time frame and sort coins by top gainers.
4. Analyze the trend of the top gainer on the 5-minute time frame.
5. If the price is falling, skip it. If it is rising by 3-5% in the last hour, consider buying.
Step 2: Invest wisely.
1. Invest the first part of your funds in the selected coin.
2. If the price falls by 2%, invest another part.
3. If it drops another 2 percent, add a third. Exit the trade at your average entry point to minimize losses.
4. For growing coins, set your Take Profit (T.P.) to 3-5% 🚀.
Final suggestions
This strategy requires discipline and strict execution. You can expect 5-7 profitable trades out of 10, 3-5 trades will result in no profit or loss. By following the rules and analyzing coins carefully, you can trade more predictably and successfully.
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