Scalping in spot trading can be a rewarding strategy if executed with discipline and precision. To maximize your chances of success in identifying coins with the potential for rapid surges within 15 minutes to an hour, follow this proven approach. Start by identifying the right coin on Binance by heading to the Markets section and sorting coins by Top Gainers under a 1-hour time frame. Divide your investment into three equal parts and analyze the top gainer's trend on a 5-minute time frame. If the price is dropping, move on to the next coin. However, if the price is rising with a 3-5% increase in the last hour, the coin may be worth considering.
When investing, proceed cautiously. Allocate the first portion of your funds to the chosen coin. If the price drops by 2%, invest the second part; if it drops another 2%, deploy the third portion. To minimize losses, exit the trade at your average entry point. For coins with an upward trend, set a take-profit target of 3-5% to secure gains. This strategy, designed for disciplined execution, typically yields 5-7 profitable trades out of 10, with the remaining trades breaking even.
By carefully analyzing coins and strictly following these steps, you can achieve more predictable and successful trades. Stay focused, adhere to the rules, and watch your trading performance improve. If you found this guide useful, like and share it for more valuable trading insights!
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