Step-by-Step Guide:
Apply this to only $BTC
If you’re interested in learning Futures Trading and earning daily profits, this guide is for you. Follow each step carefully to maximize returns while keeping your capital safe.
Plan: Start with $500 and Earn Daily Profits
1. Starting Capital: Deposit $500 USD into your Futures Wallet.
2. Trade Size: Trade with just $1 per trade using max leverage in Cross Mode.
3. Profit Management:
• Withdraw daily profits.
• Maintain only $500 in your futures wallet, and keep the rest in a safe zone.
4. No Stop Loss: Focus on indicators and your analysis.
Using Indicators for Profits
Timeframe: 5-Minute
• Best for scalping due to fast market movements.
Support & Resistance Lines:
• Support: The level where the price stops falling and bounces back up.
• Resistance: The level where the price stops rising and falls back down.
How to Use:
• At Support: If RSI/MACD confirm, go Long.
• At Resistance: If bearish signals appear, go Short.
RSI (Relative Strength Index):
• Shows overbought/oversold conditions.
• Below 30: Oversold zone → Look for Long signals.
• Above 70: Overbought zone → Look for Short signals.
• Confirm RSI signals with Volume and MACD.
MACD (Moving Average Convergence Divergence):
• Indicates momentum and trend reversals.
• Bullish Signal (Long): When the Blue Line crosses above the Orange Line.
• Bearish Signal (Short): When the Blue Line crosses below the Orange Line.
• Bars:
• Green to Red → Bearish reversal.
• Red to Green → Bullish reversal.
Checklist for Entry Signals
Long Trade:
1. Price is near Support Line.
2. RSI is between 30-50.
3. MACD has a Bullish Crossover.
4. Volume shows increasing green bars.
Short Trade:
1. Price is near Resistance Line.
2. RSI is between 50-70.
3. MACD has a Bearish Crossover.
4. Volume shows increasing red bars.
Exit Signals (Profit Booking)
1. Target achieved (support/resistance level).
2. RSI moves to the opposite zone.
3. MACD weakens (bars change color).
4. Volume drops.
Trading Platform & Resources
• Use Binance for futures trading.
• To understand your emotions and become disciplined, refer to Trading in the Zone by Mark Douglas.
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