đŻ RULE NO. 788: The Ultimate Guide for Spot & Futures Traders đ
Want to outperform the market and take your trading to the next level? Letâs break it down đ
đ„ HTF (High Time Frame) Plays đ„
Risk: Up to 3% of your account (Max 5% if optimal)
Run these plays for weeks to months, and use them as your hedge! If shorter-term trades donât work out, âshave offâ profits from your HTF positions to cover the loss. This is the key to Risk Management!
Stay in these plays, whether in Futures or Spot trading, to maximize gains. đ
⥠MTF (Medium Time Frame) Plays âĄ
Risk: Up to 2% of your account
These trades last several days to weeks. Perfect balance between long-term and short-term strategies! đŻ
⥠LTF (Low Time Frame) Plays âĄ
Risk: Up to 1% of your account
Fast plays lasting minutes to hours, max 2-3 days. These are high volatility trades with a lot of ânoise.â For the experienced trader ONLY. Donât fall for the âfaster gainsâ trap! đ«
đĄ Pro Tips:
Never risk more than 10% of your account, especially if you're new.
Trail ALL your positions once in profit. Lock those gains and minimize your risks. Better to secure steady profits than chase maximum gains and end up losing.
Realistic targets are key for Spot trades. Donât let FOMO ruin your strategy!
Remember, trading is not linear. Failures will happen, but with patience and learning, you'll optimize your game and succeed over time. The day will come when youâll profit every week, no matter the market conditions. đ
â ïž NEVER REVENGE TRADE â ïž
If a trade fails, MOVE ON. Donât HODL into losses. Recover on future plays.
Do you have what it takes to ride through the hardships and come out winning? đȘ
#BinanceTrading #CryptoStrategy #RiskManagement #FuturesTrading #Write2Earn!