đĄ For traders and investors aiming to take their skills to the next level and consistently outperform the market, here are some key strategies to follow:
đ HTF (High Time Frame) Plays:
â Allocate up to 3% of your trading account to HTF plays (can go up to 5% if conditions are optimal).
These are longer-term trades lasting weeks to months, where big gains are possible.
Use HTF plays to hedge against short-term losses by shaving off some profits to cover unexpected setbacks.
đŻ Focus on HTF plays in both Spot and Futures trading for the best risk management and growth potential.
đ MTF (Medium Time Frame) Plays:
âïž Limit MTF trades to 2% of your trading account.
These trades typically last several days to a few weeks.
MTF plays offer a balance between risk and reward, providing more stability than shorter-term trades.
â±ïž LTF (Low Time Frame) Plays:
đž Allocate no more than 1% of your trading account to LTF plays.
These trades are shorter-term, lasting minutes to a few days, but come with higher volatility and more market "noise."
â ïž LTF trades are riskier and often not suitable for inexperienced traders. Avoid chasing quick gains in this fast-paced market to reduce unnecessary risks.
đ Risk Management Tips:
If your trading account is small, you may need to increase your risk allocation, but never exceed 10% of your account, especially if youâre new.
Minimize your losses during the learning process to ensure long-term growth and stability.
đ Trailing Stop-Loss Strategy:
Trail all your positions once in profit to protect your gains.
Accumulate profits gradually rather than trying to maximize gains in each trade.
Refine your stop-loss (SL) strategy to avoid early exits while securing profits at key liquidity levels.
đŻ Spot vs. Futures Positions:
Spot trades require less precision than Futures, but always set realistic targets before entering any position.
Be ready to adjust your plays at any moment as market conditions are always changing.
đ Achieving Consistency in Trading:
đ Understand that the market is not linearâyou will fail at times, but thatâs part of the journey.
Stay focused on optimization and learning to reduce your failures and eventually become consistent.
Success in trading is possible with dedication and the right mindset. Anyone can achieve a high success rate if they believe in their ability to improve.
â ïž Golden Rule: NEVER REVENGE TRADE
If your trade idea fails, whether in Spot or Futures, move on without doubling down.
Avoid holding onto a losing positionâlet go and focus on the next opportunity to recover your losses.
đȘ Your Trading Journey:
The road to success is not easy, but those who persist through the challenges will eventually find their stride.
Keep your eyes on the prize, learn from your mistakes, and remember that consistency is the key to long-term victory in the market.
