After many ups and downs, here’s what I’ve learned about trading:
Trading Tips 📊
1. Divide Your Funds 💰:
Split your money into 5 parts. Only use 1/5 at a time.
• Set a stop loss of 10 points. If you’re wrong, you’ll lose only 2% of your total funds.
• If you’re wrong 5 times, you’ll lose 10% max.
• If you’re right, aim for a profit of more than 10 points.
2. Follow the Trend 📈:
• In a downward trend, don’t rush to buy.
• In an upward trend, every dip is a golden chance to buy.
3. Avoid Short-Term Spikes 🚀:
• Coins that surge quickly often drop just as fast. Don’t gamble on them.
4. Use MACD Signals 📉:
• A golden cross below the 0-axis = strong buy signal.
• A dead cross above the 0-axis = time to sell.
5. Don’t Cover Losses 🚫:
• Never add more money to a losing trade.
• Add funds only when you’re making a profit.
6. Watch Volume and Price 📊:
• Big volume + low prices = a potential breakout.
7. Stick to Upward Trends 📈:
• Trade only coins moving up.
• Use these moving averages:
• 3-day line = short-term rise.
• 30-day line = medium-term rise.
• 84-day line = big wave rise.
• 120-day line = long-term rise.
8. Review Your Trades 🔍:
• Check if the coin’s direction has changed.
• Analyze your strategy and improve.
Simple rules, big results! 🌟
Some Quick trades in Bullish Market
