Down | Ghulam Mohieuddin Nasir Warraich on Binance Square

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Ghulam Mohieuddin Nasir Warraich

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Down 

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Kaleem_09

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$USUAL
where it will go now?
down or up from this point ??

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Ghulam Mohieuddin Nasir Warraich

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1️⃣. Start with a Plan Understand the Market: Know what you are trading (e.g., Bitcoin, ETH, etc.) and follow its movements. Set Goals: Decide if you want to grow your account slowly or take higher risks for quicker gains. 2️⃣. Manage Your Risk Small Position Size: Never risk all your capital in one trade. Use only 1–2% of your total capital for each trade. Example: If you have $100, risk only $1–$2 per trade. Set a Stop Loss: Always decide how much you're willing to lose and use a stop-loss order. Example: If you enter a Bitcoin long trade at $30,000, set a stop loss at $29,500 (you lose $500 max). 3️⃣. Choose High-Probability Trades Look for Strong Levels: Trade near support and resistance areas on 1-hour or 15-minute charts. Example: If BTC has bounced from $29,000 three times, you might consider entering a long trade there. Use Trend Analysis: Trade with the trend (uptrend for longs, downtrend for shorts) for safer trades. 4️⃣. Keep Leverage Low Higher leverage means higher risk. Start with low leverage (2x–5x) until you gain confidence. Example: If you use 5x leverage with $100, you are trading as if you have $500, but if the price drops 20%, you lose your $100. 5️⃣. Take Small but Consistent Profits Avoid aiming for huge profits in one trade. Focus on small, consistent gains. Example: If you risk $10 in a trade, aim to make $15–$20. This is called a risk-to-reward ratio of 1:1.5 or 1:2. 6. Example of Growing $100 Day 1: You take a short trade on ETH with 5x leverage. Entry: $2,000 Stop Loss: $2,020 (Risk $10) Take Profit: $1,950 (Reward $25) Result: If successful, your balance grows to $115. Day 2: You take another trade using 1–2% risk of your new balance ($115). Keep compounding your small profits. 8. Stay Patient Growing small capital takes time. Even if you grow 5%–10% of your account per week, you’ll see great progress in months. Summary: 1. Risk small amounts on every trade. 2. Use low leverage. 3. Trade only strong setups with good risk-to-reward. 4. Keep learning and avoid emotional decisions.

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