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Askanda
--
Bearish
🏧Making $50 per trade on Solana Strategy
Trading Capital: $600
Risk Tolerance: 3% per trade
Number of Trades per Week: 4
Trading Pair: SOLANA/USDT
Platform: Binance Futures
Risk to Reward: 1:3
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✅Risk Tolerance:
3% of $600 = $18
You're willing to risk $18 on each trade.
Position Size:
With a fixed risk of $18 per trade and aiming for a Risk to Reward ratio of 1:3, your position size can be adjusted accordingly.
If your risk per trade is $18, your potential reward should be three times that amount, i.e., $18 * 3 = $54.
✅Number of Contracts:
If trading futures on Binance, you would determine the number of contracts based on your position size and the contract size of the SOLANA/USDT futures.
✅Total Risk per Week:
With 4 trades per week, your total risk for the week would be 4 trades * $18 per trade = $72.
✅Target Profit per Week:
If each trade aims for a $50 profit and you make 4 trades per week, your potential weekly profit could be $50 * 4 = $200.
Adjustments:
As always, adjust your risk parameters if your capital grows or decreases. Regularly reassess and modify your strategy based on changing market conditions.
Remember, a Risk to Reward ratio of 1:3 implies that for every $18 you risk, you aim for a $54 profit. While this ratio can potentially enhance profitability, it's essential to ensure that your strategy has a reasonable chance of success based on your analysis of the SOLANA/USDT market.
Additionally, continuously monitor your trading performance, analyze the results, and refine your strategy accordingly. Trading involves risks, and there are no guarantees of profit. Staying disciplined and managing risks effectively are crucial aspects of successful trading. Good luck with your trading endeavors!
#Write2Earn #TrendingTopic #Sei #BNB/FDUSD
$BNB $BTC $SOL
Trading Capital: $600
Risk Tolerance: 3% per trade
Number of Trades per Week: 4
Trading Pair: SOLANA/USDT
Platform: Binance Futures
Risk to Reward: 1:3
🎁Follow me for accurate trading signals daily. Share and like if you want to be part of my trading team.
✅Risk Tolerance:
3% of $600 = $18
You're willing to risk $18 on each trade.
Position Size:
With a fixed risk of $18 per trade and aiming for a Risk to Reward ratio of 1:3, your position size can be adjusted accordingly.
If your risk per trade is $18, your potential reward should be three times that amount, i.e., $18 * 3 = $54.
✅Number of Contracts:
If trading futures on Binance, you would determine the number of contracts based on your position size and the contract size of the SOLANA/USDT futures.
✅Total Risk per Week:
With 4 trades per week, your total risk for the week would be 4 trades * $18 per trade = $72.
✅Target Profit per Week:
If each trade aims for a $50 profit and you make 4 trades per week, your potential weekly profit could be $50 * 4 = $200.
Adjustments:
As always, adjust your risk parameters if your capital grows or decreases. Regularly reassess and modify your strategy based on changing market conditions.
Remember, a Risk to Reward ratio of 1:3 implies that for every $18 you risk, you aim for a $54 profit. While this ratio can potentially enhance profitability, it's essential to ensure that your strategy has a reasonable chance of success based on your analysis of the SOLANA/USDT market.
Additionally, continuously monitor your trading performance, analyze the results, and refine your strategy accordingly. Trading involves risks, and there are no guarantees of profit. Staying disciplined and managing risks effectively are crucial aspects of successful trading. Good luck with your trading endeavors!
#Write2Earn #TrendingTopic #Sei #BNB/FDUSD
$BNB $BTC $SOL
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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