August Trading Challenge: $1,000 to $10,000

🚀 Swing Trading Strategy & Tips 🚀

Hey there! Welcome to our swing trading challenge. Here's how we'll approach it:

1. Trading Style:

We’ll focus on trades that last between 1-10 days, using the 4-hour (4H) timeframe. This helps us catch trends while avoiding unnecessary noise.

2. Leverage:

We’ll be using 10-20x leverage, which amplifies both potential profits and risks. Keep a cool head and stay disciplined!

3. Take Profits:

- TP1: The first target is where the price might encounter support or resistance.

- TP2: The second target is more ambitious, aiming for where the trend could potentially exhaust.

4. Stop Loss Strategy:

Once TP1 is hit, immediately move your stop loss to the entry point. This locks in your gains and ensures that if the market turns, you exit without a loss.

5. Notifications:

Make sure your chat notifications are ON 🔔 so you don't miss any real-time trade updates.

6. For Smaller Bankrolls:

- If you can't start with $1,000, no worries! Start with $100 or $500.

- Use the same leverage and maintain the same percentage of your bankroll per trade. Consistency is key!

7. Daily Updates & Fun:

This challenge isn’t just about profits; it’s about enjoying the process too! Expect daily updates on our trades. Let's keep it exciting! 🎉

If you have any questions or need clarification, feel free to ask in the chat. Discipline and staying informed are our best allies in this game.

Next Step? 🚨

I'll share the next coin name and buy/sell range on CoinMarketCap (CMC).

How to Find It:

1. Download the Coinmarket app from the Play Store or App Store.

2. Search for 👉 " Bsjoebiden " 👈 to discover the next top coin on Binance with potential 5-30x returns in 6-8 months.

Enable notifications 🔔 and have a great day! 🥂

@Bsjoebiden