➡️Hey Traders! To succeed in futures trading, strict risk management is essential. Always allocate only 10% of your wallet per trade. Start with 5% on your initial entry and 5% on your secondary entry. For example, if you have $100 in your wallet, limit your investment to $10 per trade (meaning $5 on the first entry and $5 on the second). Sticking to this 10% rule is key!
➡️When you reach your target, adjust your stop loss (SL) to the entry price. If further targets are hit (e.g., Target 2 or T
🚨Important Update for Trading in Current Market Conditions:
The market has been very unstable recently, with frequent stop-loss (SL) hunting on both sides. This has impacted our trades. To adapt, we’ve updated our strategy for the coming days, as this market behavior is likely to continue.
✨ Here’s what to do: 1. Use low leverage. 2. Invest less money in a single trade. 3. Focus on booking profits in parts.
🔈New Profit Booking Strategy: 1. Book 20% profit at TP1. 2. Book 50% profit at TP2 and move your SL to breakeven. 3. Book 70% profit at TP3 and move your SL to TP1. 4. Book 90% profit at TP4 and move your SL to TP2 or TP3. 5. Book 100% profit at the final target.
🟢This approach helps secure profits and minimizes risks in this SL hunting market condition, as our most trades are reaching at least 1-3 TP targets in this market condition. By following this strategy, we can trade more safely and avoid unnecessary losses from stop-loss hunting.
The enterprise-level Bitcoin FOMO fever is heating up as the big guys are still holding mountains of BTC and are still not satisfied, eagerly buying more. New players are also rushing to join the game so as not to be left behind.
Currently, globally listed companies are holding a total of 444,332 BTC . Of which:
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American businesses are still leading the race to collect Bitcoin, they see it as a strategy to prevent inflation and diversify assets. Leading the way is MicroStrategy (331,200 BTC), followed by Marathon (27,562 BTC), Riot (27,562 BTC) & Tesla (9,720 BTC),…