Short-Term Strategy (Active Trading)

Objective: Capitalize on market volatility to generate consistent profits.

Key Steps

1. Define Trading Timeframes

Day Trading: Enter and exit positions within the same day.

Swing Trading: Hold positions for a few days to weeks.

2. Technical Analysis

Apply proven tools like:

Moving Averages (MA) to identify trends.

RSI to detect overbought or oversold conditions.

Bollinger Bands to gauge volatility.

Identify support and resistance levels for $BONK, $PEPE, $DOGE, and other assets.

3. Market Awareness

Monitor developments related to meme coins like $BONK and $PEPE, which often respond to news-driven momentum.

Track broader crypto market sentiment and macroeconomic indicators.

4. Risk Management

Use stop-loss and take-profit orders to secure gains and limit losses.

Never risk more than 1–2% of your trading capital per trade.

5. Leverage Market Catalysts

Exploit high-impact events, such as new exchange listings, partnerships, or significant milestones.

For meme tokens, track social media trends and community-driven events.

6. Track Performance and Refine Strategy

Maintain a detailed trading journal to analyze successes and mistakes.

Adjust strategies based on market trends and performance insights.