đ„ł$45 daily profits on Binance đ€
đHello, fellow traders!
âšïž Are you excited to explore a strategy that can help you earn $45 daily profit on Binance, while minimizing risks? Let's dive into the world of scalping and find out how this technique can turn small transactions into reliable income.
đDemystifying scalping
Scalping, a short-term trading approach, seeks to capture rapid price fluctuations in the market. It exploits minor price movements for consistent and fast trading.
If you want to dig deeper into the nuances of scalping, check out my previous comprehensive article on the subject.
The Plan: Implement the Strategy for Your $45 Daily Earnings
1. Use margin and leverage
Start your trading journey with $150 margin and apply 10x leverage to your trades. Keep in mind that leverage magnifies both potential gains and losses, so be careful.
2. Look for Promising Coins
Identify coins that show significant potential for short-term price fluctuations. Prioritize diligent research and thorough analysis to ensure your decisions are well-informed.
The 3.5% strategy
Once you have identified a promising coin, monitor its price carefully. When the coin value increases by 5%, seize the opportunity and close the trade. Maintain your profit discipline even if the price continues to rise
4. Calculate the value of your transaction
Working with a margin of $150, a 5% price increase equates to a profit of $8, which should be your goal for every trade.
5. Trade with caution
Take a disciplined approach to trading. Protect yourself from the influence of greed and aim for regular profits of $8 while avoiding excessive trading activities.
