Trading techniques to be a successful trade
—RISK MANAGEMENT: when entering a trade, use about 5% of your portfolio to avoid liquidation of assets.
—ANALYSIS: When a signal is dropped, it's best to re-plot your chart for that particular coin so as to confirm if there is opportunity of entering the trade at a lesser entry price than the signal given or choose not to enter at all. There is no crime in not entering trades because your funds is still safe.
—DISCIPLINE : Do not be greedy. When a TP of 50% and above is given, if the market has been triggered and it is already in profit, close the trade at a price you feel it is ok for the day OR move your SL to Profit zone because a profiting trade can reverse in the next mins or hour. Secondly, when a market hits your stop lose, it is advisable not to re-enter that trade for that same coin in the hope of recovering loses....this step can cause more losses if that particular coin keeps going opposite of your intention. DON'T BE GREEDY.
Set a target for yourself. E.g, My plan is to make 50% of my capital per day. which means once meet that target each day, won't enter any other trade until the following day. Close trades when you are supposed to. Build a healthy portfolio and yoube impressed
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