In the world of trading, you don’t always need a large capital to make good profits, you need a smart strategy and effective risk management. In this article, I will share with you how I successfully turned $0.5 to $5 in just one day on Binance, using simple yet effective strategies.
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1️⃣ Choosing the Right Pair to Trade
The first step was to choose the right currency. I focused on currencies with high volatility, such as HEI/USDT, because they provide opportunities for quick profits during strong market movements.
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2️⃣ Use Leverage Carefully
✅ I chose 10x leverage, which made my actual capital equal to $5 instead of $0.5. ✅ Although leverage increases profits, it increases risks, so I was careful to set a Stop Loss to avoid liquidation.
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3️⃣ Trailing Stop Strategy Application
📉 After entering the deal at 0.5500 USDT, I set Trailing Stop at 0.5300 USDT, so that if the price goes up I make a profit, and if it goes down I don't lose everything.
📈 When the price went up to 0.6500 USDT, the stop loss was activated at the highest allowed point, making a great profit.#MileiMemeCoinControversy #GeopoliticalImpactOnBTC #AIandStablecoins #CardanoETFTalk #BNBChainMeme $BTC $ETH $XRP
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Bull trap No. 6. Note that every two days I write to you that there is pumping and emptying in the market. There is no liquidity, so they have to make a trap that raises the price a little so that you enter and drags you down with it. They continue until high liquidity enters. Beware of those who write to you a pump. $XRP
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Guys who bought coin $TRUMP , please reassure me about yourselves, for God's sake😂 How is the moon atmosphere with you after you heard the advice, recommendations and strategies🤣