I would like to share a trade where I applied my zero loss/negligible loss strategy.
Started with the size 0.01 BNB I gradually increased the position to 2 BNB before closing this trade. Initial position entry price was at 600 dollars and entry price gets adjusted every time I increase the position. This is a safe trading strategy as you can see if it $BNB dumped from 600 I would lose only 1 $ for every 100 $ BNB loses. I will do DCA if it dumps and wait for the position to cross the entry price. In the current trade it pumped. I increased the position gradually by setting SL for safety and closed the trade when I felt it’s enough.
This strategy will be very useful for low capital traders. We have to consider trading fee and funding fee and carefully execute trades.
