Let’s do safe trade!
Opened a small position on Kaito earlier and now I have doubled the size with Stop Loss set at profit.
Two scenarios from here
1. If it dumps and hit SL - Will open a small position again and will gradually increase the size when at profit and set SL like I’ve did now.
2. If it pumps more - Will keep on doubling the size with SL set at profit considering trading fees included in the SL. Will close the position when the profit turns to a good lump amount.
Applying this strategy on loop. SL will be hit many times but still it’s profit. Consider you hit SL 100 times with and SL is set at +0.1$. It will still give you 10 $ profit.
On other case if you’re lucky that it didn’t hit SL and you double the size several times you can have unlimited profit even more than 1000$.
This is safe trading strategy with no loss. Follow me to know more on how to do safe trading without having any loss.