If you want to make quick profits, this strategy is ideal as it is designed for instant trading on Binance, focusing on short-term opportunities where currencies may rise within a brief period of one hour to four hours.
Step one: Choose the currency
Go to the markets: Choose either the biggest winners or the biggest losers and select three to four currencies from them.
Add your selected currencies to your favorites list
Follow its trends on the chart for one hour
Notice the currency movement and the extent of changes in the highs and lows.
If the price is rising or falling steadily by 3-5% in the last hour, this may be your trading opportunity.
Step two:
Once you find a currency suitable for speculation with good profit potential, follow this buying strategy:
Buy one-third of the amount for the first part and wait a moment; if the price drops, buy another third, then place an order for the last third at the lowest price, which should be less than the lowest price the currency has reached, and wait to calculate the profit price for each of the first two thirds in case you achieve either or both.
Step three
If the currency moves up as expected, set the profit price for the first entry point and above it set the profit price for the second entry point.
The third part is for balancing in case of a sudden sharp decline
If the price remains below the average purchase value for a long time, exit at the breakeven point to avoid losses.
Why this strategy works
High momentum currencies: Filter the top winners or pressure for accumulation
Risk management: Divide investments into three parts to protect against sudden declines.
Quick profits: Focus on small, consistent gains instead of holding for long periods.
Professional tips for success
Stick to the rules: Follow the steps closely; skipping them may lead to losses.
Limit your trades: Aim for 5-7 profitable trades out of every 10
Stay focused: Keep your emotions in check and avoid overtrading.
Follow $WCT
