If you want to achieve quick profits, this strategy is ideal for that as it is designed for instant trading on Binance, focusing on short-term opportunities where currencies may rise during a brief period within the hour and four hours
Step one: Choose the currency
Move 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 the favorites list
Follow its trends on the chart for an hour
Observe the currency movement and the extent of the rise and fall changes
If the price is consistently rising or falling by 3-5% in the last hour, this may be your trading opportunity.
Step two:
Once you find a valid currency for speculation with good profit, follow the next buying strategy:
Buy a 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 lower than the lowest price the currency reached. Wait and calculate the profit prices for each of the first two thirds in case you achieve one 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 third is for balancing in case of a sudden rapid 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 and consistent gains instead of holding for long periods.
Professional tips for success
Stick to the rules: Follow the steps precisely; skipping them may lead to losses.
Limit your trades: Target 5-7 profitable trades out of every 10
Stay focused: Keep your emotions in check and avoid overtrading.$BNB
