📈 HOW TO TRADE WITH A CURRENCY PAIR (STEP BY STEP) 🧠💸
For those who are new to the crypto world, here’s a simple guide to not get lost in the charts! 👇
🔹 1. Choose the currency pair:
Ex: PEPE/USDT 🐸💵
➡️ This means you are trading PEPE based on the dollar (USDT).
🔹 2. Open the chart on your exchange app (e.g., Binance):
Go to "Markets", search for the pair (e.g., PEPE/USDT) and open the chart.
🔹 3. Analyze the trend:
Use the chart (1h or 15min) to see if the price is rising 📈 or falling 📉.
Tip: Use moving averages or RSI to confirm.
🔹 4. Define your entry point:
📌 Wait for a confirmation (e.g., strong candle, breaking resistance).
Don’t fall into FOMO! Wait for the right moment!
🔹 5. Set profit target and stop loss:
Ex:
✅ Target: +5% profit
❌ Stop: -3% loss
Discipline is more important than always being right!
🔹 6. Execute the buy/sell order:
Market order: executes at the current price
Limit order: sets the price you want to buy/sell
🔹 7. Manage the operation:
Follow calmly. Has it risen well? Consider taking partial profits. Has it dropped too much? Stop and live to trade another day!
🔒 Final tip:
Start small. Practice. Learn.
📚 Trading is training, not betting!
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