📈 HOW TO TRADE A CURRENCY PAIR (STEP BY STEP) 🧠💸
If you're new to the crypto world, here's a simple guide so you don't get lost in the charts! 👇
🔹 1. Choose a currency pair:
Ex: PEPE/USDT 🐸💵
➡️ This means you're trading PEPE based on the dollar (USDT).
🔹 2. Open the chart in 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 going up 📈 or down 📉.
Tip: Use moving averages or RSI to confirm.
🔹 4. Set your entry point:
📌 Wait for confirmation (e.g. strong candle, breakout of 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 being right every time!
🔹 6. Execute your buy/sell order:
Market order: executes at the current price
Limit order: sets the price you want to buy/sell at
🔹 7. Manage the trade:
Stay calm. Price pumped? Take partial profits. Dropped too much? Stop it and live to trade another day.
🔒 Final tip:
Start small. Practice. Learn.
📚 Trading is training — not gambling!
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