good TIPS

🚀 Step-by-Step Strategy to Earn $100–$1000 Using Candlestick Patterns:

📌 1. Trade with Leverage (Futures Trading) — but with caution!

Use 10x leverage, but risk only 2–3% of your total wallet per trade (as the cheat sheet advises).
With $200 capital, that means risking only $4–6 per trade.

📌 2. Focus on High-Probability Patterns

From the cheat sheet, prioritize:

Bullish Reversal Patterns:

Hammer 🟢
Bullish Engulfing
Morning Star

Bearish Reversal Patterns:

Hanging Man 🔴
Bearish Engulfing
Evening Star

These are ideal for trend reversals, where big profits are made quickly.

📌 3. Trade Breakouts with Continuation Patterns

Bullish Continuation:

Rising Three Methods
Bullish Mat Hold

Bearish Continuation:

Falling Three Methods
Bearish Mat Hold

These help you ride strong trends, especially after confirmation candles.

📌 4. Use 1-Hour or 15-Minute Timeframes

Use 1H for safer swing trades
Use 15min for scalping (faster profits, higher risk)
Look for patterns at support/resistance, trendlines, or after news-driven moves.

📌 5. Entry + Stop Loss + TP Setup (Example with Bullish Engulfing):

✅ Entry: After confirmation green candle
❌ Stop Loss: Just below the engulfing candle
🎯 Take Profit: Use 2x or 3x your risk (Risk:Reward = 1:2 or 1:3)

📌 6. Compounding Results Example (With $200 and 10x Leverage):

DayCapitalTrade Gain (10–15%)Total1$200$25 (scalping 2-3 trades)$2252$225$35–$45$260–2703$270$60–$100$330–370+

With 3–5 trades daily, hitting $500–$1000 is doable if success rate stays above 60–70%.

⚠️ Important Rules to Avoid Losses

❌ Never chase candles without confirmation
🛑 Respect stop loss ALWAYS
💡 Combine candlesticks with RSI, Volume, or Support/Resistance

✅ Pro Tip

Use these candlestick patterns alongside volume spikes and trend lines for ultra-precise entries.

💬 Final Thought:

Learning these candlestick formations is your first weapon. Execution is your key.
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