A legitimate spot strategy with a daily profit of only 3%!
(Inspired by the lessons from the book "The Psychology of Money")
🎯 Final goal:
Achieving $5000 over 300 trading days using a small capital ($50) through halal spot trades with a daily profit of 3%.
🧠 The big secret:
Profit does not come from huge trades, but from compound interest + discipline + consistency.
📋 The simplified daily plan:
✅ 1. Capital:
Start with only $50.
✅ 2. Daily trade:
Only one trade per day.
Target profit: 3% of the capital.
Stop loss: only 3% of the capital.
✅ 3. Trade duration:
Holding period for the trade: 24 - 48 hours maximum.
No matter the situation: exit after the specified period even if you do not achieve the goal.
✅ 4. Number of trades:
156 trades over 300 trading days (days without trades are considered breaks).
You only need 50% of your trades to succeed to achieve the goal!
📈 How do you choose the currency every day?
📱 Steps:
1. Download the Coinglass app
2. Go to the "Top Losers" section on Binance Spot.
3. Choose 3 currencies that have dropped by -8% to -10%.
4. Copy its contracts and search for them on Binance.
5. Choose a currency that is being heavily liquidated (abnormal pumping = rebound opportunities).
📊 Golden notes:
✏️ Prepare a table with 156 slots (each slot = trade).
Every time you execute a trade, write the result (✔ or ✖).
Discipline is more important than analysis!
Do not risk doubling the size after a loss.
Do not enter two trades on the same day.
📌 Reminder:
Success does not require extraordinary intelligence, but extraordinary commitment!