I entered at 0.22 a short with 50$ and when the price hit 0.24 i was alarmed... but i kept hold ... it went 0.26 I just closed and got a big hit ..... my liquidation was about 0.8$ so I was sure it will go down .... but i closed it before sleep ... and opend another short with only 5.5$ to 0.4$ like it will never go there but whatever... ut fortunately I was saine enough to use a SL at 0.45 .... for me it was never gonna reach it next day I wake up and fin that the position was closed .... I was very amazed of it and kept watching it 24/7 ...and i decided to open another short .... and i closed it with loss ... then it opened another short at a ridiculous price and myx went up and my short was open I rushed to close the short with a minor profit ... then it boomed again ...
so I left it alone for 2 or 3 hours ... then came back and boom myx is going up vertically!!! 130% 150% AND so on so FOMO I decided to go with the wave and set a SL i almost won 300% ROI in minutes then suddenly my SL was activated ! ... then i made many trades with it with isloated margin and understood the flow and won many ... but I don't dare to use 30 or 50 $ in one trade .... I won by DCA ... I bought at when it is 1.2$ i set entry at 1$ and at 1.1$ ... buy when and along the way it opened another longs every one with 5 $ each and by doing that i won ... with 5$ amount .. I got unrealized PNL -1.8$ or 2$ the withing 5-10 minutes it goes +1$ then +3$ then again back to +0.5$ so along the way it set 20% TP at x 30% at x ... and 50% at x and closed it finally .... ot has 10~30% swings in price your SL should be away ... and you must buy when every one is selling ... buy when the 1 minute candles is big ...... big red candle not at specific price ....
I only shared a strategy i used .... it doesn't mean you will definitely win but it minimize the risk ... personally in the last 12 hours I didn't share in that shit at all ....$MYX
#summary >>> 1-always use a SL
2- don't go against the wave even if ridiculous.....
3- use DCA
