If you are a beginner in the world of digital trading, the simplest effective and relatively safe strategy is based on **simple day trading using basic technical analysis**. Here are clear and easy-to-implement steps:
## 1. **Choose a Major and Stable Trading Pair**
Start with a popular and highly liquid pair like:
- **BTC/USDT** or **ETH/USDT**
These two pairs have relative stability compared to small currencies, with live data flow to assist you in decision-making.
## 2. **Use the 4-Hour Time Frame (4H)**
Instead of entering into minute fluctuations, monitor the chart every 4 hours. This reduces stress and helps you see the overall trend clearly.
## 3. **Learn Just Two Simple Technical Signals**
### A. **20 Moving Average (MA20)**
- If the price is above MA20 → the trend is upward.
- If the price is below MA20 → the trend is downward.
### B. **Trading Volume**
- When the price rises with increasing volume → strong buy signal.
- When the price drops with increasing volume → strong sell signal.
## 4. **Simple Entry Rule**
- **Buy** when the price crosses above the 20 moving average **with an increase in volume**.
- **Sell** when the price crosses below the 20 moving average **with an increase in volume**.
## 5. **Set Profit and Stop Loss Targets**
- **Stop Loss**: Set it at the lowest price of the previous candle (Low).
- **Take Profit**: Set it at a nearby support or resistance level, or use a ratio of 1:2 (for example: if you risk 1%, your target is 2%).
## 6. **Trade with a Small Portion of Your Capital**
Start by allocating 5-10% of your portfolio for each trade. This reduces risks and gives you room to learn from mistakes.
## 7. **Do Not Trade Every Day**
Trading does not mean moving at every moment. Only enter when the signal is clearly visible. Patience is part of the strategy.
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Once you consistently apply this strategy, while monitoring live data and price updates, you will start building your confidence and understanding of the market step by step.
😎👍❤
