1️⃣ Understand the Market
Before you trade, learn how the market moves. Crypto and stocks have trends—upward 📈 or downward 📉. Always check:
• Price charts (candlestick charts are the best)
• Support and resistance levels (where price usually stops or reverses)
• Market news (crypto reacts fast to news!) 📰
2️⃣ Use a Strategy
A good strategy increases chances of profit. Some simple ones:
• Scalping: Small trades for quick profit ⏱️
• Swing trading: Hold for a few hours or days for bigger moves
• Trend following: Buy when price goes up, sell when it slows
💡 Example: Buy crypto at $50, wait till it hits $55, sell, repeat.
3️⃣ Manage Your Risk
Never put all money in one trade! ⚠️
• Set stop-loss: Automatically sell if price drops too much 🛑
• Take profit: Automatically sell when you reach a target 💰
• Only risk 1–2% of your total capital per trade
4️⃣ Keep Track
• Take screenshots of trades 📸 (these are great for your article too!)
• Note entry price, exit price, profit/loss
5️⃣ Learn Continuously
Trading is skill + patience. Watch tutorials, read articles, and analyze your mistakes. 📚
Follow for more ty😍😍
These are some old ss👇
