❗️Beginner Trading Advice (Future Market)❗️
Start Slowly: Begin with small capital, such as US$ 100.
Currency Selection: Choose currencies with lower volatility.
Leverage: Use leverage no more than x10.
Leverage Limit: Ensure your leverage ratio never exceeds 50% of your capital (for example, if you have US$ 100 in your portfolio, your leverage should not exceed US$ 150 = US$ 15 x 10).
Avoid Trading at the Same Price: Never buy or sell any currency using your entire margin at the same price.
Split Margin: Divide your margin into 4 parts ($15/4 = $3.8), which means you will open long or short positions with $3.8 x 10 = $38 USDT.
DCA Strategy: If you open a long position and the currency drops by 5-10%, buy again at $ 3.8 x 10 (this is called dollar-cost averaging, or DCA), so your entry point is now lower. The same applies if the currency rises by 5-10% for a short position. Your position will now be USDT$ 76, and your balance will be USDT$ 100.
If the token passes the breakeven point, close it. If it drops again by 5-10% or more, DCA again. (Never use DCA for drops of 1-2%).
Charts: Choose a duration, such as 1 hour, 4H, 1D. Analyze the charts to understand the performance of the currency.
RSI Indicator: Since you are a beginner, use the RSI indicator to determine the duration (1H, 4H, 1D, etc.). If the RSI score is below 20, it is oversold and may rise slightly, which is safe in the long term. If the RSI score is above 90, it is overbought, so it is safe to short.
Stop Loss: Never trade without a stop loss; it is a lifesaver in case of accidents.
Patience is key. Stay updated on market dynamics. Enter and exit trades on time, and never trade as a continuous trader. Once you profit, relax and wait for the next safe entry. If you suffer a loss, take it easy and do not rush to recover; you may end up losing more. Wait for a safe entry. #你问我答 #美国大选后行情预测 #美国大选后涨或跌？ #非农就业人数大幅降温