I don’t understand why most people don’t use stop-loss. They don’t follow international news, don’t read chart patterns, and don’t check heatmaps. Then, when they lose money, they start complaining. Brother, trading doesn’t work like that. At least learn about bullish and bearish engulfing patterns. If nothing else, take help from ChatGPT or DeepSeek!
If you understand these basics, you won’t need to rely on others. Everyone has their own trading style—here’s mine:
I wait for the market to drop because the crypto market is highly volatile—one week up, one week down. The market doesn’t crash suddenly from all-time highs; it moves up and down before taking a clear direction. International news plays a big role in these movements.
When I see the market dropping, my goal is to enter when the long red candle starts getting smaller. I don’t enter immediately; instead, I check Bitcoin’s heatmap. If Bitcoin has faced liquidation and is at a support level where it might bounce back, I select a coin from the top 100 list. My favorite is Link coin.
Then, I analyze the 15-minute chart. If the price is moving up and two green candles have formed, I wait for a small pullback. The market moves in swings. When the price dips again, I enter and set my stop-loss at $0.50 or $0.75.
For example, if I buy Link coin at $21.04 and set my stop-loss at $20.80, and then the price reaches $21.40, I revise my stop-loss to $21.10. This way, I reduce my risk from $0.75 to $0.40. As the price rises, I keep adjusting my stop-loss, always keeping it a few points below the current price.
Eventually, my stop-loss moves into profit, and I can relax while the trade runs. My priority is not taking quick profits but making sure my stop-loss doesn’t hit too soon. Usually, the market moves up for 50 minutes and then down for 50 minutes before forming a clear uptrend.
If my stop-loss gets hit, I don’t panic. I check everything again—market updates, news, Bitcoin’s heatmap, its key zones, and the zones of the coin I’m trading. Then, I wait for another dip before re-entering. If I lose on a trade, I take a break for two hours and reanalyze the market before trading again.
Trading is a business—treat it like one.
