#TradingPsycholog y
For new members, profit generation
That's a great question, my friend. I'll leave you now with a simple strategy for trading with $3 to generate profits, even if they're small, but you'll learn a lot:
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Beginner trading strategy with a capital of $3 (Simple Scalping):
Objective:
To achieve small and recurring profits (for example, between 0.10$ - 0.30$ for each trade).
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1. Divide the capital:
Don't invest the entire $3 at once.
Use 1.5$ for buying.
And keep 1.5$ as a reserve (to buy more if the price drops and average out).
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2. Buy Time:
Watch the instant candle (1 minute or 5 minutes).
When you see the currency drop suddenly by 2% - 3% quickly, this is a chance to enter with $1.5.
Use "Market order" if you want to enter.