This article aims to share efficient, low-loss techniques for increasing Alpha trading volume, packed with useful information. Here’s the focus on trading Alpha on exchanges, without further ado:
(1) Main chain selection
Choose chains with lower transaction fees, prioritizing Solana or Base. Ethereum is not even touched by many, and the BSC chain currently has relatively high fees; we'll see if it adjusts later.
(2) Coin selection
Choose coins with high trading volume and liquidity. As shown in the picture, select and sort for comparison; generally, the top-ranked options are not problematic.
(3) Timing selection
This point is very important.
You must choose coins in an upward channel!
You must choose coins in an upward channel!
You must choose coins in an upward channel!
Important things should be said three times: no one can enter a downward channel without incurring losses. If there is no upward trend, at the very least, it should be in a sideways market.
You can use 1-minute K-lines as a reference, focusing on continuously rising lines or lines that have rebounded after 1-2 minutes of decline.
No one here can guarantee correct judgments; you need to summarize your trading experiences frequently.
(4) Purchase amount
During the novice period, do not buy large single amounts; it is easy to get caught and difficult to control losses.
It is recommended to start from above 128, like 129, and gradually increase the amount as you become more familiar.
(5) Placing orders
Continuously refresh the buying interface to wait for the right moment. Compare the suggested amount with the buying amount; I generally place an order when the suggested amount is greater than (or close to) the buying amount.
When selling, continuously refresh the maximum button. Wait for a qualified estimated amount and an acceptable loss before decisively executing the trade.
On the issue of trade failures:
It doesn't matter if the purchase fails; just refund and trade again.
If the sell fails, it takes about a minute to refund, during which time you can't do anything. At this point, the buying timing mentioned earlier becomes very important. If you choose a downward channel, the result may not be controllable. However, if it's an upward channel or sideways, the impact won't be significant; just wait for the coin to come back, and sometimes you can even unexpectedly earn a bit of fee.
This is a little insight on how I trade Alpha. Here are the results from yesterday: 8 trades totaling 129u, total amount 1032u, loss 0.91u.
Losses are not fixed; within a certain range, as long as you can accept it, it’s fine. There's no need to pursue the lowest possible.
Binance Alpha points will definitely become more competitive. Increasing trading volume is a very important skill recently. With more practice, you will definitely find a balance point between trading volume and losses that suits you.
Come on, brothers, let's pump it up!!!