How to Maximize Profits from Spot Trading ‼️
1. Master Technical Analysis
- Use RSI, MACD, and moving averages to time entries/exits. Focus on support/resistance levels.
2. Trade High-Liquidity Assets
- Stick to BTC, ETH, and top altcoins with tight spreads to avoid slippage.
3. Set Clear Targets
- Aim for 2:1 risk-reward ratios (e.g., risk $100 to gain $200). Secure profits at key levels.
4. Leverage Market Cycles
- Buy during fear phases (market dips) and sell during greed phases (bull runs).
5. Use Stop-Losses
- Automate exits at 5-10% below entry to limit losses.
6. Avoid Overtrading
- Fewer, high-conviction trades outperform frequent, impulsive moves.
7. Track Macro Trends
- News (ETF inflows, regulations) can trigger 20%+ swings—align positions accordingly.
🚀 Pro Tip: Combine daily charts for direction and 4-hour charts for precise entries. *(Word count: 150)*
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💡 Bonus: Bookmark CoinGlass for liquidation heatmaps to spot potential reversals.
