When to enter and exit the market?
Timing is half the success in trading!
But there is no fixed "ideal" time, here are some tips:
1. Enter after confirming the trend:
Don't buy just because the price is rising, wait for strong candles or a breakout of resistance.
2. Use Stop Loss:
Determine your exit point before you enter, it protects your capital if the market drops.
3. Partial exit:
When you achieve a reasonable profit, exit with part of your investment and let the rest continue.
4. Avoid trading on hot news:
News can cause sudden fluctuations, don't enter a trade during that time unless you are an expert.
5. Patience is the key to success:
Don't rush for profit, the market changes quickly, and the advantage goes to those who plan correctly.
If you want tips on tools that help you with timing, write "Timing Tools"!
#Trading_Timing #Learn_Trading #Smart_Crypto #Binance
