š ļø My Crypto Trading Operation
1. **šÆ Setup & Risk Control**
ā¢ Define goals (e.g. +10% quarterly), risk per trade (1ā2% of capital), and use OCO orders (stopāloss & takeāprofit) .
ā¢ Trade only highāliquidity pairs (BTC/USDT, ETH/USDT) to ensure tight spread and fast execution.
2. š Entry & Strategy
ā¢ Use 50āday SMA on daily charts for trend confirmation. Long once price closes above SMA; exit when it dips below .
ā¢ Confirm with RSI: buy if <30 (oversold), sell if >70 (overbought).
3. **š Risk-Reward & Position Sizing**
ā¢ Maintain a minimum 1:2 R:R ratio .
ā¢ Position size so that stopāloss ā¤2% of total capital.
4. āļø Trade Execution
ā¢ Example: Buy BTC at ā¹3,000,000, set stopāloss at ā¹2,940,000 (2%) and takeāprofit at ā¹3,120,000 (1:2 R:R).
ā¢ Implement as OCO order on Binance to automate exit.
5. š Review & Optimize
ā¢ Log each trade (entry, stop, takeāprofit, rationale, result).
ā¢ Monthly: analyze win rate, drawdowns, and tweak strategy.
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