#BinanceTurns8 #DayTradingStrategy: Master the Market in Minutes
1. 🎯 Set Clear Goals & Rules
Trade only during high volume hours: usually 9:30 AM – 11:30 AM and 2 PM – 4 PM (EST).
Decide your risk per trade (e.g., 1%–2% of total capital).
Have a daily profit/loss limit — stop trading if either is hit.
2. 📊 Choose the Right Assets
Focus on high liquidity assets like BTC/USDT, ETH/USDT, or trending stocks and forex pairs.
Use a watchlist and trade familiar assets.
3. 🧩 Build a Technical Setup
Common indicators:
EMA (9, 20, 50) for trend spotting
MACD for momentum shifts
RSI for overbought/oversold signals
VWAP to gauge intraday price average
4. 📉 Entry & Exit Strategy
Use breakout or pullback entry methods.
Apply a stop-loss just below support (long) or above resistance (short).
Take profit using RRR (Risk-Reward Ratio) — aim for at least 1:2 or 1:3.
5. 🧘♂️ Stick to Discipline
Avoid FOMO trades.
Don't overtrade — 1 to 3 quality setups per day is enough.
Keep a trading journal for reviewing and improving performance.