Only for beginner

And Risk Management

These are the things that make a difference between a successful trader and a losing trader.

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🔹 1. Entry Point (When to enter?)

Entry means:

📌 When to start the trade?

✅ Take a good entry when:

RSI is moving up from below 30 (Buy Signal)

Price is at Support and starts to move up from there

MACD is giving a Buy Signal

A Bullish candle is formed in Candlestick

Example:

If the AWE/USDT coin is bouncing back from Support at 0.0450$ → you enter.

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🔹 2. Target (Where to take profit)

Target is the price at which you close the trade and take profit.

✅ Set Target:

Where there was previous Resistance

RSI is nearing 70

Profit is approximately 1.5x or 2x (more than Risk)

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🔹 3. Stop Loss (System to stop losses)

Stop Loss is the price at which you automatically close the trade to stop losses.

✅ Setting a Stop Loss is very important:

Keep it below Support

Not more than 2%–5% loss

Example: Entry = 0.0450

Target = 0.0500

Stop Loss = 0.0435