BTC/USDT Trading Plan on Binance (Beginner/Intermediate)
1. Chosen Asset :
Bitcoin / Tether (BTC/USDT)
2. Capital and Risk Management :
Total Capital : 1000$ (adjust according to your own capital)
Maximum Risk per Trade : 1% = $10
Maximum Number of Trades per Week : 3 to 5 (avoid overtrading)
3. Entry into Position :
Type of Trade : Buy (long) or sell (short) according to analysis (example here long)
Simple Entry Criteria :
Price above the 20-period Simple Moving Average (SMA20) on 1h or 4h chart
RSI (Relative Strength Index) between 40 and 60 (neutral zone, avoid overbought/oversold)
Confirmation of a strong bullish candle
4. Position Size Calculation :
Formula size = (Capital × Risk%) / (Entry Price − Stop loss)
Example :
Entry : 30,000 USDT
Stop loss : 29,700 USDT (300 USDT risk)
Risk = $10
Size = 10 / 300 = 0.0333 BTC
5. Gain and Loss Management :
Stop Loss : 1% below the entry price (example 29,700 USDT)
Take Profit : 2% above the entry price (example 30,600 USDT)
Risk/Reward Ratio = 1:2 minimum
6. Execution on Binance :
Open a limit or market order to buy 0.0333 BTC at 30,000 USDT
Place a stop loss order at 29,700 USDT
Place a take profit order at 30,600 USDT
7. Monitoring and Discipline :
Always respect your stop loss, do not move the stop loss to "hope"
Never risk more than the defined %
Keep a trading journal with entry price, exit, reason for entry/exit, result
Review your trades each week to improve