Askanda
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Bullish
🏧Futures Signals For Everyone $100 Per Day Binance
Trading Capital: $100
Risk Tolerance: 3% per trade
Number of Trades per Week: 4
Trading Pair: Bitcoin/USDT
Platform: Binance Futures
Step 1: Calculate Position Size:
Position Size = (Trading Capital * Risk Tolerance) / Stop Loss Distance
Given that your trading capital is $100 and your risk tolerance is 3% per trade, the amount you're willing to risk per trade is $3 (3% of $100).
Step 2: Determine Stop Loss:
Choose a suitable Stop Loss distance based on your analysis and risk tolerance. Let's assume a Stop Loss of 1% of the Bitcoin price.
Step 3: Execute Trades:
For each trade, calculate the appropriate position size based on the Stop Loss distance you've determined. Ensure that the position size aligns with the $3 risk per trade.
Step 4: Diversification:
Since you're planning to execute 4 trades in a week, consider diversifying your trades to spread risk. Distribute your available capital across the 4 trades, making sure the total risk does not exceed your maximum risk tolerance of $3 per trade.
Step 5: Maximum Weekly Loss:
With 4 trades per week and a maximum risk of $3 per trade, your maximum weekly loss would be 4 trades * $3 per trade = $12.
Step 6: Risk/Reward Ratio:
Determine your desired risk/reward ratio for each trade. For instance, if you aim for a 4:1 risk/reward ratio, set your take profit level at a distance 2-twice that of your Stop Loss distance.
Step 7: Emotional Discipline:
Maintain emotional discipline and adhere to your strategy. If a trade hits your Stop Loss, accept the loss and move forward. Emotional decisions can lead to impulsive actions and increased risk.
Step 8: Regular Review and Adaptation:
At the end of each week, review your trades and their outcomes. Evaluate what worked effectively and what didn't. Adjust your strategy based on your analysis and the prevailing market conditions.
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$BNB $BTC $XLM
Trading Capital: $100
Risk Tolerance: 3% per trade
Number of Trades per Week: 4
Trading Pair: Bitcoin/USDT
Platform: Binance Futures
Step 1: Calculate Position Size:
Position Size = (Trading Capital * Risk Tolerance) / Stop Loss Distance
Given that your trading capital is $100 and your risk tolerance is 3% per trade, the amount you're willing to risk per trade is $3 (3% of $100).
Step 2: Determine Stop Loss:
Choose a suitable Stop Loss distance based on your analysis and risk tolerance. Let's assume a Stop Loss of 1% of the Bitcoin price.
Step 3: Execute Trades:
For each trade, calculate the appropriate position size based on the Stop Loss distance you've determined. Ensure that the position size aligns with the $3 risk per trade.
Step 4: Diversification:
Since you're planning to execute 4 trades in a week, consider diversifying your trades to spread risk. Distribute your available capital across the 4 trades, making sure the total risk does not exceed your maximum risk tolerance of $3 per trade.
Step 5: Maximum Weekly Loss:
With 4 trades per week and a maximum risk of $3 per trade, your maximum weekly loss would be 4 trades * $3 per trade = $12.
Step 6: Risk/Reward Ratio:
Determine your desired risk/reward ratio for each trade. For instance, if you aim for a 4:1 risk/reward ratio, set your take profit level at a distance 2-twice that of your Stop Loss distance.
Step 7: Emotional Discipline:
Maintain emotional discipline and adhere to your strategy. If a trade hits your Stop Loss, accept the loss and move forward. Emotional decisions can lead to impulsive actions and increased risk.
Step 8: Regular Review and Adaptation:
At the end of each week, review your trades and their outcomes. Evaluate what worked effectively and what didn't. Adjust your strategy based on your analysis and the prevailing market conditions.
#Write2Earn #TrendingTopic #PYTH
$BNB $BTC $XLM
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
