Crypto Spot Trading Mentor

In this new post I would tell you about a trading strategy which can make you successful in trading especially day trading if you have patience. Let's get started.

This trading strategy is known as compound trading strategy. The way this strategy works is that it helps you define your profit for example if you earn 1% profit every day and continue it for a year you can earn $377 starting with 10dollars.

This strategy can help you overcome your losses over the time if you have patience. It is a strategy that you should use to determine tps if you know how to anaylze the market and it would increase your success rate as well as you would become rich over the time. It will save you from ruining your time in trying to become a millionaire over a night because becoming rich over a night is not the way the world works.

One more example is of earning from compound trading strategy is listed below:
The name of the site to calculate daily compound is the "the calculator site."

#CryptoPatience #DayTradingTips #StrategicEarning #EarnMoney $BTC $OM

This post is the continual of the previous one. In this I will directly tell you how to put stop loss and which strategy is the finest for trading

After have having experience of 4years I would say that if you want a good stop loss then you should have a small tp because it would not create that much pressure on your mental health.

You should at least have a risk reward of 2:1
if you have a tp of 2% then have a sl of 1% reminding that keep your profit low

This strategy is for day trading.

The best trading strategy that I always use is day trading because crypto is not a market for investing it in for years except for $BTC because rest coins are not safe for example the crash of luna, $SOL and many other but one thing should be moted that in the crash of sol many swing traders also sold it.

Everyone should know that they should not keep money in this market in any trade for more than 2days if your tp doesnt get hit in 2days leave the trade especially for day traders.

In my opinion swing trading is more risky as you would hold it for days but if it goes in loss and hits the sl you would lose the profit that you could make in day trading as you wasted days in a trade and moreover despite insuring that the project is safe and it turn out to be a scam like $OM than what would one do?

It is your own opt which strategy you choose but it should be a strategy that should have less risk.

Rather it suits you or not doesnt matter.

After 4 years of experience in which I endured much loss and still enduring loss now I can say that mamy traders forget to use the stop loss or use it in a incorrect way.

The finest way I know is that how much profit you are taking on that trade and how much loss can you accept.

If you want to imcrease your profit you would also need to increase your stop loss in a way which is acceptable to you because while trading we forget that it is a business like any other business you would need to take precautions.

One way of using a sl (stop loss) is that if you want 10% you would need to have sl at 5% but if 5% is more you should reduce it but you will need to reduce the profit to increase accuracy and another way is to risk min and earn max through trailing sl or high risk reward trade in which you would profit 10% but will risk 2%. It will effect your accuracy but you will succeed in both strategies in the long term as you will trade high probability set ups or you will trade less probable setups in the first option but will earn good.

in next few posts everything would be posted about how to use the sl in right way as this post is to give you min knowledge about stop loss