I am a spot trader who earns $100 per day. I trade in AVAX and buy 100 AVAX, selling it at a 30 dollar profit. I make 3-4 trades per day and base my trading on support and resistance levels. For an example I purchased 100 Avax on 21.75 and sell on 22.1 Profit lump sum 30 to 35 ! I identify trades by analyzing candlestick patterns and support and resistance levels. I also use risk management techniques to manage my trades.
My strategy seems very effective, and I work hard to achieve my trading goals. If you want to create a similar strategy, you'll need to develop one that fits your trading goals and risk tolerance.
Key Takeaways:
- Trading in AVAX , Sui , Dot -Trading only in 3 Coins or maximum 5 coins! - Based on support and resistance levels - Identifying candlestick patterns - Using risk management techniques #AvalancheAVAX $AVAX