What is the strategy (Stop Loss - How do I know that the currency will rise?
Semmou Pro
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Success in trading doesn't mean you're a genius At first, I made big profits by chance, and I thought I "understood the market". But the subsequent loss was a harsh lesson: random success is more dangerous than failure. Now, I ensure that my profits come from a clear strategy, not luck.
After losing to zero four times... I have tried and continue to try multiple strategies and achieved a profit of 100% yesterday. I entered with 130$ and exited with double that and the picture below. I thought today would be like yesterday, but it wasn't, although I made a good profit as you can see in the picture. My advice to all beginners: Learn from the mistakes of others, and I have written down everything I faced and will write everything that is beneficial so that God may help me serve you. The strategies I have tried are many, the latest being: First: Look for the currency that is at the bottom and has momentum with more than 100 million in movement. Second: The leverage should not exceed 5x. Third: Start buying with 25$ or 50$ . Fourth: Be patient and do not rush, and as soon as the rise begins, I double the amount for purchase. Fifth: Start taking profits gradually. Sixth: It is very, very important to set a (stop-loss) even if it is at 50% of the trade because there are lethal spikes from whales to swallow all the small investors' money.
🧧👇In short, Bitcoin has been stagnant for 2 days, struggling to break through 86500. We are not afraid of price fluctuations but rather sideways movement, because even if it rises, we can still short at high levels. This trend resembles a dull knife slicing meat. Ethereum's exchange rate is decent, but it needs to follow Bitcoin's trend; otherwise, it's tough. At this point, we have to pay attention to Bitcoin's movement. Yesterday, on Thursday, we went long from 84000 to 85000, making over 100% profit. However, the basic profit didn't reach a $1000 increase, as the first target of 84900 was only half achieved, and later, it dropped, leading to a full stop loss, but overall, we profited. Today, on Friday, we took a long position on Ethereum, but the market conditions are not great, so we made a small profit. If Bitcoin doesn't break through, we need to pay attention to the first support at 83400 and extreme support at 81688. There might also be a support starting with 82, but it's too close to be necessary. This week's performance has been quite good, with a win rate of around 90%. Later, I'll have my assistant tally it up. Let's wait for Bitcoin's volatile movements before entering again. The two support points for SOL are good; I'll study them for a possible entry. 👇Yesterday's Bitcoin strategy profit record 👉你有返佣?
🧧👇In short, Bitcoin has been stagnant for 2 days, struggling to break through 86500. We are not afraid of price fluctuations but rather sideways movement, because even if it rises, we can still short at high levels. This trend resembles a dull knife slicing meat. Ethereum's exchange rate is decent, but it needs to follow Bitcoin's trend; otherwise, it's tough. At this point, we have to pay attention to Bitcoin's movement. Yesterday, on Thursday, we went long from 84000 to 85000, making over 100% profit. However, the basic profit didn't reach a $1000 increase, as the first target of 84900 was only half achieved, and later, it dropped, leading to a full stop loss, but overall, we profited. Today, on Friday, we took a long position on Ethereum, but the market conditions are not great, so we made a small profit. If Bitcoin doesn't break through, we need to pay attention to the first support at 83400 and extreme support at 81688. There might also be a support starting with 82, but it's too close to be necessary. This week's performance has been quite good, with a win rate of around 90%. Later, I'll have my assistant tally it up. Let's wait for Bitcoin's volatile movements before entering again. The two support points for SOL are good; I'll study them for a possible entry. 👇Yesterday's Bitcoin strategy profit record 👉你有返佣?