I am a professional trader with 12 years of experience in FOREX and 3 years in Crypto. In the Crypto World there are too many bull traps, bear traps and cleaning of SLs. The volatility and manipulation of market is high.
The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. The risk of loss in trading Crypto, Foreign Exchange (FOREX), indices and commodities can be substantial, 99.9% of traders lose money. You take your decision by yourself.
Recommended strategy:
Futures:
- Max leverage X3
- Max account 10K USD
SPOT:
- Max account 30K USD.
Don’t use bigger accounts, your SLs could be cleaned and your account liquidated.
- The entry must be executed within the square. If the entry support or resistance is broken, it is not valid any more.
- TP1: Take 65% of profits, If the price stops and is near the target, take profits. It is better to ensure gains.
- TP2: Take 35% of profits, If the price stops and is near the target, take profits. It is better to ensure gains.
- SL: Always use SL, you must calculate it by yourself, but there should be a ratio of profit/risk of at least 3/1. And the capital in risk should be at most 3% for each trade. The most important in trading is take care the capital and be patient.
There is not a VIP group yet. Also, there is not any course, maybe in the future. I am sorry, If I don't answer the comments & messages, I have other projects & duties.
Trade closed manually
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Take profit, tomorrow there would be a better entry.