#Advice: If you want low risk in your trades, you always set to take profit in the FIRST target. Other targets can be achieved but the higher the target, the bigger is the risk of the trade. And always have in mind the Stop Loss. Our main focus is to maintain our capital with minimum loss.
USDT pairs are very volatile, if BTC starts to increase price then we will definately hit our stop loss which is 7% here.
#Advice: Normally every trade should have good trade ration 3/1 this means i am risking a position, for example 100$ to make 3 times the stop loss point. So an ideal trade should be like we have Take profit at 15% and stop loss at 5%. So we risk an amount to make 3 times the profit of our stop loss point. Even if we miss some trades this is a good strategy cause we need to hit 1 good trade to cope with our 3 bad trades.
#Advice: Normally every trade should have good trade ration 3/1 this means i am risking a position, for example 100$ to make 3 times the stop loss point. So an ideal trade should be like we have Take profit at 15% and stop loss at 5%. So we risk an amount to make 3 times the profit of our stop loss point. Even if we miss some trades this is a good strategy cause we need to hit 1 good trade to cope with our 3 bad trades.
#Advice: Always keep on the side 20% of your trading volume. That is in case you need to put more funds and buy lower in a trade that you believe to make up your losses. If you buy for example a coin at 100 satoshi and it reaches 80, you can buy double the volume you have put and rebuy at 80 satoshi, that makes your median buy position to have an average buying price at 90 satoshi. This means you can sell at 95 and have profit at the end