1. Leverage and Take Profit • Leverage: It's recommended to use a minimum leverage of 1–3x. For $100, this means your position size will be $100–$300, which minimizes the risk of a quick liquidation. • Take Profit (TP): The profit target per trade is 2–3% of the position size. At 1x leverage, this will yield $2–$3, and at 3x leverage — up to $9 from a single successful trade.
Here's a simple example of my bot. Next, I monitor the coin, analyze everything about it, and make decisions on whether to enter or not. Still testing everything! Guys, give me some assets! $SQD
I've got the bot running to scout for coins. By the way, I've set it up so that everything comes through on Telegram - coin entries, take profits, and stop losses. I can show you right now.
Guys, tomorrow I'm diving into trading. I've built a bot that will automatically scout for coins based on my principles, and I'll be entering trades. Of course, this will only be a test using my own funds. I'll tweak it over time and eventually automate it once I refine it to a logical conclusion. I've already made significant progress; the start has been laid! See you tomorrow.
This is all a consequence of the ceasefire between the US and Iran being broken; they're trading blows. Today's news) but for crypto, the impact has been felt for a while now. This blood is from liquidations. Apache's down, let's see what happens next.