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5 ) Apply Stoploss & Trail it whenever coin goes up ! I will advise you that whenever any of our call / your trade goes 4-6% Up bring your stop at Entry & Secure some Profit then keep raising Your Stoploss with Raise In Price of that Coin !✅
I found tip #5 to be very useful. Continously updating my stop and trailing-stop orders has helped my trading in recent time. Immediately I open a trade, I put 2 orders – stop loss & limit order (yes, on the same trade) thanks to Binance's OCO feature. Then I setup alerts and adjust my stop loss and limit orders depending on how the market moves from the time I entered the trade. This way, I have managed my risks better as my stop loss are no longer static or fixed.