Hi there!
I’m quite new into trading of any sort. I started by shorting BTC when price was trending down. I made some profits and then I lost it all... several times.
Besides potential gains, I love all the knowledge on markets and economics I’m getting by experimenting.
I’m not looking to be a full time trader. I just want to do one or two trades per week focusing on modest gains but low risk.
For example: I though that trading on the first minutes of an IEO was a safe option. But after reviewing how previous Launchpad projects went on the firsts minutes I does not looks like a low risk strategy at all.
So my question is: Is there such thing like low risks strategies? If yes, what could be an example of that?
Thank you!
Risk only 1% of your capital! That's the lowest and safest strategy you can apply especially on trading in markets such as Margin and Futures. You can use Cross mode with your 1% and even make the leverage to the highest point possible. BUT, always set your own Take Profit price as well as a certain Stop Loss for a price that you can afford to lose. If you would spot trade or swing trade, you can use up to 50% of your capital yet set stop losses near your entry point.