Quote from: Mr. Magkaisa on Today at 04:09:44 AM

Quote from: Portocervo777 on December 09, 2022, 02:10:10 PM

In short i use 20x Lev sometimes Even higher.
I make sure STOP LOSS will last long few hours or at least i try to make sure.
So i Open trade and usually 30-50% nothing special daily profit usually i hold position 3hours to 12hours.
I Open 2 trades usually daily one trade with stop loss closer and the other position with stop loss further.
I use 100-200$ per trade and my stop loss will be like 20$ loss If hit stop loss when i use 100$

So Simple and effective way sometimes my pos will hit sl but usually 5 trades of 7 are good not hit stop loss.

I dont see any reason why cant earn few thousends $ monthly with this method.

I dont overthink about Market all i do i try to do right entry timing to get at least some profit

- Because not all individual cryptocurrency traders are like you and can make a lot of money in this state of crypto income. The fact that you have made it a topic here cannot be considered credible because it can be thought that you are just telling a story. After all, you have not shown any link to make this topic that you are talking about credible mate.

Although I'm not saying that it's not good to use a stop loss, it's okay, but my point is that we all have different skill levels in understanding trading here. If you're making a lot of money trading with the strategy you're doing, that's good on your part, it's that simple.

As crypto traders, we also need capital, and there will be a difference in how much money we use every time we trade. The profit we generate will also be different because it depends on the capital we use. He can say he can earn thousands of dollars trading once because he uses bigger capital than us. And that's what makes our profits different.

Using a stop loss is okay to anticipate big losses that can occur at any time. But what's more important is how we can analyze the market to minimize those losses. And with the help of a stop loss, it will be useful for us in trading, and each of us will have a different strategy.