Im so newbie here but this is my way
Mostly binance futures If i trade but now due to financial problems i can't trade so much and don't have enough funds...untfortunately
I look for top gainers sometimes they go even higher so if coin is up 20% it might trap If i see still coin can move up i move on to short altcoins i look for bigger Marketcap altcoins If they are up 5% then i Open short and If there is no news or any reasons for further pump i Open short.
Right now i see etc/usdt extremly over-bought and fake-out so i did Open short it now. Price 17.065$ on binance i think good entry for short with this price now.
Enjoy
hope you like it let me know ur toughts aswell , thnx
I hope your Take Profit isn't far from entry point just like you are scalping your trades because a coin or pair trending massive bullish might experience a temporary pullback or reversal which won't last long before the continuation of the bullish trend therefore you should be extra careful when trading price reversal though you might had some considered some price behavior and price data which had been working for your trading, however crypto trading is a very risky especially when counter trading the fact that you traded future makes it even more riskier, why not tweak your trading strategy to suit a trending market instead of counter trading.Mostly binance futures If i trade but now due to financial problems i can't trade so much and don't have enough funds...untfortunately
I look for top gainers sometimes they go even higher so if coin is up 20% it might trap If i see still coin can move up i move on to short altcoins i look for bigger Marketcap altcoins If they are up 5% then i Open short and If there is no news or any reasons for further pump i Open short.
Right now i see etc/usdt extremly over-bought and fake-out so i did Open short it now. Price 17.065$ on binance i think good entry for short with this price now.
Enjoy
hope you like it let me know ur toughts aswell , thnx