In Crypto:
If you want to make +200% to +600%, you need to spend more than 12 hours.
As per the IST timeframe:
In the morning, start trading at 09:30 AM or 11:30 AM, and shut down your system at 11:30 PM. By the end of the day, you could gain +200% to +600%.
Trading Plan:
1. If you start trading at 09:30 AM, you need to choose two high volatility or high volume altcoin markets.
2. If the market momentum changes, you need to adjust your trade position at the correct time. So, you need to focus on the market.
3. After 4 hours, at 01:30 PM, choose another trending altcoin market and invest.
You will have 3 positions in your futures wallet. You need to maintain those and change your position when market momentum changes. Don’t panic or act on emotion when you face some losses. By the end of the day, your losses will be recovered, and you’ll earn profits.
You need to keep one BTC position from 05:30 AM to 11:30 PM.
You will maintain 4 markets in your account. The reason for investing in 4 markets is to prevent losses. Sometimes, 1 or 2 markets may go to loss or hit SL, but the other 2 markets will help to recover and make gains.
Investment Plan:
If you have $10,000 in your account, follow this plan:
$10,000/10 = $1,000
You need to separate $1,000 for each of the 4 markets. If 4 markets go 250% Price range against your trade, your account will be liquidated.
Each trade needs to open with a $50 margin for all trades. I recommend leverage x20 for altcoins, so you need to open with $50 x 20 = $1,000. For BTC, leverage x100, so you need to open with $50 x 100 = $5,000.
If your daily gain is 400%, by the end of the day you will make 400% (4 x $50 = $200).
This is my plan for those who have $10,000. You can trade with low risk if you follow this plan. By the end of the month, you will make $2,500-$5,000 if you follow this plan and spend more than 12 hours/day.
Summary:
1. Traders need to spend more time in the market and watch market movements.
2. Traders should have a trading plan, money management, and risk management.
3. Traders should have at least 70-90% accuracy in their analysis methods or strategy.