$BNB my experience when trading futures.
1. Never use leverage of x10, x20 of your capital. Because I am sure you will be defeated. Especially on altcoins.
2. Set up the trend chart of the coin you want to trade. From there you will see how the coin moves to make trades. And the best time frame I think is the 4h frame. Do not use the 5m, 15m frames. Because you will not see its exact direction. The higher the time frame, the better 1D, 1W. But these frames take a long time to find a satisfactory entry point. Since I trade frequently, choosing the 4h frame is the best. Combine with the 1h frame.
3. Never trade too many coins at the same time, but choose only 1 or 2 coins. It will help you focus and be more accurate.
4. Stay away from highly volatile coins because you cannot have any setup for them. Only those who have been in this market for a long time understand. But there are also few people who dare to play with them.
1. Never use leverage of x10, x20 of your capital. Because I am sure you will be defeated. Especially on altcoins.
2. Set up the trend chart of the coin you want to trade. From there you will see how the coin moves to make trades. And the best time frame I think is the 4h frame. Do not use the 5m, 15m frames. Because you will not see its exact direction. The higher the time frame, the better 1D, 1W. But these frames take a long time to find a satisfactory entry point. Since I trade frequently, choosing the 4h frame is the best. Combine with the 1h frame.
3. Never trade too many coins at the same time, but choose only 1 or 2 coins. It will help you focus and be more accurate.
4. Stay away from highly volatile coins because you cannot have any setup for them. Only those who have been in this market for a long time understand. But there are also few people who dare to play with them.