๐ Sharing an update on my latest entry in $Q (15m scalping).
Hereโs how I set it up and what Iโm going to do now to avoid losing money ๐
1. How did I enter the trade?
Analysis: On the 15m timeframe, I saw that the price was testing the support zone after the pullback, holding above the MA(7).
Risk Management: I entered a Long at $0.11885 with just $5.03 USDT in margin (10x leverage). Remember: always risk small amounts that you feel comfortable with.
2. What am I going to do now?
๐ก๏ธ Step 1 (Zero risk): I just moved my Stop Loss to Break-Even ($0.11900). No matter what happens in the market, this trade can no longer lose money!
๐ฏ Step 2 (Take profit): I placed my Take Profit at $0.12350 (right at the MA25/MA99 resistance zone). If it gets there, Iโll close the trade.
The secret to trading isnโt predicting the future, but protecting your account and building it up little by little. ๐ฅ๐ง #q #FutureTrading #Altcoins๐๐ #altcoins
Hereโs how I set it up and what Iโm going to do now to avoid losing money ๐
1. How did I enter the trade?
Analysis: On the 15m timeframe, I saw that the price was testing the support zone after the pullback, holding above the MA(7).
Risk Management: I entered a Long at $0.11885 with just $5.03 USDT in margin (10x leverage). Remember: always risk small amounts that you feel comfortable with.
2. What am I going to do now?
๐ก๏ธ Step 1 (Zero risk): I just moved my Stop Loss to Break-Even ($0.11900). No matter what happens in the market, this trade can no longer lose money!
๐ฏ Step 2 (Take profit): I placed my Take Profit at $0.12350 (right at the MA25/MA99 resistance zone). If it gets there, Iโll close the trade.
The secret to trading isnโt predicting the future, but protecting your account and building it up little by little. ๐ฅ๐ง #q #FutureTrading #Altcoins๐๐ #altcoins