Benefuture Expert - BFE

I’m back in the game, less than a month after a severe drawdown, in which I risked almost my entire portfolio because of basic human errors that I myself taught here at Square how to avoid. I recovered by doing what’s right: eliminating the human factor from decisions by abandoning manual mode and letting my bot work with very well-defined criteria. If you’re just starting out—or have been in this equity market for a while but still haven’t prospered—it was certainly because you didn’t make a rigorous plan and/or you let emotion take over instead of reason. That’s why you need to identify the rules that work for you (or at least for most people) and follow them to the letter, never letting greed get the best of you, like I did a month ago. I don’t teach courses on how to get out of the dark, but I can and should share with you the foolproof rules that several successful professional traders spread—and that we don’t believe or ignore at first glance:
1. Invest little per position, never more than 3% of capital, and preferably try to invest at most 1%.
2. Never break rule #1 or you’ll be the one who breaks. There are even bets among professional traders about who will be the next idiot to go broke for not listening to this warning. By the way, the question isn’t really who will go broke, but when.
3. Don’t open a bunch of positions at the same time. So don’t enter everything that shows up—wait for the best opportunities to appear, even if it means going a few days without trading. The best opportunities always give clear signals, like prices being extremely stretched compared to averages, candles shrinking in size, wicks that indicate rejection zones, extreme funding rates, etc. Build a set of triggers, and if they aren’t met, don’t enter. This is where you have to eliminate your intuition the most and rely only on concrete elements confirmed on the screen.
4. Be careful with leverage—it’s wonderful when you win, but terrible when you lose. If you can’t afford to trade without leverage due to a lack of own capital, then at least dose the leverage so it’s as low as possible, never exceeding a factor of x6. For positions you’re not very confident about (e.g., lack of data in recent tokens), use x2. For positions with medium risk, use x3. For tokens with plenty of history, favorable statistics, and painfully clear resistances and supports, use 4x and so on.
5. Have an emergency button to bail out if something goes wrong, and bail out without hesitation—don’t hope the situation will reverse, because in general, it doesn’t. Many people use a pure and simple stop, like 20%, 30%. It’s up to you. My personal button that works is 100% of 1%, meaning that right at entry I set the maximum I’m willing to lose: 1% of my total capital—and I invest exactly that amount per position, with no additional stop. For example, if I had $1000, I’d invest $10 per position and leave it without protection, because the protection is already built into those $10: if something goes wrong, I still have $990 to continue playing. It sounds small, but if you have $1000, you apply $10 to an x3 leveraged position and the price moves 33% in your favor—which is extremely common in many altcoins—your profit will be about 100% on the $10 in a few days, giving you roughly 1% profit on total capital per trade. With a maximum allocation of 1%, you can open 100 identical positions simultaneously! If you have a bot that scans every token each hour—or even every minute, like I do—you’ll have dozens of profitable trades daily.
Greetings.