I think for trading USA stock timings are the worst phase so as my opinion do not do future trading during that phase ,, pump and dump happens at that time
I have followed a lot of square creator when i was beginner but now i have realised they are only here for membership subscription and show only percentage profit by using high leverage but not showing there portfolio , i lost everything i had , if u are a beginner remember 1-do not go for newly launched coins 2-only trade on good selective coin 3- memes,and volatility coins can be only hold on spot and take profit
i have been trading for 1 year and lost 3k USD on futures . My experience 1- Do not do future trading on memes and high circulation coins i.e. trillion or billion 2- choose stronge fundamental coins such as solana, Inj,ordi,Tao, 3-Always stick to some coins for future trading and observe the price action and trend 4- Use only 10-20x leverage and Target to earn 6 Usdt per trade
Use only 50 usdt with 20x leverage and set profit Target 15% and with fees cut u will earn 6 usdt ,, Do scalping
Now i only prefer sol For example if i take trade when sol 150 then i use 50 usdt with 20x leverage and exit at 151
it is less time consuming and less stress free and remember development is a continuous process and do not try to earn much with low capital and high leverage
Till now i am successful try to implement this ,but not exceed leverage greater than 20
Cardano (ADA) is currently riding on the back of a 14% gain in the past seven days, allowing the cryptocurrency to break past the $0.70 price level for the first time since May 2022. According to crypto exchange Changelly, Cardano is poised to continue on this price growth and break over $1, $10, and $100 in the coming years and decades.