TRADING Strategies to Get MAXIMUM Profits

in trading •  7 years ago 

Let's Say We Posted a Call at 1000 Satoshi and it Goes Up After The Call

but You don't Know the Target of that Coin.

So What you Now Do is
👇

Let's Say Price Goes Up to 1250 Satoshi from 1000 Satoshi, Now you Put Stop-Loss at 6-9% Below The Current Rate and if The Price Keeps Going up you Will Keep Increasing Your Stop-Loss by 5% and So On and Whenever it Starts Dumping your Stop-Loss Will hit and You will Get the Most Benefit out of That Coin

That's How You Should Be Trading Always to Get Maximum PROFIT

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  ·  7 years ago (edited)

That's helpful. Steem is a great place for learning and you add to the rich content. Thanks @rihaan.
If you don't mind me asking, I was wondering where are you from?

thanks my friend...😁

i am from bangladesh.. r u?

That's cool the Bengal tiger. I'm from the US, but living in Spain.

  ·  7 years ago (edited)

I've seen some "runs" on Bitfinex due to Stop and Trailing-Stop orders. Since these are Market Orders, they execute at current highest bid. As highest bids are being filled, bids keep going down being "swept" by these automatic market orders. Of course this mostly happens on low volume coins, so you should be especially careful whit those.

Allow me to illustrate this with an example:

Note this is a 5 minute resolution chart.

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