Day 18/20
Entry & Exit Strategy (Where You Win or Lose)
One thing I’m learning on Binance is this:
👉 It’s not just what you trade…
👉 It’s where you enter and where you exit
A good trade can still lose money if the timing is wrong.
🎯 What is an Entry?
Your entry is the price where you open a trade.
Good entries usually come from: • Support levels
• Breakouts
• Clear trend confirmation
🚪 What is an Exit?
Your exit is where you close the trade.
There are two important exits: • ✅ Take Profit (TP) – where you secure gains
• ❌ Stop Loss (SL) – where you cut losses
BTC
76,518.83
+2.51%
Looking at chart like,you’ll notice:
Price often bounces at support → good entry
Price reacts at resistance → good exit