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Yesterday I started a quest to make 1000 dollars in futures by only using 3x leverage and only trading on the top 10 coins.
I have to say that my first enemy is greed. Is hard to set a take profit when there is the opportunity to make more money, i generally use Trailing Stop, but lately that had proven to not trigger either because the game is rigged or because the market moves too fast!
regardless, on my quest to 1000 bucks today I sit at 80, so 8% of my goal in one day, not bad i guess. My coin of choice for today was $SOL because it has a nice volatility between the 172-200 range.
if you are curious I'm trading with 5000 USDC in order to save on the maker fee and being extra careful with the SL and TP.
I have to say that my first enemy is greed. Is hard to set a take profit when there is the opportunity to make more money, i generally use Trailing Stop, but lately that had proven to not trigger either because the game is rigged or because the market moves too fast!
regardless, on my quest to 1000 bucks today I sit at 80, so 8% of my goal in one day, not bad i guess. My coin of choice for today was $SOL because it has a nice volatility between the 172-200 range.
if you are curious I'm trading with 5000 USDC in order to save on the maker fee and being extra careful with the SL and TP.