Practical tips to increase your chances of success

Strict risk control

Never risk too much on a single trade — perhaps 1-2% of your portfolio per trade. This protects against large losses and avoids 'destroying the account'.

Split entry / exit lot

Instead of entering everything at once, split the entry or exit into parts to lower the risk of entering at the wrong time.

Use very short-term charts + good indicators

For scalping or day trading, use 1-5 minute candles, indicators like RSI, MACD, Bollinger Bands, Volume, etc., to identify reversals or confirmations. Combine with volume analysis to see if there is 'strength' in the movement.

Automate orders

Use limit orders, stop-loss, take profit, trailing stop. The OCO (One Cancels the Other) feature can help. Automating allows you to act quickly and avoid losses due to delays.

Vocal

Stay alert to news / events

Announcements of listings, forks, important updates, partnerships, regulations — all of these can cause strong movements. Those who are prepared can enter before a major reaction.

Cryptonews

+1

Choose pairs with good liquidity

Avoid very 'small' altcoins or those with low liquidity for quick strategies, as spreads and slippage can greatly harm in these cases.

Monitor fees and costs

If you make many trades (scalping), transaction fees, withdrawal fees, funding costs (in leverage), etc., can erode gains. Check your costs before entering.

Emotional discipline

Know when to exit at the right time, do not chase losses, do not be overwhelmed by fear or greed. Follow your trading plan