Here are the 10 most important rules for managing risk in your trading. If you follow them, you'll avoid losing money.
Adapting William O'Neill's Risk Management Rules to the Cryptocurrency Market William O'Neil, author of the seminal book "How to Make Money in Stocks," established a set of rules that form the cornerstone of successful investment strategies. Although originally developed for the stock market, their essence takes on double importance in the cryptocurrency market, where volatility can wipe out portfolios in minutes.
1️⃣ Choose the Currency Select a currency with a low price (less than $0.10) so you can buy a decent amount. It's best to choose an active currency with a large daily volume (so you can enter and exit easily). Example: TRX, DOGE, SHIB (as an example, not a recommendation). --- 2️⃣ Entry Time Open the chart on a 15-minute timeframe. Wait for the price to approach the day's lowest point or a clear support level. Look for a green candle after a drop (a reversal signal) → that's when you enter. --- 3️⃣ Exit Time Set a small profit target: only 2% to 5%. Set a stop-loss 2% lower than your entry price (to protect your capital). If you reach the target or the stop-loss → exit immediately, do not wait. --- 💡 Secret to Success: Small repeated profits are better than a big gamble where you lose your capital. Even if it's $1, with your discipline, you can gradually grow it or at least learn without losses. #بينانس_سكوير_تعاقب #بايننس #مبتدئ #Binance #bitcoin
🚀 Current Price: ~$0.292 📊 24H Range: $0.279 – $0.295 📈 Next 4-Hour Outlook:
Support at $0.286–0.290
Break above $0.300 could push SEI to $0.336+
Technicals show mixed-to-bullish momentum (RSI neutral, but buy signals rising!)
🔥 What’s the Move? SEI is dancing around key levels right now — perfect for short-term players looking for that next bounce! If it breaks $0.30, we could see a quick run to new highs.
💡 Friendly Tip: Light buy zone here — but stay smart and manage your risk. The market’s a rollercoaster — scream if you must, just don’t fall off the ride. 🎢😉
🚀 Altcoin Inflows to #Binance Skyrocket! Reaching the highest deposit levels in over a year!
📊 This sudden spike in deposit activity might signal: – A potential wave of profit-taking? – Preparation for high market volatility? – Incoming institutional moves?
⚠️ Historically… when deposits surge on Binance, the market rarely stays the same.
Are we on the verge of a major move? Share your thoughts below 👇
Are you looking for a new currency pair to add to your trading strategy? Consider ENA/USDT, a promising pair that offers exciting opportunities for traders.
Why trade ENA/USDT?
Growing Demand: Its popularity is increasing, making it an attractive trading opportunity.
Volatility: The ENA/USDT pair can experience significant price movements, providing chances for traders to profit.