"Can you make big money with a small account? New strategies for trading risk management!"
Do you think you need a lot of money to make big money in trading? Actually, you may think too much! I used a little investment, some tricks and some special chart patterns, and I was able to turn $5 into $5,000 in just one day! If you want to try it, I will tell you my method.
First, you have to learn to look at four special chart patterns:
Hammer chart: It looks like a hammer and appears when the price hits the bottom.
It tells you that although someone wants to smash the price down, the power is not enough, and the price may go up.
Bullish engulfing: It is a chart that "eats" the previous red chart. This indicates a reversal of power, green begins to dominate, and the price may go up.
Morning star: This is a chart composed of three charts that first falls, then looks uncertain, and finally rises sharply. This means that fewer people are selling and more people are buying.
Three white soldiers: It is a series of three green charts, indicating that the price has been rising and the power is very strong.
Next, you have to use short-term charts, such as 5-minute or 15-minute charts. This way you can quickly see what these charts look like and quickly enter the market to make money.
However, trading is risky, especially when you don’t have much money. You have to learn to protect yourself:
Don’t take too much risk, only use 5-10% of your money each time. Set a stop loss point, and withdraw quickly once the price is wrong.
Finally, don’t forget to lock in profits after making money:
When the price rises to a certain level, sell part of it, so that you can continue to make money and ensure that you won’t lose what you have already earned.
Set the stop loss point higher, so that even if the price falls, you can keep most of the profit.
It’s that simple, you can try it!
Family, don’t panic, the most feared thing about trading is that you are there when the price falls, but you are no longer on the table when the price rises! One good thing about the currency circle is that as long as you don’t lose everything, you will never give up your faith. There is a new product on BN that is about to surge, and I have mentioned it to old fans repeatedly in the past few days
If you like spot and want to roll funds together, click on the avatar, share for free, and wait for you in the circle!In the current ups and downs of the market, blindly going it alone will never bring opportunities!!!