Trade Strategies
Last updated
Last updated
If you are using Whitebot indicator or Premium Channel, you can use some of the strategies we mentioned below:
š¢If you are a Day Trader or Scalper and have $1000 USDT in your balance, you can trade with 3-5% of your balance for each trade, for example $30-50. In this case, it is recommended that you choose "Isolated" transactions as the "Collateral Mode" type. Having a āLeverageā between 10-25x can help you achieve more successful trading results. It is not recommended to trade with larger "Leverage". It is important to set your stop loss according to the balance and leverage you use in your trade. From the entry section, you can adjust the speed and number of your take profit signals according to your strategy. For example, at the first Take Profit signal, you can close 40% of your trading balance and place a stop loss in your signal entry zone or use a trailing stop loss.
š¢If you are a Swing Trader and have $1000 USDT in your balance, you can enter the trade with 5-10% of your balance, for example, $50-100 for each trade. In this case, it is recommended to give preference to "Cross" trades as "Margin Mode". Leverage between 3-8x can help achieve more successful trading results. It is not advisable to trade with a larger leverage. It is important to determine the stop loss based on the balance and leverage amount you use in your trade. If the price moves up after a sell signal, you can add a certain amount of funds to your trade in the second sell signal that occurs. Then, you can successfully close your trade based on the take profit signals that occur after the price moves down. You can adjust the speed and number of your take profit signals according to your strategy from the Input section. For example, you can close 40% of your trading balance on the first Take Profit signal, 50% of your trading balance on the second Take Profit signal, and all of it on the third Take Profit signal.