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GM to my Gate frens 💗
trust you all had a restful night and are doing well today?
it's May and this month is about sharing our trades and trading strategies, so here I am, sharing mine
like I always say, I'm not much of a trader but I trade once in a while
so, here's my strategy:
considering the market's recent volatility, I
• open positions with 10x leverage. 20x leverage maximum
• set TP at a near price (15-30% profit)
• I don't set SL (I STRONGLY do not advise you to do this)
• adjust my TP sometimes
• do not add to a losing position (this is really important)
I do all these based on the fact that I use the position vouchers I get from Gate to trade. So, I only have three days to either make profit or lose my entire position
if you're the type of trader who trades in the long term, you might want to hold onto your position till it hits your TP if it hasn't hit your SL
if there's one thing I noticed since this crime pump szn started, it's that there are long periods of pumps and short periods of dumps. DYOR and trade with caution, not emotions
below are some of the trades I've taken this month 👇
The only trade I lost, I closed it immediately I opened it for some personal reasons
btw, good news!!!
GateAI has launched its Intelligent Position Change Alert, upgrading market data access from "user-initiated search" to "system-initiated delivery".
you do not have to worry about the market's surprising volatility when you have your trades open anymore. GateAI has got you covered
it checks your holdings, positions, market conditions and update you across multiple platforms (Gate, Telegram..) all in real time
the future of Web3 is definitely getting better with AI 🥳
#GateSquareMayTradingShare