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By the way, I forgot to mention, if I play with a secondary account on a clone platform, I usually allocate 20-60 USD for trading, and it's not a one-time thing. First, I deposit 20, hoping that beginners can do the same as I do.
Then, I manage my funds well, control my position sizes. If I have too much money, I find it hard to open positions, so I transfer some to the spot account. After opening a position and quickly closing it, I transfer some back in.
This platform limits the number of lots, so having less money makes it easier to open positions, avoiding misclicks.
To make money, remember to withdraw daily, so you feel a sense of reward.
If no one is copying my trades, I am the kind of person who earns 1,300 and withdraws 1,100, then starts over, cycling like that.
So if someone copying my trades thinks my position size is small, you can adjust the ratio yourself.
In legitimate markets like gold and silver, I usually open 100 USD positions. I also open around 200 USD at the best entry points, then go in the direction, earning enough to cover the stop-loss or close to it.
If I hesitate for a minute, I immediately reduce the position to 100 USD.
Over the years, I’ve remembered one thing: greed equals death.
My strategy is to open positions, profit, and pocket part of it.
For various visible support and resistance levels, I reduce positions.
For unseen levels, don’t expect it to go very far.
After reducing, the remaining small funds stay in, waiting for the market to move.
If it moves, the market is giving you the opportunity; if not, it’s just the wrong timing, wrong position, or better positions or trend reversals.
So, with this approach, you’re already making a profit and pocketing it.
The remaining positions stay in, just watching.
Of course, I also consider fees.
If the fees are high and the market is sideways, I’ll definitely exit, I won’t hold against it.
With this method, you won’t lose money no matter what, because the initial larger position has already been scaled down and taken profit from in parts.
On Monday, the market gaps open.
I usually open with very small positions or lower leverage.
Full leverage is only for Tuesday to Wednesday when I trade gold and silver.
Remember, even if you miss the best entry on Monday, don’t take unnecessary risks, okay?
I’ll add a few more pictures.
The images I posted earlier didn’t go through, not sure if this time will work. #预测世界杯巴西VS海地