My trading stradegy
My trading stradegy
Mostly binance futures If i trade but now due to financial problems i can’t trade so much and don’t have enough funds…untfortunately
I look for top gainers sometimes they go even higher so if coin is up 20% it might trap If i see still coin can move up i move on to short altcoins i look for bigger Marketcap altcoins If they are up 5% then i Open short and If there is no news or any reasons for further pump i Open short.
Right now i see etc/usdt extremly over-bought and fake-out so i did Open short it now. Price 17.065$ on binance i think good entry for short with this price now.
So your strategy is simply to just short coins and tokens that already pumped a decent amount, but has no narrative to support the pump? I don’t know mate — that’s too overly simplistic to work consistently to the point that I’m pretty sure every single trader has thought of this “strategy” when they were just beginners.
But in the end, if you can make it work, then good on you!