This article was compiled from a long-form X thread. To read the original, visit this link: https://x.com/inv515/status/1917107808895701210
The Traders Cup by @bulletxyz is currently on hold.
So, it's the perfect chance for rookie traders to choose a strategy, sign up & be ready to chase the prize pool when it kicks off again.
Here are 3 potential strategies you can use.
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Follow the Trend On Bullet’s testnet, look at a 4-hour BTC-PERP chart.
If the price is going UP steadily, place a buy order. If the price is going DOWN, place a sell order.
Close when the trend slows. Quick + Easy....if you call it correctly.
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Buy Low, Sell High
On a 1-hour SOL-PERP chart, look for a price level where the price often bounces back up.
Buy when the price touches this level.
Aim to sell when the price rises 3-5% or hits a high level.
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Breakout Trade Watch a 1-hour BTC/USDC chart for a tight price range (flat lines).
If the price breaks UP strongly, buy quickly. If it breaks DOWN, sell quickly.
Close with a 2-3% profit (hopefully).
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Don't forget to set Take Profit & Stop Loss levels.
With these, you can automate the closing of your trade when it hits certain levels.
No need to stress over timing. Set your levels & Bullet will take care of the rest.
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There's 10k for the top trader & testnet funds mean you can degen like a pro with no risk.
Use this link to join: https://app.bullet.xyz/ref/inv515
Then, join Telegram for airdrop updates, project news & occasional giveaways: http://t.me/Gimme%5FCrypto
End of Thread
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