How to use signals
We do not provide financial advice. We only show the trades we open ourselves. First and foremost, remember that every trade carries the risk of potential losses - never risk more than you are willing to lose.
π» Short x10: ETH/USDT
---β
Entry:
β
8.2% of the deposit - 1308 USDT
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Stop:
βͺ 1356 USDT
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Closure:
βοΈ 50% - 1155 USDT
βοΈ 50% - 1074 USDT
Signal β269 - π Current now!
Risk: 3% of the deposit
Date: 11.08.2023
Below you will find a description of each part of the signal and instructions for opening a signal on the MEXC GLOBAL exchange.
Register on the exchange via the link above or use the referral code mexc-1WXsk to gain access to the Private Club for 2 months.
Signal structure
The signal consists of 5 parts:
1. The direction of the trade, leverage, and currency pair we will open the deal with.
π» Short - a futures deal for a decrease
πΉ Long - a futures deal for an increase
x10 - leverage equal to 10
ETH/USDT - currency pair
2. The percentage of the deposit you need to enter the deal with a limit order at the specified asset price.
Always pay attention to the icon:
βοΈ - the limit order is current and the deal has not been opened yet, or the signal has not been updated
β
- the limit order has worked out, the deal is opened, and if you did not manage to open it at the specified values, and the price is already moving towards the goal, then just skip the deal.
The asset price at which the deal will be closed at a loss. Always observe this point to preserve your capital! Never move the stop if the risks were not laid down in advance.
4. Price levels where we take our profit.
Often, we fix the profit in parts, to guaranteedly take profit at certain levels. For this, we set take-profit orders in advance for the indicated percentage of the deal amount (or close manually when the price is reached). Upon reaching the first take-profit, we recommend moving the stop to break-even - that is, to the value of the price at which the position was opened.
5. The serial number of the position being opened, risk, and date.
Signal β269 - π Current now!
Risk: 3% of the deposit
Date: 11.08.2023
We strictly keep a log of transactions, plus the numbering of transactions is convenient for tracking the status of signals.
We calculate the leverage and position size in such a way that the losses, in case the stop-loss price is reached, are limited to the percentage indicated in the Risk column. In this case - it is a 3% loss (excluding additional commissions of the exchange on which you trade).
Next to the number, one of the following statuses is indicated:
This is a new signal that you can enter if you see it
Such a position has already reached the entry point. You can only enter it if the current price is between the entry point and the stop loss
The deal is closed at the entry price and is no longer current.
The deal is closed with a profit and is no longer current.
The deal is closed at a loss and is no longer current.
The price did not come to the entry point, but the situation has changed, and the signal is no longer current.
Opening a deal
Register on the MEXC GLOBAL exchange
Register on the exchange exactly via the link above or use the referral code mexc-1WXsk to gain access to the Private Club for 2 months.
Log in to your account and go to the futures trading section.
Select the currency pair indicated in the signal (for example, ETH/USDT).
Set the leverage corresponding to the one indicated in the signal (for example, x20).
Create a limit order by entering the entry price and the amount of funds (as a percentage of your deposit) indicated in the signal.
Configure the stop loss at the specified price level to minimize potential losses.
Place take-profit orders at the price levels where profit fixation is expected.
After opening the deal, monitor the market and signals to timely adjust your orders if necessary.
Remember that trading on the exchange is risky, and it is necessary to carefully manage your capital and risks.