General Guidelines
For New Members:
-Book all profits at Target 1 until you gain the confidence to hold for longer.
For Regular Members:
Book profits in stages:
50% at Target 1
25% at Target 2
25% at Target 3
After Target 1 is Hit:
Place new OCO (One Cancels the Other) orders for Target 2 or Target 3.
Set a stop loss at the entry price.
Once Target 1 or the stop loss is hit, the trade will no longer be monitored or supported by Bull
Crypto.
Stop Loss Updates:
If the signal indicates "SL/DCA will be provided later," it means the trade is actively monitored,
and updates will follow.
If you prefer not to trade without a stop loss, set one approximately 4% below the entry price.
Diversify Trades:
Avoid investing all your funds in a single trade to reduce risk.
Types of Spot Signals
1. Day Trading Signals
Designed for short-term trades.
Trade duration: a few hours to a few days.
2. Swing Trading Signals
Designed for medium- to long-term trades.
Trade duration: a few days to several weeks.
Note: If the signal type is not specified, assume it is a Day Trading Signal.
Signal Formats
1. Single Buying
A single buy zone is provided.
Purchase the specified coin within the provided zone.
2. Double Buying
Split your purchase into two parts:
First part: Buy in the First Buy Zone.
Second part: Place a buy limit order in the Second Buy Zone.
Once the first target is reached:
Book your profit.
Cancel the second buying limit order.
If the market moves down and the second buy order is executed:
Cancel previous sell orders.
Recalculate the average buying price using the midpoint of the first and second buying.
Place new sell targets based on the average buying price.
Example:
Signal: ABC/USDT
First Buying: 10
Second Buying: 9
Targets:
Target 1: +4%
Target 2: +8%
Target 3: +12%
Stop Loss: 8.5
If you trade with $200:
Buy $100 at the First Buy Zone (10).
Buy $100 at the Second Buy Zone (9) if the price dips.
Profit Scenario 1:
Only the first buy is executed.
Sell at Target 1 (+4%).
Profit: $4, total = $104.
Profit Scenario 2:
Both buys are executed.
Calculate the average buying price: (10 + 9) ÷ 2 = 9.5.
Recalculate sell targets from 9.5 (e.g., Target 1 = 9.88).
3. Limit Order Buying
A buy zone below the current market price is provided.
Place a limit buy order at the specified price.
If the price falls to your limit, your order will execute.
If the price rises and hits Target 1 without reaching your buy limit, cancel the limit order.
“Scalp Trading” or “Scalping”
Scalping involves quick trades to profit from minor price fluctuations.
Signal Prefix: "Scalp:" (e.g., "Scalp: LINK/USDT").
Scalping Steps:
1. Buy BELOW the Given Entry Price:
Enter at a lower price to maximize potential gains.
2. Place a 50% Sell Order at Target 1:
Include a stop loss to protect against market drops.
3. Place a Sell Order for the Remaining 50% at Target 2:
Use a stop loss for added safety.
4. Adjust Stop Loss After Target 1:
Move your stop loss to the entry price after Target 1 is hit.
This ensures a risk-free trade for the remaining position.
Note: Avoid chasing larger profits in scalp trades. Focus on multiple small, quick trades.
General Risk Management Guide
Portfolio Allocation:
1. Divide Portfolio:
25% for Day Trades: E.g., 250 USDT if your total is 1,000 USDT.
45% for Swing Trades: E.g., 450 USDT for medium/long-term positions.
30% Reserved: Keep 300 USDT for unexpected opportunities or market dips.
2. Day Trade Allocation:
Split 250 USDT further:
a. 2 trades of 125 USDT each.
b. 3 trades of 100, 100, and 50 USDT.
c. 5 smaller trades of 50 USDT each.
Dollar-Cost Averaging (DCA):
Keep additional funds reserved for averaging down if the market dips.
Example:
Initial buy: 100 USDT.
Reserve 150 USDT for DCA.
If the price drops 10-15%, use another 100 USDT for DCA.
Always keep a reserve (e.g., 50 USDT) after DCA.
Exposure Limits
Never use more than:
25% of your portfolio for day trades.
45% for swing trades.
Wait for current trades to close at breakeven or profit before entering new trades.
Additional Risk Management Tips:
1. Set Stop Losses: Always protect your capital.
2. Diversify: Avoid putting all funds into one trade or asset.
3. Stay Informed: Monitor market trends and signals.
4. Avoid Emotional Trading: Stick to your strategy.
5. Review and Adjust: Regularly check your trades and strategy to align with goals.
By following these steps, you can trade confidently while minimizing risks.
