1. Start with an amount you can afford to lose. Start with $100 if you can. But you can as well start with $10.
2. The MACD strategy.
You don't need to join any trade signal group, just understand this simple MACD strategy.
On binance, these are two lines of yellow and purple lines (maybe other colors in other exchanges)
Once the purple line kisses or goes over the yellow line...
3. That particular coin is about to go bearish to red. If yellow line kisses or goes over the purple line, the coin will moon to green.
You can apply this strategy whenever you want to buy a coin. There other strategies but this is the easiest for newbies. It works 100%.
4. Once you have mastered the MACD, you have passed the first test to a lossless and a forever profit futures trading.
Next step is master the patience and contentment strategy.
5. If you must succeed with this rule, my millionaire friend emphasised the rule of contentment and patience. This means, you must be satisfied with a 10% profit per week or 1.7% profit per day.
Ridiculous? Yes!
But let's get to math.
6. Banks give you a profit of 4% per year in your savings. Some Defi projects give you 2 to 100% per year which may be diluted according to Market situation.
If you make 10% per week, that's 520% in a year. If you add compounding strategy, that's over 5200% per annum.
7. Let's say you start trading futures with $100 using MACD on binance for 1 hour per day. And you make 1.7% profit (which is impossible by the way, you make more)
Day 1. 100 * 1.7% = $101.7
Day 2. Reinvest everything and do the same again.
In a week your $100 = $110
8. End of week 2.
$110 = $121
Week 3
$121 = $133.1
Week 4
$133.1 = $ 146.1
You see, after the first month, your $100 has earned you extra 46% interest.
Do this 1 hour daily for 52 weeks and you will have over $10,000 EOY without ever losing $1 of your money.
Remember, there are days you can make 10% in a day, this means you have covered a week's target in a day, take it and go again next day.
Never use more than 10X leverage with this rule. Stick to 5x always.
9. Remember you spend less than 1 hour daily doing this.
Moreso, the most important rule is patience and contentment.
Remember to do the math & compound your interests.
Don't be greedy, be content with 1.7% per day. If you see 5% or 10% within your hour of trade, take & leave
11. I hope within the next 1 year, someone who took this serious will be able to liberate themselves and family financially.
Once you defeat greed and hurry, and get your MACD analysis always right, it's only a matter of time, and you will be happy ever after.
One of the problems of most Nigerian youth is lack of sense of purpose. Most of us have spent years trying to discover why we are here.
We don't even have a system or backgrounds that help us discover ourselves.
Most study just anything at the university just to have a degree.
Most parents just want to have children without adequate plans on how to train this child to not just develop into a well rounded human but to discover their purpose in life.
Most Nigerian youths purpose in life is to work hard to provide for their parents, siblings and kindred.
These youths neglect themselves and become almost like a savior born to suffer and die for their families. If anyone is a first son or daughter, the pressure intensifies.
This has led many to jettison their dreams for their siblings to achieve theirs. Some even for their parents
So this Nigerian guy is here in Dubai in search of a teaching job. An Egyptian colleague of mine came to my office on a phone call, telling me he was linked to a Nigerian in search of a job role in my dept but he can't help him. That can I talk with him? I said sure...
Spoke to the guy, he asked for my Whatsapp number so he can chat me up, I gave him, now look.
I know I'm not perfect, but I'm not allergic to corrections. Even my students correct me.
This is second Nigerian searching for a teaching job role that I'm blocking.
The earlier we shove off this entitlement mentality and trying to hoodwink others into feeling bad and sad when we don't get all we want. The better.
Only one word from me could have helped his CV. But then, I had to be humble and change my attitude