My Latest Swing in Crypto Day Trading: Lessons from a Club Comp

I’ve been grinding crypto day trades for a couple years now, mostly on platforms like Bitget where the volatility keeps things spicy. Lately, I jumped into this ongoing trading club event… think Phase 16 of their championship… and it’s been a game-changer for sharpening my entries and exits.

No hype, just real talk: I was slipping on quick scalps before, but focusing on high-volume pairs like BTC/USDT and ETH/USDT during peak hours has me netting consistent 1-2% gains per session without overleveraging.

Here’s what clicked for me this round:

• I stick to futures with tight stop-losses at 0.5% below entry, letting winners run if momentum holds above key resistance levels. Saved my ass twice when BTC dipped unexpectedly.
• Spot trading in a group setup means pooling volumes for better rewards… I’ve seen my club climb ranks by coordinating on trending alts like SOL or DOGE when news hits.
• Risk management is key: I cap daily exposure at 2% of my portfolio, using 5x leverage max on futures to avoid liquidation traps in choppy markets.

After a rough start last phase where I chased FOMO trades and tanked, I’m now in the top 50 on the leaderboard, up about 15% ROI in three days.

It’s not about getting rich overnight; it’s building that edge through disciplined reps. If you’re day trading crypto and want to test your setup in a competitive spot, these events push you hard…

If anyone’s in similar comps or has tips on reading order flow better in futures, drop ’em below guys… thanks