Getting Started with Sharks Signals
Welcome to Sharks Signals! This guide will help you understand how to effectively use our trading signals to make informed decisions in the crypto market.
Step 1: Join Our Telegram Channel
All our signals are delivered through Telegram for instant notifications. Make sure you have:
- Telegram app installed on your phone
- Notifications enabled for our channel
- Joined both the free channel and VIP group (if subscribed)
Step 2: Understanding Signal Format
Each signal we send includes the following information:
- Coin/Pair: The cryptocurrency pair (e.g., BTC/USDT)
- Entry Price: The recommended price to enter the trade
- Take Profit (TP): Target prices to secure profits (usually TP1, TP2, TP3)
- Stop Loss (SL): Price level to exit if the trade goes against you
- Leverage: Recommended leverage for futures trades
💡 Pro Tip: Always use the stop loss we provide. Risk management is more important than any single trade!
Step 3: Execute the Trade
When you receive a signal:
- Open your preferred exchange (Binance, Bybit, etc.)
- Find the trading pair mentioned in the signal
- Set your entry order at the recommended price
- Set your Take Profit and Stop Loss orders
- Confirm and wait for the trade to execute
Step 4: Managing Your Position
Once in a trade:
- Take partial profits at TP1 (recommended: 30-50%)
- Move stop loss to entry after TP1 hits (risk-free trade)
- Let remaining position run to TP2/TP3
- Never move your stop loss further away from entry
Risk Management Rules
Follow these golden rules to protect your capital:
- Never risk more than 1-2% of your portfolio on a single trade
- Always use stop losses - no exceptions
- Don't over-leverage - stick to recommended leverage or lower
- Don't FOMO - if you missed the entry, wait for the next signal
Need Help?
If you have questions about any signal or need clarification, reach out to us on Telegram Support.
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