You're still new and don't know how or when to open trades, and every time you open a trade, you lose it.
Come, this article will make things easier for you, God willing.
A trading strategy for you as a beginner trader.
You have an amount of $10; you can open a trade with it, let me tell you how.
I will explain it to you in detail.
1. Go and see which currency pair you want to open a trade on and follow their news; you might get recommendations from analysts.
2. Open the chart and take a look at the different time frames and see what the last price the currency reached at the peak in the last 24 hours and what the lowest point it reached and rebounded from during the last 24 hours; you will find this information at the top left of the chart.
3. You can open the chart on a 1-hour frame, take a snapshot, and send it to the artificial intelligence for analysis of potential support and resistance.
4. Open a trade with 10% and monitor the candles; if they rise and reach the desired profits, close the trade.
5. In case of a price drop, wait until the price rebounds from the potential support below and a bullish hour candle appears with liquidity entering the market; then enter with 1% or 2% depending on the available budget. This movement gives you a chance to get an entry point below the point where you entered when opening the trade, so if the price rises, you reach the initial entry point with a suitable profit. And so on.
Finally.
Trading is a double-edged sword; if you do not handle it carefully, you will lose what you have.
Beware of your emotions, as the market does not understand the language of emotions.
Best regards to you.