Making a Trade

Start with Paper Trading

We can’t stress this enough, before risking real money, practice trading in a simulated environment:

Steps to Paper Trade:

  1. Sign up for a paper trading account on platforms like Binance or KuCoin (see links below)

  2. Use the signals from the Eagle AI dashboard to simulate trades.

  3. Track your results to build confidence and refine your strategy.

Placing a Live Trade

Once you’re confident, transition to live trading, we recommend MEXC or APEX as reliable trading platforms.

Steps to Set Up an Account on MEXC:

  1. Visit MEXC Global.

  2. Click on “Sign Up” and enter your email address and a secure password.

  3. Verify your email to activate your account.

  4. Complete KYC (Know Your Customer) verification for higher withdrawal limits.

  5. Deposit funds into your account via crypto transfer or bank card.

Steps to Set Up an Account on Apex Pro:

  1. Visit Apex Pro.

  2. Click on “Sign Up” and create your account using an email address and password.

  3. Verify your email and set up twofactor authentication (2FA) for security.

  4. Fund your account using cryptocurrency or other available funding options.

Steps to Place a Trade:

  1. Log in to your trading platform (e.g., Apex Pro or MEXC).

  2. Select the asset you wish to trade.

  3. Set up your trade:

    • Leverage: Start with 2x or 3x leverage.

    • Entry Price: Use the signal’s recommended price.

    • StopLoss and TakeProfit: Set your own levels based on your trading strategy and desired profit targets.

  4. Execute the trade.

  5. Monitor your position and adjust as needed.

Example:
  • Signal: Buy BTC/USDT at $30,000
  • Leverage: 3x
  • StopLoss: $29,500
  • TakeProfit: $31,000

Risk Management

Trading with leverage involves risk. Follow these tips:

  1. Use low leverage as a beginner.

  2. Leverage: 3x

  3. Only trade with funds you can afford to lose.

If you want to talk to someone for some help then come ask your questions in our Telegram chat.

Happy trading!

Jack

CEO, Eagle AI Labs