Go To Binance Home and Type 'Word of the Day' in the search 🔍 Type any word with the same number of letters according to blocks. This will give you some hints. Yellow means the letter is present in the word but not in its correct position. Green means the letter is in the word and in its correct position. Black means the letter is not present in the word.
You have six tries to guess the word. Usually, you can find the correct word within 2-3 tries. So let's do it...
After completing the word, come back and Share it, if you face any problem let me know.
1- Avoid FOMO (Fear of Missing Out) trading: Don't make impulsive decisions based on fear or hype. Analyze the market carefully before making any trades.
2- Closely follow support and resistance levels: These levels indicate potential price reversal points. Use them to identify entry and exit points for your trades.
3- Always use stop-loss orders: This will limit your losses if the market moves against you. Place your stop-loss orders below your entry point for long trades and above your entry point for short trades.
4- Pay attention to volume before opening a trade: High volume indicates strong market sentiment and can increase the likelihood of a successful trade.
5- If trading with leverage, use shorter time frames: For example, trade on the 15-minute or 5-minute time frame. This can help you manage risk more effectively.
6- Focus on minimizing losses and maximizing profits: This is the key to long-term trading success.
Bonus trading trick:
I'll be sharing a trading trick soon in a video. This trick will help you make informed trading decisions without relying on drawing lines on charts. Stay tuned and follow me..
I made significant losses in 2023 because, I was trading based on my own instincts rather than market principles.
At the end of 2023, when my portfolio was almost near to vanished, I decided to take a month-long break from trading. However, I refused to give up and instead dedicated that month to seriously learning and understanding the complexities of trading.
In early 2024, I resumed trading with a renewed approach. This one-month break and subsequent learning of trading strategies proved to be a turning point. My trades started yielding positive returns, and from the beginning of February, I held onto certain coins. By the end of April, my portfolio had doubled compared to the previous year, effectively recovering all the losses I had incurred in trading.
I will be documenting my journey, including how I achieved this remarkable turnaround, on a daily basis. My hope is that my experiences will benefit many like me who have faced losses in trading and are now feeling discouraged. If you're interested in learning more, follow me.
Guys! Looking at the recent surge in Bitcoin's price, don't you think something significant is on the horizon for the market?
Could this be a sign of a bull run, especially when altcoins are struggling while Bitcoin maintains bullish momentum?
Interestingly, all the analysts are strangely silent this time. Personally, I don't see Bitcoin making a full comeback before marking a new ATH. What are your thoughts on this?
Why Order Flow?Order Flow involves the real-time flow of buy and sell orders, offering insights into supply and demand dynamics. Aggressive buyers and sellers are key players in order flow, with aggressive buying indicating urgency to enter a position, while aggressive selling shows a sense of urgency to exit. Analyzing order flow is crucial as it provides immediate information on market sentiment, helping traders make informed decisions based on current conditions rather than lagging indicators.Delta: Min Delta and Max DeltaDelta in order flow analysis represents the net difference between aggressive buyers and sellers at a specific price level. Changes in min delta and max delta can signal shifts in market sentiment, indicating a stronger bias towards buying or selling at certain price levels. Traders can use these changes to assess trends or potential reversals in the market. To identify min and max delta, traders should observe order flow data, look for extremes, analyze changes over time, consider price action, and utilize available indicators on their trading platform.Identify the POC (point of control)Identifying POC keep an eye on swing highs and swing lows using order flow involves analyzing price movements and corresponding delta changes. A swing high typically coincides with a peak in max delta, indicating strong selling pressure, while a swing low aligns with a minimum delta, suggesting increased buying interest. Traders should confirm swing points with price action, use available indicators, and monitor delta trends to strengthen their identification of these key points.Helping indicators When using order flow analysis to identify trade opportunities, traders should complement it with other indicators like support and resistance levels, moving averages, RSI, volume profile, Bollinger Bands, Fibonacci retracement levels, MACD, and trendlines. Combining these indicators with order flow analysis enhances the reliability of identifying entry and exit points, helping traders make more informed decisions based on a comprehensive view of the market.Find the gap between limit and market OrdersAnalyzing the gap between limit and market orders in order flow can provide insights into market intentions, identify liquidity zones, spot support and resistance levels, confirm breakouts, determine entry and exit points, and reveal order book imbalances. Traders can use this information to optimize order placement, improve execution speed, and reduce slippage. However, it's essential to integrate this analysis with other technical indicators and risk management principles for a well-rounded trading strategy.#Write2Earn #BullRun🐂 #Halving2024
. Let's get real! Despite a total supply of ten billion #strk tokens, only 7.28% are currently in circulation. Although the rate going back up to 7$ is unlikely, it is still possible if the number of holders increases and the circulating supply of STRK remains the same. However, my analysis indicates that the rate will stay between 1.4 to 2.4 for the next two months. This is because whenever the number of holders increases, the circulating supply will be dumped again. Therefore, it is crucial to keep an eye on market trends and make informed decisions accordingly. Don't let your emotions cloud your judgment, and always do your research before making any investment decisions. #strk #Write2Earn #TrendingTopic
"Most traders lose money because they follow the herd mentality and rely on indicators." However, if you want to make profitable trades, then you need to break away from this pattern. Large investors, known as "Whales", wait for the majority of traders to follow a trend before pushing the market in the opposite direction. They use this tactic to manipulate the market and take advantage of traders who follow the trend blindly. To avoid these pitfalls, you need to rely on order flow, which is the best tool for accurately predicting future #market movements in a short timeframe. Remember, indicators only show what the market has done and can help set up trades to some extent; they don't predict future market movements. So, if you want to make profitable trades, you need to be confident and use order flow to make informed trading decisions. Don't just follow the crowd, take control, and make the right moves. . . #TrendingTopic #Write2Earn #Orderflow
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