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Engr-Awais
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$TRX
is coming back to life for day-traders.
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Some Points for Future Traders: 1. Avoid Chasing Opportunities: - Mistake: Many retail traders try to predict market moves, leading to losses. - Solution: Wait for opportunities instead of chasing them. 2. Patience and Timing: - Strategy: Successful trading is built on patience and precise timing. - Focus: Spend most of your time on research and planning your entry point. 3. Solid Analysis: - Action: Open positions based on thorough analysis. - Result: Once a position is opened with solid analysis, 99% of the work is done. 4. Patience After Opening a Position: - Confidence: Trust your research and wait patiently for profits. - Avoid Anxiety: Constantly checking your position shows uncertainty. If your analysis is strong, profits will come in time. 5. Avoid Emotional Trading: - Rational Approach: Steer clear of emotional and irrational trading decisions. - Goal: Aim to profit from others' mistakes rather than contributing money to the market.
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Bitcoin going mad. Liquidating accounts. No mercy. $BTC
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Risk Management in Future Trading To manage risk in futures trading with $100, ensure that your total leveraged position does not exceed your available funds. Using 50x leverage, the margin should be no more than $2, resulting in a $100 position. This strategy prevents liquidation, as your position remains within your total funds. Leverage involves borrowing against your funds, and higher leverage, such as 50x compared to 5x, increases both potential gains and risks. The primary danger of high leverage is liquidation if the position surpasses your available funds. For example, opening a position with a $1 margin at 50x leverage creates a $50 position. If the crypto rises 1%, you gain 50% on your margin, or $0.50. If it rises 10%, you gain 500%, or $5 on your $1 margin. Stay safe & play safe.
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Everything goes down with BTC. #Buy_More_In_The_Dip
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Too much uncertainty in the market. Not safe to invest at this moment. Even the expert are unsure about the next move. #BTC #altcoins $BTC $ETH $SOL
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