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LIVEAhmed ETH
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How do we make profits from trading and make it a stable source of income?
What are the important steps to start in the field of #digital_currencies?
Today I made for you#Threedthe most important things you need to know before you start in the field of trading.
1- Before you start trading, you must measure the risk level of the market you are entering.
Is the market beneficial for you or not?
- Estimate the profit and loss ratio.
- The rate of fluctuation of the stock or currency.
- Check the results of traders before you.
-And what is the guaranteed way to win in this?
market.
Accordingly, you determine the appropriate capital for you.
2- Determine your source of income in this field.
- Speculation!
- Subscription!
- Investment!
- Sticking!
- Sell NFT!
3- If you determine your source of income in the market as speculation or investment, and before you put the halala in your portfolio
You must learn how to manage your capital because it will be your first and last weapon.
This will reduce your loss in the market
4- Learn the basics of trading and buy and sell orders
How to set a stop loss.
How to make profits.
5- Learn the entry and exit areas. This step is very important:
Buy at major supports.
Sell at strong resistances.
6- Learning technical analysis will be your second weapon in this field
7- Your first and last loyalty is to your wallet
Not for a currency, not for a stock, not for an analyst, or for anything else.
#BinanceMenaSquare
What are the important steps to start in the field of #digital_currencies?
Today I made for you#Threedthe most important things you need to know before you start in the field of trading.
1- Before you start trading, you must measure the risk level of the market you are entering.
Is the market beneficial for you or not?
- Estimate the profit and loss ratio.
- The rate of fluctuation of the stock or currency.
- Check the results of traders before you.
-And what is the guaranteed way to win in this?
market.
Accordingly, you determine the appropriate capital for you.
2- Determine your source of income in this field.
- Speculation!
- Subscription!
- Investment!
- Sticking!
- Sell NFT!
3- If you determine your source of income in the market as speculation or investment, and before you put the halala in your portfolio
You must learn how to manage your capital because it will be your first and last weapon.
This will reduce your loss in the market
4- Learn the basics of trading and buy and sell orders
How to set a stop loss.
How to make profits.
5- Learn the entry and exit areas. This step is very important:
Buy at major supports.
Sell at strong resistances.
6- Learning technical analysis will be your second weapon in this field
7- Your first and last loyalty is to your wallet
Not for a currency, not for a stock, not for an analyst, or for anything else.
#BinanceMenaSquare
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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