Your 977 Usdt is now their Usdt, Plain and simple . Your money is their money now and you are left with a negative futures contract for God knows till when.
Gulfam Sohail
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$TROY is trapped my 977 usdt and now hi is not showing in my future trading this is a scam with me tell me xpertes why this is happening
Your 977 Usdt us now their Usdt, Plain and simple . Your money is their money now and you are left with a negative futures contract for God knows till when.
Gulfam Sohail
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$TROY is trapped my 977 usdt and now hi is not showing in my future trading this is a scam with me tell me xpertes why this is happening
#TROY Liquidated Long: This refers to someone who placed a long position (a bet that the price of TROY, a cryptocurrency, would go up) but lost their investment because the price went down.
$90.2K: This is the total value of the position that was liquidated (closed forcefully due to losses).
at $0.006242: This is the price of TROY when the liquidation occurred.
Key takeaway: A significant amount of money was lost because the bet didn’t go as planned. It shows how risky trading can be in volatile markets.
whales can also see over leveraged trades so they will crash the price by 2% before pumping vice versa. Whales get more money when small time traders get liquidated
Midnight Trader
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Did You Know?
A futures trade of 100 USDT with 100x leverage is like a spot trade of 10,000 USDT! 😲 However, with futures trading, if the token's value drops by just 1%, you could lose all your 100 USDT. 😮
In futures trading, if you have 9,000 USDT and the token's value drops by 90%, you will lose everything. 🤒 The bigger the price drop, the more stress and regret you might feel. 😭 You have to accept the loss if you want to close the trade.
In spot trading, your tokens still have value no matter how much the price drops. Your profit depends on the token's price, but your coins always hold some value. 🙂
Futures trading can trap you in stressful situations, while spot trading gives you control over your coins and emotions. The price of your coins will either go up or down from where you bought them.
In both futures and spot trading, having 100 USDT in a 10,000 USDT account is essentially the same. 🧐
Success and wealth aren't just about how much money you make; it's about how happy you feel with your progress over time. 🥰 If you have 100 USDT, success is about being content with what you earn as time goes by.
Ultimately, it's about managing your feelings. True success comes from being satisfied with your journey. 😍
I am getting some comments from people asking me what will happen to our future trades on $FTM as it will be swapped to a new token.
Although it's mentioned on the pair trading page but here is the detail if you missed it 👇🏻
Binance Futures will close all positions and conduct an automatic settlement on the FTMUSDT and FTMUSD COIN-M Perpetual Contracts at 2025-01-06 09:00 (UTC). The contracts will be delisted after the settlement is complete. Users are advised to close any open positions prior to the delisting time to avoid automatic settlement. Users are not allowed to open new positions for the aforementioned contract(s) starting from 2025-01-06 08:30 (UTC).
Your positions will be automatically closed if you don't close it before 6th January.
THE LIQUIDATION EPIDEMIC: WHY IT HAPPENS AND HOW TO PROTECT YOURSELF
The cryptocurrency market is no stranger to liquidations. In the past 60 minutes alone, a staggering $310,000,000 was liquidated. But what's behind this phenomenon, and how can you avoid becoming a statistic?
The truth is, many traders are unaware of the risks involved in trading. They're lured in by the promise of quick profits and easy wealth, without taking the time to learn the fundamentals of trading.
As a result, they enter the market without a solid strategy, and without the proper risk management techniques in place. This is a recipe for disaster, and it's a major contributor to the liquidation epidemic.
So, how can you protect yourself from liquidation? Here are some key lessons to keep in mind:
1. *Risk management is key*: Don't over-trade. Use a small percentage of your wallet for a few signals, and never risk more than you can afford to lose.
2. *Take profits strategically*: Don't wait for all targets to be hit. Secure your profits and move on.
3. *Be patient and disciplined*: Trading isn't a get-rich-quick scheme. It requires patience, discipline, and a solid strategy.
4. *Use stop-losses*: Don't hold onto losing trades, hoping they'll recover. Cut your losses early and use stop-losses to limit your risk.
5. *Stay informed*: Stay up-to-date with market news and analysis. This will help you make informed decisions and avoid costly mistakes.
By following these lessons, you can protect yourself from liquidation and achieve success in the cryptocurrency market. Remember, trading is a marathon, not a sprint. Stay safe, manage wisely, and keep your future in mind.#BTCNextMove #USUALBullRun #ElSalvadorBTCReserve #USJoblessClaimsFall #GrayscaleSUITrust
I can't Expect this Downward .. Never seen such hard time..
The market has never felt this lifeless before. What’s truly surprising is that this isn’t happening during a typical bear market – it’s unfolding right in the middle of what’s supposed to be a thriving bull run. It’s mind-boggling to see such a lack of activity when we’d usually expect heightened excitement, increased volume, and surging prices.
Even during a bear cycle, this level of inactivity would seem unusual, but to witness it now, when bullish sentiment should dominate, is beyond comprehension. Historically, bull markets bring explosive rallies, new highs, and intense trading activity. However, this time, it’s eerily quiet, almost as if the market has hit a standstill. Such unprecedented behavior raises serious questions about current market dynamics and where things might head from here.
Taking a break from the crypto market, especially during volatile and potentially manipulative situations, can be beneficial for your mental and financial well-being.
Here are some reasons why taking a step back might be a good idea:
1. *Avoid emotional decision-making*: The crypto market can be emotionally challenging, especially when prices are fluctuating rapidly. Taking a break can help you clear your mind and make more rational decisions. 2. *Reduce stress and anxiety*: The crypto market can be stressful, especially if you're heavily invested. Taking a break can help you relax and reduce anxiety. 3. *Re-evaluate your investment strategy*: A break from the market can give you time to reassess your investment strategy, consider new information, and adjust your approach as needed. 4. *Avoid impulsive decisions*: The crypto market can be impulsive, with many investors making decisions based on short-term price movements. Taking a break can help you avoid making impulsive decisions that might harm your long-term investment goals.
Remember, taking a break from the crypto market doesn't mean you're abandoning your investments. It's about taking a step back, reassessing your approach, and returning to the market when you feel more informed and composed.
Here are 7 ways to avoid liquidation in trading, especially when dealing with leveraged positions:
1. Use Proper Risk Management ***Avoid overleveraging your account. Stick to a manageable position size (e.g., risk only 1-2% of your account per trade). ***Always calculate the risk-to-reward ratio before entering any trade.
2. Set Stop-Loss Orders ***Always use stop-loss orders to limit potential losses. ***Place the stop-loss at a level that invalidates your trade setup rather than at random levels.
3. Maintain Adequate Margin ***Keep a buffer in your account by maintaining a sufficient margin level. ***Avoid using all available capital as margin, which increases the risk of a margin call.
4. Diversify Your Trades ***Avoid putting all your capital into a single trade or market. ***Spread your risk across multiple assets to reduce exposure to one position.
5. Monitor Market Volatility ***Avoid trading during highly volatile events, such as news releases, unless you are confident in your strategy. ***Use tools like the Average True Range (ATR) to identify volatile conditions.
6. Leverage Properly ***Use low leverage, especially as a beginner. High leverage magnifies both profits and losses, increasing the chance of liquidation. ***For example, start with a leverage ratio of 1:5 or lower rather than 1:100.
7. Have a Clear Trading Plan ***Stick to a well-defined plan that includes entry, exit, and risk management strategies. ***Avoid emotional or impulsive trading decisions that deviate from your plan.