why do people trade, especially long on weekends when it's w | UnfazedTrader on Binance Square

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why do people trade, especially long on weekends when it's weekly close ? Volumes are always low on weekends and market always dips before weekly close 8 out of 10 times. People avoid trading on weekends and keep patience for a safe entry always .
#WeekendWisdom #Marketsentimentstoday 

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#BTCanalysis #MarketSentimentToday $BTC is currently holding well at 60,000 zone. Market sentiment is NEUTRAL. Since BTC is slightly on Oversold zone in 4H and 1D charts, there is chance of a slight relief rally in coming week if it closes weekly chart above 60,500. If BTC loses 60k support, it has no support until 56k. BTC is currently priced at $60,630.2, and the market trend is neutral. Here’s a detailed breakdown of the technical indicators: 👉 KDJ: No clear pattern or signal.MACD: No discernible trend or momentum. 👉RSI: No extreme conditions of overbought or oversold. 👉EMA BREAK: No significant breakouts or crossover patterns. 👉BOLL: Support at $60,444.5 and resistance at $61,107.8. With all indicators showing neutrality, there’s no strong market direction. Keep an eye on the BOLL levels for potential support and resistance that could influence future movements. Avoid opening any trade if you are uncertain. Wait for a strong support or rebound or open trades with 1/4th of your margin to DCA later in case of more dips. According to CoinGlass, total volume of BTC (for 24H) is currently at $24.10B long trades vs $25.62B short trades. (48.5% Longs vs 51.5% Shorts) CoinGlass Market Sentiment for BTC is: 👉Bullish 38% 👉Very Bullish 21%. Total Bullish Sentiment: 59% 👉Bearish 15% 👉Very Bearish 12% Total Bearish Sentimen: 27% 👉Neutral: 15%

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Per Day Earning with Zero or Low Risk - Intraday Trading - Profits - Margin - Budget (Futures - Beginner Edition) - PART 1 #intradaytrading #Beginnersguide Learn how to earn daily profits from $5 to $100 in futures trading! This guide explains the budget you need, expected margins, and potential returns. Perfect for beginners looking to understand investment requirements and profit expectations with zero or low risk involved. No fancy expectations. This is realistic approach. 👉 How to Earn $5 a Day: Set Your Goal: Decide how much you want to earn daily. For example, $5 a day. 👉 Required Budget: To earn $5 a day, start with at least $100 to avoid liquidation risk. 👉 Leverage: Use 10x leverage, ideal for beginners (DO NOT EXCEED IT) 👉 Margin: With $100, open a trade with $10 margin using 10x leverage. This means your position is worth $100 (10 x 10). 👉 Profit Target: To earn $5, your position needs to increase by 25%. $10 margin x 25% = $2.5 profit per trade. Two winning trades of $2.5 each will give you $5. You can trade multiple times to reach $5 or even $10 daily. Set your goal and stop trading once you achieve it to manage risk effectively. This is the most realistic and safest way and you can make it even safer, details of which I will post in PART 2 later. To Earn: $10 per day 👉 Budget required $200 $20 per day 👉 Budget required $400 $50 per day 👉 Budget required $1000 $100 per day 👉 Budget required $2000 You can earn even more with these budgets, but that is when you become an advanced or veteran trader. If you are a beginner, this is the best approach with NO RISK involved. Patience and discipline is what required. Set a goal and strictly stick to it. Now based on these calculations, here is a breakdown of the budget needed to earn daily profits ranging from $10 to $100 👇👇👇

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IMPORTANCE OF STOP-LOSS #STOPLOSS A lot of people losing their money in this crypto correction and downtrend (alts have indeed crashed) are those with high leverage, wrong entries with no Stop-Loss, poor DCA strategy and of course due to FOMO. Crypto market is extremely volatile and unpredictable. What strategies do you use when market crashes? What is your risk management? Or do you only expect to put money and expect it to magically double? When opening a position, just dont think about profits, think about loss you can incur and use STOP-LOSS on all your position to save yourself from getting liquidated. Few basic points on how to use Stop-Loss: 👉Determine Risk Tolerance: Decide the maximum loss you can afford on a trade. 👉Set Stop-Loss Level: Place the Stop-Loss at a price level that aligns with your risk tolerance. 👉Use Technical Analysis: Set Stop-Loss based on key support/resistance levels or technical indicators. 👉Adjust as Needed: Move your Stop-Loss to lock in profits as the trade moves in your favor. 👉Consistent Usage: Apply Stop-Loss to every trade to protect your capital. 👉Avoid Over-tightening: Give your trade enough room to avoid premature exits due to minor fluctuations. Trading without a Stop-Loss is like going bungee jumping without the cord—it's only fun until you realize you're in free fall! #tradingtechnique #tradingpsychology #TradingStrategies💼💰

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TWO GOOD ALTCOINS FOR FUTURES INTRADAY TRADING: HIGHLY VOLATILE VS. LOW VOLATILE (BEGINNER'S EDITION) $PEOPLE vs $IOTX 👉 PEOPLE: This is a very volatile coin, good for quick trades (scalping i.e. quick entry and exit - meant only for experts). It can be very rewarding but also very punishing if you are reckless with it or greedy. It has a lot of trading volume and liquidity, making it good for day trading. It can jump up and down in price a lot but is also resilient. If you’re a beginner looking to make profits with a small balance, you might consider this coin. However, use only a small margin and split it into 4 parts for DCA (Dollar-Cost Averaging). It’s very risky, so it's not recommended for new traders. If you have a few months of trading experience and you’re willing to take the risk, wait for a good entry point and be prepared for big price swings. (DO NOT USE LEVERAGE HIGHER THAN x10). 👉 IOTX: This coin is more stable with low volatility, low volume and very resilient. You can trade it without much stress. Profits might come slower than with PEOPLE, but it holds strong during market dips and bounces back well. Enter your trades safely with 1/4th of your margin. Use x10 leverage, or up to x20 if you have some experience into intraday trading. For example, if you open a 10 USDT position for PEOPLE, you can use 15 USDT for IOTX without much hiccups. These coins are very different to each other. PEOPLE offers high rewards but is very risky, so avoid it if you’re new. If you’re a beginner, go with IOTX and always use low leverage. Always set Stop-Loss and Take-Profit, watch the market, and exit at the right time. Good luck and trade safely. Use the safest strategies no matter which coins you trade.

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