There is no need to invest your whole portfolio in single trade. Just invest 5% of your margin in a single trade. If a trade goes against your analysis, it's OK. you can DCA as well. Toady MaticUsdt went up when @CRYPTO HACKS asked for short. It break the previous high and went to 1.0947. Most people thought that it will go to 1.2600 direct but what happened, it suddenly dumped to 1.0450. all longs were trapped. 2 lesson from this, (1)use less fund and have DCA opportunity (2) Never doubt your analysis. Accept whether it lead you to win or loss.
Those who saw my article and entered in RNDR swing trade (short), are now in good profit. That's why I say, don't be greedy. One good trade is enough for one day. #RN #geminiearn #BinanceSquare
If BTC goes goes in downtrend then you can open a short side trade in RNDR but make sure that you are not using more than 4% of your wallet with 10x leverage (Keep an eye on BTC). Its current price is 1.9730(2.5% of your wallet). Consider it as swing trade which will take some time. Your targets will be 1.9550, 19400, 1.9300, 1.9150 and 1.9050. If it goes up then DCA(2.5% of your wallet) but not before 2.000. Your stoploss should be 2.0200. No need to put stoploss. If it goes up to that point ju
My Experience of Sharing 1st Trade on Binance Feed.
yesterday I uploaded a post of #1Inch short with 10x leverage which hit all tps and made 85% profit. It's a huge success for me. 1 more interesting thing that I don't greed for much traditing. Daily 1 trade is enough if it gives you 100% profit with 10x leverage. At the end of the month, you are going to have 3000%. It's my view and calculation.Follow me for more updates. #BinanceSquare BinanceSquare#bitcoin
Why Beginners Shouldn't Trade in High Volatile Coins?
1. Beginners have limited account balance. Sharps pump and dump moves (like today LOOM did) can cost them loss.2. Most of the beginners, try ko Short these coins even when funding rate fee is -3.000. You should know that when funding fee is -3, Those who are taking Shorts positions are paying to Buyers (Long Positions). That's why most experienced people opens long positions on right time to make good profits with small amount.4. High Manipulation.5. SL hunting.Hope it, will give you benefit. An
Tip:
The Best Way To Grow And Save Your Money In Future Trading.
1. Do not open more then 2 trades at a same time. Make sure that you trade with 1:2 risk and reward ratio. 2. Pick a coin and become the master of that coin's movement. Notice pumps and dupms. It will help you to trade long from one side and short from exactly where you ended the long. You will always be profitable.3. Do not use more than 5% of your capital in a trade. If trade went against you, you can DCA to minimize your loss. 4. Don't trade with high leverage. High leverage can liquate your
TOMO has clearly broke his resistance zone of 1.49. Now it will trade between 1.49 and 1.52-3. But it will definitely try to liquate long and can fall to 1.45-6. Remember that there is still liquidity remained on 1.6000. Always trade with proper strategy doing long or short. The best short opportunity will be 1.5800-1.6000 and those who will hold and will partially book their profits, will increase their PNL. Those who are in the middle of long or short, do DCA. It will give you chance to close
currently Tomo is looking bullish and there is liquidity around 1.6000. Definitely it will not go there in single pump. It is trying to liquidate both long and short right now, moving with up and down in 300 points. First 1.4500 to 1.4300 and now 1.4660 to 1.4975 and also trying to break its resistance of 1.49. So if you are trading in TOMO, becarefull and trade with your proper risk management.
Set up your Binance Square profile (i.e., your nickname, avatar and bio).Create one post or article on Binance Square. Like and comment on five different posts or articles on Binance Square. Gain three new Binance Square followers. Follow ten accounts on Binance Square. Follow me for more updates #binancesquare
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