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Shezad36

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Which one is good for scalping vs Day Trading ? scalping vs Day Trading Scalping and day trading are both trading strategies, but they have some key differences: Scalping: - A trading strategy designed for very short-term gains - Traders buy or sell a stock and close the trade within seconds or minutes - Profits are small, but traders have the opportunity to make many trades - Scalping involves using market volatility to one's advantage Day Trading: - A trading strategy that is completed within a single trading day - Traders buy or sell a stock and close the trade on the same day - Profits are moderate, and traders need to follow market trends - Day trading involves using market analysis and technical analysis Which is better, scalping or day trading? It depends on the trader's goals, risk tolerance, and experience. Scalping involves high risk but also high rewards. Day trading involves moderate risk and moderate rewards. For scalping: - A high-speed trading platform is required - Traders need to use market volatility to their advantage - Traders have the opportunity to make many trades For day trading: - Traders need to use market analysis and technical analysis - Traders need to follow market trends - Moderate risk and moderate rewards are involved

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What to do after losing in crypto? Steps to take 1. *Control emotions*: Control emotions and avoid impulsive decisions. 2. *Portfolio review*: Review your portfolio and understand what went wrong. 3. *Risk management*: Understand risk management and reduce your risk. 4. *Stop-loss*: Set stop-loss to minimize future losses. 5. *Diversification*: Diversify your portfolio to avoid putting all eggs in one basket. 6. *Long-term perspective*: Maintain a long-term perspective and ignore short-term losses. 7. *Learn from mistakes*: Learn from your mistakes and make better decisions next time. 8. *Stay informed*: Follow crypto market news and updates to make informed decisions. 9. *Rebalance portfolio*: Rebalance your portfolio and adjust assets. 10. *Consult a financial advisor*: If needed, consult a financial advisor and seek their guidance. These steps will help you make better decisions after losing in crypto.

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Candlestick Pattern Lesson no.10 Three Outside Up Pattern Information: The Three Outside Up is a bullish reversal pattern composed of three candles. It often indicates a potential shift from bearish to bullish sentiment. The pattern involves a large bearish (down) candle followed by a smaller bullish (up) candle that is entirely engulfed by a larger bullish candle. How to Use: Identify Downtrend: Look for a prevailing downtrend in the price chart. Spot Three Outside Up: Observe a large bearish candle followed by a smaller bullish candle that is completely engulfed by a larger bullish candle. Confirmation: While the pattern is significant, consider additional confirmation from other technical indicators or patterns. Entry: Consider entering a long (buy) position at the opening of the next candle following the Three Outside Up pattern. Stop Loss: Place a stop-loss order below the low of the pattern or at a suitable support level. Target: Determine a price target based on resistance levels or other technical analysis tools. Important Points: Engulfing Effect: The engulfing effect of the larger bullish candle indicates a potential reversal of the previous downtrend. Volume: Look for higher trading volume accompanying the pattern, as it adds strength to the bullish signal. Confirmation: Rely on confirmation signals to validate the pattern, as isolated patterns can sometimes lead to false signals. Market Context: Consider the broader market trend, news, and other factors before relying solely on the Three Outside Up pattern. Use the Three Outside Up pattern as part of a comprehensive trading strategy. Combine it with other technical and fundamental analysis tools to make informed trading decisions. Remember that while patterns can provide valuable insights, prudent risk management and well-reasoned decision-making are essential for successful trading.

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#bnx *Binary X News* Here are some news and updates about Binary X Token Burn Proposal*: BinaryX has proposed a 74% burn of its token supply, which could potentially impact the price of BNX. Price Surge*: Following the token burn proposal, BNX surged by 38% in price. GameFi Platform*: BinaryX is transitioning to a GameFi platform, offering IGO services to bridge Web2 developers to Web3. DAO Governance*: BinaryX has a DAO governance system, which allows for community involvement in decision-making. Market Capitalization*: The market capitalization of BinaryX is $544,814,952, with a 24-hour trading volume of $32,717,940. Circulating Supply*: The circulating supply of BNX is 372,864,724, with a total supply of 560,605,771. All-Time High*: The all-time high price of BNX was $6.58, recorded on February 28, 2023. All-Time Low*: The all-time low price of BNX was $0.1719, recorded on August 17, 2023.

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How to star crypto trading ? ************************** "To start crypto trading, follow these steps: 1. _Create an account on a crypto exchange_: First, you need to create an account on a crypto exchange like Binance, Coinbase, or WazirX. 2. _Verify your account_: After creating an account, you need to verify it. For this, you need to upload your identity proof and address proof. 3. _Deposit funds_: After verifying your account, you need to deposit funds into your account. This can be in the form of INR, USD, or any other cryptocurrency. 4. _Select a crypto_: After depositing funds, you need to select a cryptocurrency. This can be Bitcoin, Ethereum, or any other. 5. _Create a trading strategy_: After selecting a crypto, you need to create a trading strategy. This can be long-term investment, short-term trading, or any other. 6. _Select a platform to trade_: After creating a trading strategy, you need to select a platform to trade. This can be Binance, Coinbase, or any other. 7. _Buy or sell crypto_: After selecting a platform, you need to place an order to buy or sell crypto. 8. _Track your portfolio_: After buying or selling crypto, you need to track your portfolio. This will help you understand how your investment is performing. These steps can help you start crypto trading. However, it's important to do your research and consult with a financial advisor before starting."

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