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$BTC will bounce from right here 65.6k or from 64.5k range......Hold Tight. keep your liquidation low. buy now . Dot, Near,Ena,KSM, Doge,ICP,Matic for spot. if you Wana do leverage don't go with more then 2x. keep at least 30% as reserve. #Dyor before jumping into trade. None of my post is financial advice. #BinanceTournament #AirdropGuide #BTCFOMCWatch #CPIAlert #The_cryptologist
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$BTC $ETH $BNB Sorry Bro ! If you can't take 2min daily to read and learn from my post. Your are not supposed to win this game. Just Imagine By reading 2min daily, You can be in those 5% who always wins. Choice is yours, Just A click on follow button can change your fortune. #FIT21 #BnbAth #Binance200M #The_cryptologist
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$BTC $SOL $ETH Trading—The Last Frontier ■ 3. The Odds against You Why do most traders lose and wash out of the markets? Emotional and mindless trading are big reasons, but there is another. Markets are actually set up so that most traders must lose money. The trading industry slowly kills traders with commissions and slippage. You pay commissions for entering and exiting trades. Slippage is the difference between the price at which you place your order and the price at which it gets filled. When you place a limit order, it is filled at your price or better, or not at all. When you feel eager to enter or exit and place a market order, it’s often filled at a worse price than prevailed when you placed it. Most amateurs are unaware of the harm done by commissions and slippage, just as medieval peasants could not imagine that tiny invisible germs could kill them. If you ignore slippage and deal with a broker who charges high commissions, you’re acting like a peasant who drinks from a communal pool during a cholera epidemic. The trading industry keeps draining huge amounts of money from the markets. Exchanges, regulators, brokers, and advisors live off the markets, while generations of traders keep washing out. Markets need a fresh supply of losers just as builders of the ancient pyramids needed a fresh supply of slaves. Losers bring money into the markets, which is necessary for the prosperity of the trading industry. Note: Start reading from Sequence 1. #The_cryptologist #Binance200M #BnbAth #Metaverse #altcoins
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$BTC $ETH $BNB Trading—The Last Frontier Don't Miss the chance to learn what no one teaches you even in paid course. 2.2 How This Learning Series Is Organized (2/2) Part Nine will lead you into the all-important topic of money management. This essential aspect of successful trading is neglected by most amateurs. You can have a brilliant trading system, but if your risk management is poor, then a short string of losses will destroy your account. Armed with the Iron Triangle of risk control and other tools, you’ll become a safer and more effective trader. Part Ten will delve into the nitty-gritty of trading—setting stops, profit targets, and scanning. These practical details will help you implement any system you like. Note: To understand full concept start reading from Sequence 1. #Binance200M #TopCoinsJune2024 #TopCoinsJune2024 #FIT21 #The_cryptologist
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$BTC $ETH $SOL Trading—The Last Frontier How This Learning series Is Organized (1/2) The three pillars of successful trading are psychology, market analysis, and risk man- agement. Good record-keeping ties them together. This book will help you learn the essentials of all these areas. Part One of this series will show you how to manage emotions in trading. I discov- ered this method while practicing psychiatry. It greatly improved my trading, and it can help you too. Part Two will focus on crowd psychology of the markets. Mass behavior is more primitive than that of individuals. If you understand how crowds behave, you’ll be able to profit from their mood swings instead of being swept up in their emotional tides. Part Three will show how chart patterns reflect crowd behavior. Classical techni- cal analysis is applied social psychology, like poll-taking. Support, resistance, break- outs, and other patterns reflect crowd behavior. Part Four will teach you modern methods of computerized technical analysis. Indicators provide a better insight into mass psychology than classical chart patterns. Trend-following indicators help identify market trends, while oscillators show when those trends are ready to reverse. Volume and open interest also reflect crowd behavior. Part Five will focus on them as well as on the passage of time in the markets. Crowds have short attention spans, and a trader who relates price changes to time gains a competitive advantage. Part Six will focus on the best tools for analyzing the stock market as a whole. They can be especially helpful for stock index futures and options traders. Part Seven will present several trading systems. We’ll begin with the Triple Screen, which has become widely accepted, and then review the Impulse and Channel trad- ing systems. Part Eight will discuss several classes of trading vehicles. It will outline pluses and minuses of equities, futures, options, and forex, while blowing away the promotional fog that clouds some of these markets. #The_cryptologist
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