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Muhammad Faisal
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Good Morning friends. Let's start the day with a profit making trade just like we ended the day yesterday. SKALE (SKL) is destined to go down today about 20% as per our analysis. SHORT SKL/USDT Entry: 0.05800 - 0.06000 Stop Loss according to your wallet 🙏 #SignalAlert #dailygainers #btctoday

Good Morning friends.

Let's start the day with a profit making trade just like we ended the day yesterday.

SKALE (SKL) is destined to go down today about 20% as per our analysis.

SHORT SKL/USDT

Entry: 0.05800 - 0.06000

Stop Loss according to your wallet 🙏

#SignalAlert #dailygainers #btctoday

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#UnderstandingBinance Confused about No. of Grids? Let's take your confusion out by understanding the technicality behind No. of Grids. While placing any Future trade using Future Grids bot, you have to set 4 parameters according to your budget. One of the parameters is "No. of Grids" while other 3 are "Range", "Leverage" and "Amount of USDT". Many people find it quite confusing what is the optimal value for Grids parameter. Whether we should go for maximum No. of Grids or should we resort to minimum number ? Friends, let me explain this for you in a very easy manner. First of all, make sure to turn the "chart" ON for the coin on tab/screen where you set the parameters. By turning the chart ON for you will give you a visual idea of how quickly or slowly your trades will be completed during the course of your Long, Short or Neutral position. I have done it for you in the attached picture. The lines showing in the picture show the price where your trading bot will pick up a trade. The closer the lines the more quicker your bot will pick up the trades. The wider the lines the more slowly your bot will pick up the trades. But this does not just end here. Picking up a trade is only one part of the position, completing the trade is the second and crucial part of the trade because this is where your realized PnL is decided. To elaborate further for your understanding, please note that every trade has to have two legs: Buy leg 🦵 Sell leg 🦵 (the above two terms are totally my own and I use them frequently whenever someone asks me to teach him/her. you can name them differently) If a coin moves up, the trading bot is picking up the "Sell leg" for you. If the coin goes down after picking up the leg above, this will let the trading bot to pick up the second leg which I call "Buy leg". When the trading bot has picked up both legs, the trade is called "Matched Trade" and the resultant profit is added to your PnL amount. If a coin keeps on moving in one direction such that it only keeps picking up one leg, the trades will not be matched. PnL will be negative.
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