TRADING TIPS

if you feel nervous when placing a position, then don't do it. This means that you are not confident on your trade. Confidence is an important thing when it comes to trading. To gain more confidence, you must analyze the chart carefully and make sure you are only risking 5% of your capital on one trade.

like and follow for more trading tips everyone!

#TradingTipOfTheDay
#ConfidenceIsKey

Questions to Ask When Creating a Trading Strategy

1.When do I begin to trade?
2.Can I read charts & sticks?
4.When do I stop for the day?
What's my...?
5. Targeted profit per day/week/ month?
6. Principal amount?
6. Long-term goal?
7. Risk tolerance?
#TradingTipOfTheDay
#BTC

Selling dips ➡️ Practice patience
Taking loses ➡️ Learn to trade
Can't read charts ➡️ Learn TA
Getting liquidated ➡️ Manage your margin levels
Don't know the coin to buy ➡️ Don't FOMO
Trading when tired ➡️ Rest
Trading when hungry ➡️ Eat
#crypto2023 #dyor
#TradingTipOfTheDay

#TradingTipOfTheDay
Avoid pump & dump schemes & signals like plague! 🚫
They are not just illegal, but the organisers are also using you to pump a coin they have already bought which they sell sooner dumping it on you, leaving you with losses.

Master FA and TA instead.
#BTC

I learnt to trade margin by starting with the lowest leverage possible. That way I learnt to avoid getting liquidated. Then I increased it after I had learnt how it goes.

#Margintrading can be intimidating but it can help a trader turn in more profits. #TradingTipOfTheDay

I have taken loses in the past coz I didn't fully understand how my trading platform worked, especially after an update.

Understand your app. Play around with it before trading to see which settings exist that could help execute your trades better.
#TradingTipOfTheDay #BTC

Educational Trading Tip, When you locking in Profits of short position in Crypto.

#educational #TradingTipOfTheDay #cryptotrading #dyor #cryptopmyoutube

#TradingTipOfTheDay
🟩 Make use of the platform tools on Binance

1. Favourite the pairs you have analysed and understood and place the ones you have interest in on top of the list.

It will help you to easily keep a closer watch on them and will save you time and energy.

When #Margintrading the platform lends you money to increase your position.

It's very useful when trading a small account as it could turn bigger profits.

Master #Spottrading before trading margin as one mistake can lead you to lose all your money. #TradingTipOfTheDay #BTC

If you cannot turn $50 to $65 then you also cannot turn $1000 to $8000.

A beginner is more likely to lose money than to gain.

Teach your self to trade using a small account then top up when you are confident that you have figured it out.


#TradingTipOfTheDay #dyor

Not every time is a good time to trade. Low volumes, tough resistances, bear markets etc can prove difficult to navigate.

A good trader knows to wait for the right time to enter a trade based on their strategy.

You don't have to always be in a trade.
#TradingTipOfTheDay

Remember for every seller there is a buyer. That's why it's called a trade.

Don't buy high and sell low🚫 unless you are shorting or is managing a margin call.

Buy low and sell high ✅ and patience is key.
#hodl #TradingTipOfTheDay

TRADING TIP FOR BEGINNERS :
If you're a Newbie into the trading scene, here is one thing you should know...TRADE ONE COIN at a TIME !!!

Trading isn't enjoyable when you're making losses, but it is even more worst when you're making too many losses$AI .

This may not apply to all beginners, but it will apply to most! Trade one coin at a time, and be Patient$ETH ...The NEXT CRYPTO PUMP might just be yours for the Taking 😁🙏💯
#BTC #ARB #TradingEthics #TradingTipOfTheDay

👉 Tip: Currently, INJ is at an important daily support level. If it lost support zone, this could cause a deeper correction towards the next important daily support level of around $20. Let see!

This content is for personal, not financial recommend, Pls DYOR.

#TrendingTopic #INJS #BTC #TradingAdvice #TradingTipOfTheDay

THE MOST UNCONVENTIONAL TRADING TIP TO UPLIFT YOU FROM A ROOKIE TO ROCKSTAR IS -

TAKE EVERYTHING CONVENTIONAL SERIOUSLY

I know, the raw unprocessed trading or your personal style might be working for you so well. But there is a reason why most, if not all successful traders vouch for the fundamentals.

Markets are different every year, assets will be different and within a year there are multiple different phases. For ex, some days are news days, some are international event days, some trading days are project specific and some days are unseen and never happened like COVID phase.

There will be times when you would anticipate the market, always to a varied degree though. And there will be times that you can never anticipate.

When nothing will work, your grasp over the fundamentals will save you from getting huge dents in your capital, if it wouldn’t help you in expanding your portfolio.

But alas, I see so so many people that take the basics lightly. They rarely use stop losses. Or assess their risk appetite before jumping on a trade. And rarely ever people plan an exit. Let alone scrutinising the project history. Or getting done with, if its not your day.

May be you are the one who’s like SL.. SL, “I know we should minimise losses, stop throwing a 10 years old’s wisdom at my face. I stick to the screen. And I always take a comfortable exit.”

Okay, you might for now, while dealing with a single trade. Or minuscule Capital. But eventually as you grow, a system based on strong fundamentals will become a must or MARK my words - your journey here is going to be short lived.

As you will end up training your mind in a certain way, and destroying your trade psychology irrespective of how much ever smart you may think you are.

So learn implementing the conventional with utmost ease and make it your second nature before breaking and transcending it with your personal style and pioneering custom strategies.

There are no shortcuts to any place worth reaching.

#TradingTips #TradingTipOfTheDay #TraderMistakes

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#UNI/USDT

#LONG

👉Leverage : Cross 20X

👉Entry Target : 7.70

Take profit Targets 👇

7.76
7.84
7.95
8.15

🛑Stop Target : 7.20

@BS trading

#TradingSignal #TradingTipOfTheDay #TradingTips $UNI

#ZEN/USDT

#LONG

👉Leverage : Cross 20X

👉Entry Target : 9.55

Take profit Targets 👇

9.62
9.70
9.80
10.1

🛑Stop Target : 8.80

@BS trading

#TradingSignals #TradingTips" #TradingTipOfTheDay $ZEN

#TON/USDT

#LONG

👉Leverage : Cross 20X

👉Entry Target : 7.3730

Take profit Targets 👇

7.4600
7.5300
7.6100
7.6900
7.7700
7.8800

🛑Stop Target : 7.0400

@BS trading

#TradingSignals #TradingTips" #TradingTips #TradingTipOfTheDay