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🤔🤔What are the Top five mistakes I should avoid when trading? 🫣💸Mistake 1: Emotional trading Nothing is more frustrating than opening a long stock position and seeing the market drop, bringing the value of your long position to levels well below the price you bought it. The same can be said about missing out on a move in a stock that's been on your radar for a while. Anger, fear, and anxiety can lead traders to make quick and even irrational, emotion-based decisions. For example, if a long position starts losing money, traders may start buying more positions at lower prices or opening short positions on the same stock, thinking it's a way to get even with the market. And when it comes to missing out on a move, traders might make the mistake of trying to jump on a move after it's already happened—perhaps at the point when it's ready to reverse. The reality is that markets are cyclical, moving through ups and downs. Instead of buying or selling in a panic, think about how you can best manage risk. Mistake 2: Moving the goal posts There are many ways to avoid admitting you've made a mistake, but it's generally better to acknowledge a small loss than to keep digging in and lose more. Say you've set a stop order on a position so if it falls below that price, you'll automatically sell. Pulling—or canceling—a stop is often an unconscious attempt to avoid admitting you were wrong. After all, as long as the position is open, there's still a chance it could come back. (Of course, it could also fall a lot further.) Or imagine you generally rely on a short-term technical indicator, like a five-period exponential moving average (5EMA), to determine when you should sell a stock. If a stock breaks below the 5EMA and you change your indicator to a 9EMA, then a 21EMA, you're probably just using technical indicators to rationalize an otherwise irrational trading decision. It's usually best to stick to the plan you had, using the indicators you typically rely on, and take small losses quickly rather than dragging out a losing trade. Mistake 3: Playing earnings During earnings season, you might find yourself with a firm conviction about which way a stock will move—maybe your preferred indicator points a certain way or you feel you know everything there is to know about a company's fundamentals—but that doesn't mean you're right. And markets can surprise you. So, it may be best to avoid trading around earnings. Mistake 4: Trading the wrong time frame Maybe the fast pace of day trading makes you anxious, or the slower pace of swing trading (where you hold positions for two to six days or longer) bores you. Either way, trading at a pace you don't enjoy probably won't lead to the best outcomes. Find the time frame that best fits your personality, and you might find you can think more clearly and make better decisions. Mistake 5: Trying to pick tops or bottoms Which story is more fun to tell: The one where you made money following a strong trend, or the one where you picked up a stock at a bargain low? If you're like many traders, you'd prefer the second one because it's a lot more dramatic. Perhaps that's why some traders spend a disproportionate amount of time trying to buy bottoms or short tops. Of course, the problem with this approach should be self-evident. If you're more concerned about how you made money than actually making it, you might be trading for the wrong reasons. Be happy 🥰 $BTC {spot}(BTCUSDT) $BNB {spot}(BNBUSDT) #TetherAEDLaunch #tradingmistake #NOTfinancial #writetoearn #loveBinance

🤔🤔What are the Top five mistakes I should avoid when trading? 🫣💸

Mistake 1: Emotional trading
Nothing is more frustrating than opening a long stock position and seeing the market drop, bringing the value of your long position to levels well below the price you bought it. The same can be said about missing out on a move in a stock that's been on your radar for a while.
Anger, fear, and anxiety can lead traders to make quick and even irrational, emotion-based decisions.
For example, if a long position starts losing money, traders may start buying more positions at lower prices or opening short positions on the same stock, thinking it's a way to get even with the market.
And when it comes to missing out on a move, traders might make the mistake of trying to jump on a move after it's already happened—perhaps at the point when it's ready to reverse.
The reality is that markets are cyclical, moving through ups and downs. Instead of buying or selling in a panic, think about how you can best manage risk.
Mistake 2: Moving the goal posts
There are many ways to avoid admitting you've made a mistake, but it's generally better to acknowledge a small loss than to keep digging in and lose more.
Say you've set a stop order on a position so if it falls below that price, you'll automatically sell. Pulling—or canceling—a stop is often an unconscious attempt to avoid admitting you were wrong. After all, as long as the position is open, there's still a chance it could come back. (Of course, it could also fall a lot further.)
Or imagine you generally rely on a short-term technical indicator, like a five-period exponential moving average (5EMA), to determine when you should sell a stock. If a stock breaks below the 5EMA and you change your indicator to a 9EMA, then a 21EMA, you're probably just using technical indicators to rationalize an otherwise irrational trading decision.
It's usually best to stick to the plan you had, using the indicators you typically rely on, and take small losses quickly rather than dragging out a losing trade.
Mistake 3: Playing earnings
During earnings season, you might find yourself with a firm conviction about which way a stock will move—maybe your preferred indicator points a certain way or you feel you know everything there is to know about a company's fundamentals—but that doesn't mean you're right. And markets can surprise you. So, it may be best to avoid trading around earnings.
Mistake 4: Trading the wrong time frame
Maybe the fast pace of day trading makes you anxious, or the slower pace of swing trading (where you hold positions for two to six days or longer) bores you. Either way, trading at a pace you don't enjoy probably won't lead to the best outcomes. Find the time frame that best fits your personality, and you might find you can think more clearly and make better decisions.
Mistake 5: Trying to pick tops or bottoms
Which story is more fun to tell: The one where you made money following a strong trend, or the one where you picked up a stock at a bargain low? If you're like many traders, you'd prefer the second one because it's a lot more dramatic.
Perhaps that's why some traders spend a disproportionate amount of time trying to buy bottoms or short tops. Of course, the problem with this approach should be self-evident. If you're more concerned about how you made money than actually making it, you might be trading for the wrong reasons. Be happy 🥰
$BTC
$BNB
#TetherAEDLaunch #tradingmistake #NOTfinancial #writetoearn #loveBinance
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Bearish
$APT $APT $APT 💥 APT/USDT highlighting key levels and targets💥 Current Price and Volume Context Current Price: $8.65, down 2.15%. 24h Range: High of $9.01 and low of $8.56, indicating immediate resistance near $9.01 and support around $8.56. Volume: 24h volume for APT is 2.66 million APT and for USDT, 23.36 million, suggesting active trading interest. Key Technical Levels Support and Resistance: Support Levels: $8.56 is the key support from the 24h low. A break below this could target $8.50 and possibly $8.30 if selling pressure increases. Resistance Levels: $9.01 is the immediate resistance level. If APT breaks above this, it could aim for $9.10 and potentially $9.35 as the next resistance. Moving Averages (MA): MA (5): 140,154.33 and MA (10): 116,028.69. If the 5-period MA crosses above the 10-period MA, it may signal short-term bullish momentum. A cross below could suggest continued bearish pressure. Volume Analysis: Volume spikes on upward price movement suggest strength in buying, while higher volume on declines indicates selling pressure. Potential Targets Upside Targets: Breaking above $9.01 could push APT to $9.10 and then $9.35. Downside Targets: A fall below $8.56 could lead to $8.50 and further to $8.30 if bearish momentum builds. Summary APT/USDT is trading near its support at $8.56, with $9.01 as immediate resistance. Watching the 15-minute and 1-hour charts for moving average crossovers and volume trends can help confirm momentum. Place stops near key support levels to manage risk. {future}(APTUSDT) #APT💰智能多空策略 #APT_UPDATE #TetherAEDLaunch #USEquitiesRebound #loveBinance
$APT $APT $APT

💥 APT/USDT highlighting key levels and targets💥

Current Price and Volume Context

Current Price: $8.65, down 2.15%.
24h Range: High of $9.01 and low of $8.56, indicating immediate resistance near $9.01 and support around $8.56.

Volume: 24h volume for APT is 2.66 million APT and for USDT, 23.36 million, suggesting active trading interest.

Key Technical Levels

Support and Resistance:

Support Levels:

$8.56 is the key support from the 24h low. A break below this could target $8.50 and possibly $8.30 if selling pressure increases.

Resistance Levels:

$9.01 is the immediate resistance level. If APT breaks above this, it could aim for $9.10 and potentially $9.35 as the next resistance.

Moving Averages (MA):

MA (5): 140,154.33 and MA (10): 116,028.69.
If the 5-period MA crosses above the 10-period MA, it may signal short-term bullish momentum. A cross below could suggest continued bearish pressure.

Volume Analysis:

Volume spikes on upward price movement suggest strength in buying, while higher volume on declines indicates selling pressure.

Potential Targets

Upside Targets: Breaking above $9.01 could push APT to $9.10 and then $9.35.
Downside Targets: A fall below $8.56 could lead to $8.50 and further to $8.30 if bearish momentum builds.

Summary

APT/USDT is trading near its support at $8.56, with $9.01 as immediate resistance. Watching the 15-minute and 1-hour charts for moving average crossovers and volume trends can help confirm momentum. Place stops near key support levels to manage risk.

#APT💰智能多空策略 #APT_UPDATE #TetherAEDLaunch #USEquitiesRebound #loveBinance
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Bullish
#mememcoinseason2024 🥀*Matchain Airdrop Details*🥀 1. Token Symbol: MCH 2. Total Supply: 10,000,000,000 MCH 3. Airdrop Date: TBA (Check official channels) 4. Eligibility: Holders of specific cryptocurrencies (TBA) or completing tasks 5. Distribution: Proportional to holdings or task completion 6. Claim Method: Through Matchain's website or compatible wallets 🥀*Matchain Overview *🥀 1. Type: Blockchain-based gaming platform 2. Focus: Decentralized gaming ecosystem 3. Features: NFT marketplace, gaming tournaments, rewards *Stay Updated:* Follow me. $AAVE {future}(AAVEUSDT) #TetherAEDLaunch #meme_coin #writetoearn #loveBinance
#mememcoinseason2024

🥀*Matchain Airdrop Details*🥀

1. Token Symbol: MCH

2. Total Supply: 10,000,000,000 MCH

3. Airdrop Date: TBA (Check official channels)

4. Eligibility: Holders of specific cryptocurrencies (TBA) or completing tasks

5. Distribution: Proportional to holdings or task completion

6. Claim Method: Through Matchain's website or compatible wallets

🥀*Matchain Overview *🥀

1. Type: Blockchain-based gaming platform

2. Focus: Decentralized gaming ecosystem

3. Features: NFT marketplace, gaming tournaments, rewards

*Stay Updated:*

Follow me.
$AAVE
#TetherAEDLaunch #meme_coin #writetoearn #loveBinance
See original
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When the token we have experiences a downtrend...
Just enjoy a cup of coffee at night and relax..forget about today and look at a much better tomorrow..Good Evening Friends and Crypto Lovers..$BNB $SOL
#Write2Earn #loveSolana #loveBinance
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Hi, I'm Mujtaba from Pakistan I have five years of experience in crypto trading. I started off with some losses, but with time and experience, I managed to recover. Crypto is now my full-time job, and I don't want anyone to struggle like I did. If you need any help or guidance related to crypto, I'm here to assist you Binance make my life #Binanace #loveBinance #BinanceSquareFamily
Hi, I'm Mujtaba from Pakistan I have five years of experience in crypto trading. I started off with some losses, but with time and experience, I managed to recover. Crypto is now my full-time job, and I don't want anyone to struggle like I did. If you need any help or guidance related to crypto, I'm here to assist you
Binance make my life
#Binanace #loveBinance #BinanceSquareFamily
Reality Of Crypto Market . Personal Advice to People Who are in Loss and Beginner's . 1 Don't panic and Sell. 2 Never invest money that you need in upcoming years Invest your extra money even if you Loose ,Money that won't pinch your pocket n Heart 3 Long-term Investment Invest for Long Term you will surely get profit 4 Stake your funds you will get rewards. 5 Do your own study n research ,stay updated 6 Take Risk without taking Risk you can never become Rich 7 Beware of Social media influencers . they just want to use you to fill their pockets 8 Never invest in one coin Divide your portfolio 9 Trade on trusted exchanges like #Binanace 10 Patience is the only key to open door of Treasure Follow me for more Tips Free calls and free consultation Beware of Scammers. Never share your personal details and private keys #BinanceEarnProgram #BinanceTurns7 Thank you #BinanceTurns7 Binance for your great services and safest wallet in the world . With you From Last 5 Years or May be more. #loveBinance
Reality Of Crypto Market .

Personal Advice to People Who are in Loss and Beginner's .

1 Don't panic and Sell.
2 Never invest money that you need in upcoming years Invest your extra money even if you Loose ,Money that won't pinch your pocket n Heart
3 Long-term Investment Invest for Long Term you will surely get profit
4 Stake your funds you will get rewards.
5 Do your own study n research ,stay updated
6 Take Risk without taking Risk you can never become Rich
7 Beware of Social media influencers . they just want to use you to fill their pockets
8 Never invest in one coin Divide your portfolio
9 Trade on trusted exchanges like #Binanace
10 Patience is the only key to open door of Treasure

Follow me for more Tips Free calls and free consultation

Beware of Scammers.
Never share your personal details and private keys

#BinanceEarnProgram #BinanceTurns7
Thank you #BinanceTurns7 Binance for your great services and safest wallet in the world . With you From Last 5 Years or May be more. #loveBinance
Hi TRADER 👋 TODAY I share you a story . 💥The Story between me #NeverGiveUp and #Binance Since 2017, I say a poster Free 3 USDT 💰,So i click the banner and download the App(Binance) Install and signup open and get maybe 1USD anf 2USDT for Future trade🚀 Then the journey of Future Trade Begin 😅 Make lots of trade and i make profit 💥2 USDT to 17 USDT in a day💥 make profit but I am new in crypto likely make profit but how to withdraw on my FLAT I saw lots of video , I find a person he buy usdt to my FLAT , he tell me step by step how to sent and i get my own money . then 2 days later i create one more account and trade and again likely i'm in profit then continue trade , Then Introduce Lose profit and more. Me and my Friend #Binance journey Begin #loveBinance #FuturesTrading
Hi TRADER 👋

TODAY I share you a story .

💥The Story between me #NeverGiveUp and #Binance

Since 2017, I say a poster Free 3 USDT 💰,So i click the banner and download the App(Binance)

Install and signup open and get maybe 1USD anf 2USDT for Future trade🚀

Then the journey of Future Trade Begin 😅

Make lots of trade and i make profit 💥2 USDT to 17 USDT in a day💥

make profit but I am new in crypto likely make profit but how to withdraw on my FLAT

I saw lots of video , I find a person he buy usdt to my FLAT , he tell me step by step how to sent and i get my own money .

then 2 days later i create one more account and trade and again likely i'm in profit

then continue trade , Then Introduce Lose profit and more.

Me and my Friend #Binance journey Begin

#loveBinance #FuturesTrading
Secure your complimentary BTTC tokens as their value is currently on the rise. 🚀 The Binance red packet promotion, offering free BTTC coins, is concluding soon. Act swiftly to claim your tokens at no cost. Scan the QR code or utilize the provided code for a prompt redemption. Don't miss out! ⏳🔥 Red packet code: eacoP51x #RedPacketCampaign #loveBinance #BinanceSeasonOfGiving
Secure your complimentary BTTC tokens as their value is currently on the rise. 🚀 The Binance red packet promotion, offering free BTTC coins, is concluding soon. Act swiftly to claim your tokens at no cost.

Scan the QR code or utilize the provided code for a prompt redemption. Don't miss out! ⏳🔥

Red packet code: eacoP51x
#RedPacketCampaign #loveBinance #BinanceSeasonOfGiving
How to Transfer Money from Binance to Your Local Bank Account: A Step-by-Step Guide 👇✅ How to Transfer Money from Binance to Your Local Bank Account: A Step-by-Step Guide👇✅ Transferring funds from Binance to your local bank account is straightforward. Follow these steps to ensure a smooth and secure transaction: 1. Log in to Your Binance Account Start by opening the Binance app or visiting the Binance website. Enter your credentials to log into your account. 2. Navigate to Your Wallet Once logged in, go to the "Wallet" section and select "Fiat and Spot." This will display your available funds. 3. Convert Cryptocurrency to Fiat (if necessary) If your funds are in cryptocurrency, convert them to fiat currency (such as USD, EUR, etc.) before withdrawing. Go to the "Convert" feature and complete the $USDC conversion process. 4. Initiate a Withdrawal After converting your crypto to fiat, go back to the "Wallet" section, choose "Withdraw," and select the "Fiat" option. Choose "Bank Transfer" as your withdrawal method. 5. Enter Your Bank Account Details Carefully input your local bank account details. Double-check to ensure the accuracy of the information to avoid delays. 6. Review and Submit After reviewing your withdrawal request and confirming that all the details are correct, submit the request. Depending on your bank and region, funds may take a few hours to a few days to reflect in your account. Following these steps will ensure that your transfer from Binance to your local bank account is seamless and secure. Note: Be sure to familiarize yourself with any associated fees and withdrawal limits, as these may vary depending on your region and the currency used. #ScrollOnBinance #goodbinance #loveBinance $EUR

How to Transfer Money from Binance to Your Local Bank Account: A Step-by-Step Guide 👇✅

How to Transfer Money from Binance to Your Local Bank Account: A Step-by-Step Guide👇✅
Transferring funds from Binance to your local bank account is straightforward. Follow these steps to ensure a smooth and secure transaction:
1. Log in to Your Binance Account
Start by opening the Binance app or visiting the Binance website. Enter your credentials to log into your account.
2. Navigate to Your Wallet
Once logged in, go to the "Wallet" section and select "Fiat and Spot." This will display your available funds.
3. Convert Cryptocurrency to Fiat (if necessary)
If your funds are in cryptocurrency, convert them to fiat currency (such as USD, EUR, etc.) before withdrawing. Go to the "Convert" feature and complete the $USDC conversion process.
4. Initiate a Withdrawal
After converting your crypto to fiat, go back to the "Wallet" section, choose "Withdraw," and select the "Fiat" option. Choose "Bank Transfer" as your withdrawal method.
5. Enter Your Bank Account Details
Carefully input your local bank account details. Double-check to ensure the accuracy of the information to avoid delays.
6. Review and Submit
After reviewing your withdrawal request and confirming that all the details are correct, submit the request. Depending on your bank and region, funds may take a few hours to a few days to reflect in your account.
Following these steps will ensure that your transfer from Binance to your local bank account is seamless and secure.
Note: Be sure to familiarize yourself with any associated fees and withdrawal limits, as these may vary depending on your region and the currency used.
#ScrollOnBinance #goodbinance #loveBinance $EUR
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