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Quinn Angelia Pullens
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Chances to lose second time in a row are what? 25% + 2% (for the house)?
$SOL
๐ฅ
$ETH
๐ฅ
#funky_quinton_13
#BeginnerTrader
Quinn Angelia Pullens
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#funky_quinton_13
Closed $SOL trade earlier due to unexpected drop. Loss about 40c. $ 13.25 left. Unbelievable ๐๐ค
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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Quinn Angelia Pullens
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#quinn_tip do what institutions do on Fridays, take some profit at NY close today.
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$ALPACA Look at volume. A lot of buying in 0.1-0.12 zone. If it jumps up of 200-day MA it is going to be huge. But this is longer-term game. Not a financial advice. It may also touch 0.12 again, may or may not we never know.
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As usual, portfolio management tools provided by the platform are quite misleading. And reason for this, they are aimed at making us feel good (even when we are in loss), not at helping us make money. There are alternative tools even in Binance app, e.g. Trading Insights. Bottomline, if you are serious about making money here, find a good tool for portfolio management. Currently around 50% of my holdings are top-10 coins. Rest is various alts, memes and sh!ts. Which of course is hard to assess using built-in tools ๐. PNL trend shows that Iโm still around breakeven. Those top-10 are compensating losses in alts. What would I do differently if I start over again? Provably the same. Iโd still hold 50-60% in top ten. Iโd be more selective about alts. Iโd diversify less. Iโd take profit more frequently. And hope that alt-part will outperform top-10 shortly, at which point they will need to be sold ๐ #quinn_tips $ETH $BTC $SOL #ETH๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ #BeginnerTrader
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โจHow to trade at 8:30 AM NY time We know that crypto market is open 24/7. What we donโt know, ot just decide to ignore, is that institutional traders work on schedule. What was the meaning of large red candles yesterday at 8.30 AM NY? These were just large pending orders from previous day or from pre-trading hours. Since they were executed all in bulk during short period of time after 8:30, other market participants didnโt have chance to stabilize price quickly. But price stabilized later during next few hours. How do we trade market open? Iโd say, in most cases, donโt trade market open. Give it a chance to cool off sometime between 30 and 90 minutes. $ETH $BTC $BNB #quinn_tips
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