Reflections of an Amateur Trader: Insights from Over 10 Years of Trading Experience
Trading in the cryptocurrency market can be an exhilarating but challenging endeavor. As an amateur trader who has spent more than a decade navigating the world of trading on Binance, I have gained valuable insights and learned important lessons along the way. In this article, I will share a summary of key points that have shaped my trading journey and can potentially benefit other traders.
Emotional Trading: A Warning Sign
One of the most crucial lessons I've learned is to avoid emotional tr
The essence of trading is to make money, and the essence of making money is to constantly look for a high probability event and take advantage of it.
How to get high probability event?
1. Constantly sum up experience.
2. When you find an event that you think is a high probability, please look up the history and verify it.
I am very satisfied with the profit of the last 90 days, although some gamblers may disdain such results. Follow me, I will share how to analyze the market.
Exploring AI Trading: How Artificial Intelligence is Changing Financial Markets
Financial markets have always been an area full of challenges and opportunities, and in recent years, artificial intelligence (AI) has begun to revolutionize the industry. As one of the important areas, AI trading has become a key tool for financial institutions and traders. This article will delve into the core concepts, key components, high-frequency trading, regulation and compliance of AI trading, as well as its advantages and challenges.
AI-Powered Trading Signals: A Handy Trader's Tool, a Panacea, or a Powder Keg?
In the ever-evolving landscape of financial markets, technology continues to reshape the way traders approach investments. Among the most significant innovations is the emergence of AI-powered trading signals, which have garnered immense attention from both novice and seasoned traders alike. These sophisticated algorithms analyze vast amounts of market data and historical trends, aiming to provide actionable insights and potentially boost trading performance.
Take a light position and increase your position when you lose money. If you make a profit, you will close the position. Perhaps this is the best way. The so-called avenue to simplicity. This is the easiest money management method I have ever seen, and he has indeed achieved a profit of more than 500% in recent years. Don't rush to refute, because your light position may already be a heavy position in the definition of others.
Keep an eye on $BURGER /USDT If price reclaim the range low then possible targets and invalidation point mention in the chart simple range play, so keep an eye on these levels!!! Did you find this crypto market analysis helpful? Stay updated about the latest crypto market update. Please continue to follow my analysis and feel free to ask any queries, you may have. I am here to assist you.
This is my opinion regarding the BNB coin, the price tends to fall and has not shown a definite increase yet. My prediction is that BNB coin will test the nearest support in the 280-285 range, if the support is broken it will test strong support at 260-265. DYOR
#BTC A Possible Bullish Wave Price completed a small triangle pattern after 10 days in correction. We can see that the price broke out from the pattern and it seems that it can grow further during the coming days. A strong resistance will be found near 28.6K which can push the price down again. Thank you and Good Luck!
Michael Saylor says ‘all big banks’ will one day custody Bitcoin
As Bitcoin (BTC) becomes increasingly popular among investors around the world, MicroStrategy co-founder and executive chairman Michael Saylor has pointed out the problems with self-custody and expressed his belief that there will come a time when all the major banks will offer Bitcoin custody services.
Indeed, Saylor explained that if Bitcoin was to become the solution for everyone on the planet, then it was inevitable that banks, corporations, governments, and non-profits all need Bitcoin, as
The king coin’s price has long-term potential of reaching its peak again. But it depends on a number of factors.
BTC may have approached the beginning of a bullish run.
The coin circulation rests in an extremely low region.
Bitcoin’s [BTC] failure to recover from its recent decline could be something that long-term investors may not necessarily need to worry about, based on signals from the Pi Cycle Top indicator.
Historically, the indicator has been instrumental in picking out market cycle
XRP Price Prediction as Ripple CEO Says Crypto Firms May Leave US Amid Confusing Rules – Latest
The XRP price has risen by 3.5% in the past 24 hours, with its climb to $0.463353 representing an 8% gain in the last seven days.
Its current price means it has dropped by 11% in a month but increased by 36% since the beginning of the year, with this appreciation coming as the market awaits the conclusion of Ripple's case with the SEC.
It also comes just as Ripple CEO Brad Garlinghouse has suggested in an interview that cryptocurrency firms may leave the US, which in his view currently suffers