I Made 5.2k$ This Week by Trading on Binance Futures🥶 Here are Some Risk Management Advices For Beginners👇 1. Money Management: Implement techniques to limit downside risk while increasing potential rewards. This includes setting position sizes, diversifying your portfolio, and defining risk tolerance. 2. Take-Profit and Stop-Loss Orders: Use these tools to set profit targets and limit potential losses. A stop-loss order automatically sells your position if the price reaches a specified level, preventing further losses. 3. Emotional Discipline: Keep emotions in check while trading. Fear and greed can lead to impulsive decisions. Stick to your trading plan and avoid emotional reactions to market fluctuations. 4. Create a Trading Plan: Develop a well-defined plan that outlines your entry and exit points, risk tolerance, and overall strategy. Stick to it consistently. 5. Avoid Overtrading: Trading excessively can lead to poor decision-making. Focus on quality trades rather than quantity. 6. Understand Risk-to-Reward: Evaluate potential gains against potential losses. Aim for a favorable risk-to-reward ratio in each trade
COMP/USDT 🟩LONG $COMP COMP 47.79 -0.78% LEVERAGE 20X MARGIN 5% ENTRY LIMIT LONG- 45.20$ DCA -42.40 TARGETS 🎯 46$ 47$ 48$ 50$ 52$ 54$ Stop loss - 41.30 SL is a safeguard to your entry - Reasoning - Golden Ratio Of Fibnocci at 45$ of 66% and 78% ratio at 42$ these both are fresh and good to get the market in bullish structure. 2-Accumulation Zone Since 2 months which was lost and again gained - 3-Good Reward Ratio 2.52 #comp #BinanceSquareFamily #Write2Earn! #AirdropGuide
COMP/USDT 🟩LONG $COMP COMP 47.79 -0.78% LEVERAGE 20X MARGIN 5% ENTRY LIMIT LONG- 45.20$ DCA -42.40 TARGETS 🎯 46$ 47$ 48$ 50$ 52$ 54$ Stop loss - 41.30 SL is a safeguard to your entry - Reasoning - Golden Ratio Of Fibnocci at 45$ of 66% and 78% ratio at 42$ these both are fresh and good to get the market in bullish structure. 2-Accumulation Zone Since 2 months which was lost and again gained - 3-Good Reward Ratio 2.52 #comp #BinanceSquareFamily #Write2Earn! #AirdropGuide
Why am I with profit when many are being liquidated every day? My strategy is simple: 1. Spot Trading 2. HODL HODL HODL Because I don't expect to become a millionaire in 24h. Because I can afford to hold my portfolio and not depend on it for living. And above all, because I'm not new to crypto.
Entry now✅ 🀄️NEAR/USDT🀄️$NEAR 🔴 SELL/SHORT:-4.627 LEVERAGE -10x(isolated) TP - 4.378 Stop loss:- 4.757 ‼️please use 5% on your capital.don’t use strong capital
one thing I'm telling you is that if you want to invest in shib it's better to invest in #PiNetwork coz both have unlimited supply and have unpredictable anonymous 🤣🤣🤣🤣
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There are thousands of cryptocurrencies in existence, so it can be overwhelming to know where to begin if you want to take advantage of their volatility and get involved in trading. But crypto trading shouldn’t be considered an easy way to get rich quickly – you need to know your stuff so we’re here to give you a quick overview of the basics to consider before you start. DYOR - Do your own research The number 1 rule of all crypto trading is to do your research. Each cryptocurrency has its featur
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