LIVE1realbaronn
@Square-Creator-48ee50944
A #1 Crypto-maniac šŖš° in the cryptocurrency world š. A futures trader and investor in ALT coins.
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This is a must-know, must -focus articleš for new retail traders who are š¤ thinking about trying to trade futuresšš and think it's a get rich š°šµquick scheme.
#write2earn #binancefutures
#write2earn #binancefutures
LIVEBtctokyo
--
Bullish
DON'T TRY FUTURES TRADING
95% of people who have tried trading Futures have lost their money. It's a very bad idea. Don't try trading when you're not a trader, and don't think you're a trader just because you've made money investing in cryptos. People study for years to become traders: it's not for nothing, and if it were so easy, believe me, Futures wouldn't exist, simply because crypto exchanges would lose their money.
If you've made money in Futures trading for a few days, well done to you. However, this does not mean you're a trader. Being a trader means having a consistent, reasonable return that you can manage in the long term. If you can be profitable for 6 months in the crypto market without losing a significant portion of your capital (no more than 20%), then you can consider yourself good at trading. Without that, there's no point in posting screenshots of your trading gains when in the following trades you burn all your capital.
The Futures market is there to make you lose, and leverage accelerates this. Market makers are paid to make you lose your money by pushing the market in the opposite direction, and you, with your few thousand dollars, think you can beat an institution that has hundreds of millions of dollars? You're dreaming.
If you want to get into trading, know that it's possible, and some people make money from it: but it's a very long process that takes several years. Practice trading on demo accounts, set yourself a trading plan, learn how markets work, and maybe in a few years, you'll be profitable in the long run.
Before you've done that, don't even think about it. Forget about Futures if you're new to the crypto market.
Hoping that some will understand this and apply these tips.
This publication is my own opinion.
Thank you for reading.
If you liked it, don't hesitate to like, comment, share this post, and above all, subscribe, it helps me a lot. You can also tip me to support me financially, as it's my only way of being rewarded for teaching you as much as possible about the crypto market.
Livio P-V.
#Write2Earnā¬ #HotTrends #BTC
95% of people who have tried trading Futures have lost their money. It's a very bad idea. Don't try trading when you're not a trader, and don't think you're a trader just because you've made money investing in cryptos. People study for years to become traders: it's not for nothing, and if it were so easy, believe me, Futures wouldn't exist, simply because crypto exchanges would lose their money.
If you've made money in Futures trading for a few days, well done to you. However, this does not mean you're a trader. Being a trader means having a consistent, reasonable return that you can manage in the long term. If you can be profitable for 6 months in the crypto market without losing a significant portion of your capital (no more than 20%), then you can consider yourself good at trading. Without that, there's no point in posting screenshots of your trading gains when in the following trades you burn all your capital.
The Futures market is there to make you lose, and leverage accelerates this. Market makers are paid to make you lose your money by pushing the market in the opposite direction, and you, with your few thousand dollars, think you can beat an institution that has hundreds of millions of dollars? You're dreaming.
If you want to get into trading, know that it's possible, and some people make money from it: but it's a very long process that takes several years. Practice trading on demo accounts, set yourself a trading plan, learn how markets work, and maybe in a few years, you'll be profitable in the long run.
Before you've done that, don't even think about it. Forget about Futures if you're new to the crypto market.
Hoping that some will understand this and apply these tips.
This publication is my own opinion.
Thank you for reading.
If you liked it, don't hesitate to like, comment, share this post, and above all, subscribe, it helps me a lot. You can also tip me to support me financially, as it's my only way of being rewarded for teaching you as much as possible about the crypto market.
Livio P-V.
#Write2Earnā¬ #HotTrends #BTC
Has anyone got their eyes on in the last 2 days it š„ booming about 14.9% . personally I'm hoon to my long position till it hits 0.49 expectations.
A possible post on stablecoin StablecoinsšŖ
Stablecoins are a type of cryptocurrency that aim to maintain a stable value relative to another asset, such as a fiat currency, a commodity, or another cryptocurrency. Stablecoins are designed to overcome the high volatility of most cryptocurrencies, which makes them less suitable for everyday transactions and payments. Stablecoins can also offer some advantages over traditional payment systems, such as faster settlement, lower fees, and global accessibility.There are three main types of stable
$ID is recently bearish š»š, give most trader in the long positions headache š.
Nevertheless, let's keep fingers š¤ crossed, I personally would keep my position open š #Write2Earn #id
Nevertheless, let's keep fingers š¤ crossed, I personally would keep my position open š #Write2Earn #id
I can try to write a short article about stop loss in trading, but please note that this is not professional advice and you should do your own research before making any trading decisions.
Stop Loss in Trading: What It Is and How to Use It
Trading can be a rewarding but risky activity. One of the most important skills that traders need to develop is how to manage their risk and limit their losses. One of the tools that can help traders achieve this goal is the stop-loss order.
What Is a Stop-Loss Order?
A stop-loss order is an order that instructs your broker to automatically close your position if the price of the security you are trading reaches a certain level. This level is called the stop price and it is usually set below the entry price for a long position or above the entry price for a short position.
The purpose of a stop-loss order is to protect you from losing more than you are willing to risk on a trade. For example, if you buy a stock at $50 and set a stop-loss order at $45, you are limiting your potential loss to $5 per share or 10% of your investment. If the stock drops to $45 or lower, your stop-loss order will be triggered and your position will be closed at the best available price.
Types of Stop-Loss Orders
There are two main types of stop-loss orders: market and limit. A market stop-loss order becomes a market order to sell or buy once the stop price is reached. This means that your position will be closed at whatever price the market is offering at that moment. A market stop-loss order guarantees that your order will be executed, but not necessarily at your desired price.
A limit stop-loss order becomes a limit order to sell or buy once the stop price is reached. This means that your position will be closed only if the market price matches or is better than your limit price. A limit stop-loss order gives you more control over the price at which you exit your position, but it does not guarantee that your order will be executed.
#CryptoTrading" $BTC $BNB $SOL
Stop Loss in Trading: What It Is and How to Use It
Trading can be a rewarding but risky activity. One of the most important skills that traders need to develop is how to manage their risk and limit their losses. One of the tools that can help traders achieve this goal is the stop-loss order.
What Is a Stop-Loss Order?
A stop-loss order is an order that instructs your broker to automatically close your position if the price of the security you are trading reaches a certain level. This level is called the stop price and it is usually set below the entry price for a long position or above the entry price for a short position.
The purpose of a stop-loss order is to protect you from losing more than you are willing to risk on a trade. For example, if you buy a stock at $50 and set a stop-loss order at $45, you are limiting your potential loss to $5 per share or 10% of your investment. If the stock drops to $45 or lower, your stop-loss order will be triggered and your position will be closed at the best available price.
Types of Stop-Loss Orders
There are two main types of stop-loss orders: market and limit. A market stop-loss order becomes a market order to sell or buy once the stop price is reached. This means that your position will be closed at whatever price the market is offering at that moment. A market stop-loss order guarantees that your order will be executed, but not necessarily at your desired price.
A limit stop-loss order becomes a limit order to sell or buy once the stop price is reached. This means that your position will be closed only if the market price matches or is better than your limit price. A limit stop-loss order gives you more control over the price at which you exit your position, but it does not guarantee that your order will be executed.
#CryptoTrading" $BTC $BNB $SOL
Important terms in the crypto industry.
šŖš°Cryptocurrency is digital money based on a special digital software code.šŖāAltcoins (alternative coin) are absolutely all cryptocurrencies except Bitcoin, i.e. all those that appeared after its creation.šµFiat (from the Latin "fiat" - let it be) - this is the name of currencies (dollar, pound etc), which are issued by the state and are not backed by gold or other physical commodity.š„š©šŖšØBlockchain - technology organizing a database consisting of a chain of blocks arranged according to ce
Title: The Art of Trading: Navigating the Financial Markets.
Introduction:Trading in the financial markets is an exhilarating journey that offers both potential rewards and risks. Whether you are a seasoned trader or just starting your trading adventure, understanding the principles and strategies behind successful trading is essential. In this post, we will explore the art of trading and provide insights to help you navigate the financial markets effectively.1. Educate Yourself:Before diving into trading, it is vital to educate yourself about the differe
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