luminiq

Many have heard that trend determination is based on such an indicator as the updating of extremes, that is, updating lows when the trend is downwards and updating highs when the trend is upwards. But how do you understand where these extremes are?
The MACD indicator will help here.
To do this, select any timeframe and draw rectangles opposite the red or green bars of the MACD indicator as shown in the picture. If the lows in these rectangles are updated, then the trend in this timeframe is downwards. If the highs are updated, then the trend is upwards.

Surely you have heard that capital management is more important in trading than studying technical analysis or watching the news..., as it determines whether you will ultimately be in profit or just waste time and invested funds.
So how can you learn to manage it?
Here’s a simple way:

The question that arises for the layman is "Why? Why not just set a stop?" But it's not that simple... The question is not only about psychology but also about capital management. And proper capital management is the key to trading profitably.
Perhaps, in life, this can be compared to accounting. And although you can trade without it, still...

Training on Binance (old school), successful traders on platforms, indicators, news... Who to listen to in order to earn?
To answer this question, let's dive deeper into each of the options... But first, I'll send you the main idea - in this 'casino' you do not spin the roulette, but play poker at a table against other players!

I will clarify right away that the hedging strategy should only be used in this context, namely: when you enter a long position of, for example, $50 (100%) and the price goes against you, you need to enter a short position for 50% of the spot amount (i.e., $25). In this case, if the price goes against you, you reduce your loss by half. Hold the position until it returns to the entry price in the short position. When it returns to the initial price, although you will not gain that 50%, you will still avoid the main reason for using hedging - liquidation! Upon returning to the initial price, it is necessary to close the long position and hedge the short position for 50% of the amount (in this case, it is $12.5). This way, the problem of loss is addressed, not profit! And hedging is not about profit. You are simply wasting time. But time is the main resource for experienced traders; for a novice, however, the loss of time is just experience. Therefore, use hedging in cases where you are not ready to part with the amount, and your trading strategy is mistaken.

And yes, there is a difference between spot trading and futures trading, and it's not just about leverage. Spot trading can be more related to investing and long-term (similar to buying real estate). By the way, real estate also decreases in value sometimes... And if real estate can be rented out, then spot can be deposited in Earn for interest. Futures are traded short-term, ideally up to 5 months when entering a trade and 1 hour when analyzing the trend.

In addition to the fact that this indicator is set by default in the mobile trading platform of Binance, as well as the easy and effortless identification of highs and lows (though only in historical data), it can still be used to determine the strength of a particular movement here and now. How? This indicator does a good job of showing divergence (an example is shown in the picture). When this indicator goes down while the price goes up, it means there is buying strength, and the coin is likely to continue its rise for some time...

I believe that everyone before diving into this kitchen should understand the basics of how the market works. How does it operate?
Price movement on the chart goes through 3 main stages:
1. Accumulation
2. Manipulation (including false breakout)
3. Distribution
So in our case, accumulation will be the price movement upwards (essentially the buying of the coin)

What to do... when you have entered a trade... and even successfully, but the question of when to exit is unclear? When to close an already successful trade with maximum profit? The RSI indicator will help here, but not for its direct purpose...
To do this, we draw a trend line on the chart and the same one on the RSI indicator. An example of entering a trade is shown, and you can see the difference between the trend line on the chart and on the RSI. The signal from the RSI about the end of the movement comes much earlier!

Everyone has probably encountered an indicator like MACD. Watched tutorial videos, read articles. In short, everyone who uses this indicator has their own strategy; I have one too, and it's quite complex. But generally, for any trader not trading based on a strategy with the MACD indicator, it will be useful to use it when trading futures in the following way: 1. on the 1-minute timeframe, never go short when it is red. 2. on the 1-minute timeframe, never go long when it is green. These 2 simple rules have saved me a ton of money. Share your thoughts on your strategy or rules with this indicator; I would be curious to hear...