I also made a similar mistake, thinking it was a struggle but it was actually a struggle to just leave.
Huy Swan
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As of today, it has been 34 days of eating and sleeping with Binance since I learned about the platform until now. Many sleepless nights and days of burning my account down to a few cents, but I still can't give up on futures. Occasionally, I will share my experiences through my failures. Failure on December 17 and 18: FOMO mentality! Whether winning or losing, you must always maintain your trading principles. For me, I only trade 3 coins that I stick to, which are $BNB BTC and ETH, and only invest "1/3 of the initial amount" with "leverage x5 or lower." But on that day, I hurriedly entered a long position for LINK at a price that had dropped from 30 to 27 with leverage x25, and a long position for BTC at a price of 106 that was going down. I continuously added more money until I burned the position. The result for both days was that I lost 140 dollars (completely wiped out both the principal and the profit). After that day, I realized 3 things I need to do: 1. Do not go long when the price is rising, and do not short when the price is falling. If you miss the wave, let it go. 2. Low leverage is the key to controlling risk. Be ready to cut losses when ROI is negative by more than 20%-30% (not always holding on to losses is good). Cut losses and patiently wait for the next wave. 3. If you want to follow a new coin, analyze the liquidity zones and the trend of the coin carefully using monthly or weekly charts. Wishing everyone a successful trading week.
open it to manipulate according to its village pond
Bi Cįŗ§n ThĘ”
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The Ministry of Planning and Investment will test a "digital exchange"!
In the draft resolution presented to the National Assembly, the Ministry of Planning & Investment emphasized the application of sandbox policies to support business models that apply technology in the financial sector (fintech).
The Financial Center Management Committee will be granted the authority to license, supervise, assess impacts, and manage risks of experimental activities related to digital asset exchanges and cryptocurrencies.
The future of trading on state exchanges awaits, everyone šš
I bought Link, wld, dot, when should I take profit?
F0 GAME ALERTS
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Good news for e Tran Ha Linh here:))š¹š¹š¹š¹ $LINK is the project chosen by whales to invest in at the beginning of the new year šššš
In the last 12 hours, 11 new wallet addresses have purchased a total of 241K $LINK (~4.92 million USD) from Binance.
So far, these whales have accumulated a total of 635K $LINK (13.83 million USD) at an average price of $21.76.
$LINK is the project that whales have chosen to invest in at the beginning of the new year šššš In the last 12 hours, 11 new wallet addresses have purchased a total of 241K $$LINK (~4.92 million USD) from Binance. So far, these whales have accumulated a total of 635K $LINK
but how to set STP and quantity like that, doctor?
Nick VaLe
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Bullish
The experience of trading in futures contracts is to choose a coin with stable fluctuations within a certain price range. The best time to enter an order is from 1 AM to 4 AM. Use a maximum leverage of 5X and only match a maximum of 3 manual orders and 5 locked price orders. The verification effectiveness is very high. I have made profits from this strategy for the BTC/USDT pair.$BTC
Hi all.. I want to share my experience of trading futures for 1 year. When I first started working in a company, because I was fired, I finally decided to trade for life, like working in a real company..
Time Frame 15 minutes
Trading Indicators: EMA 9 + EMA 26 + EMA 50 & MACD
Entry requirements Entry Buy: EMA 9 crossing EMA 26 & EMA 50 is below the candle + MACD is below the green line
Entry Sell: EMA 9 crossing EMA 26 & EMA 50 is above the candle + MACD is above the red line
The most important advice for trading:
1. Don't be fomo about trading signals given by other people, because you are the one who determines your money and think of it as if we were working in reality
2. Don't be greedy for profit, take enough to live daily
3. Be patient in looking for coins that meet the requirements for entry
4. Determine a daily profit target, for example $15 per day divided by 3x trading a day. $15:3 = $5 profit for 1x trading time
5. Must Put Stop loss above line EMA 50 & put take profit..
6. Future must Isolate don't choose crossing , Leverage x5,x10 max x20
The market won't go anywhere so learn to be patient in looking for coins & entries
Because we ourselves determine our life goals, don't depend on others..
Price prediction until 20/01/2024 depends on many market factors. However, an analysis can be made based on the current chart and technical factors: ---
Price Prediction Analysis
1. Current Trend:
Price is in a strong uptrend with the support of EMA and MACD lines. If this trend continues and there is no major correction, the price may rise to the next resistance levels.
2. Potential Resistance Levels:
Near Resistance: 108,353.
If broken, the next resistance may be in the 120,000 - 130,000 USDT area (based on the previous price trend and the slope of the upward momentum).
3. Important Support Levels:
Strong Support Zone: 78,941.95. If the price fails to hold this level, the uptrend may be broken and the price may return to a lower zone.
4. RSI Analysis:
The RSI is currently in the overbought zone (>70). If the price does not correct, it may extend the uptrend, but the risk of a correction is also greater.
5. Trading Volume:
If the trading volume continues to remain high, the uptrend is likely to continue. If the volume decreases, the price may move sideways or correct.
---
Price Prediction (Possible Scenario):
Positive Case: The price may reach 120,000 - 130,000 USDT if the strong uptrend continues.
Slight Correction Case: The price fluctuates between 90,000 - 100,000 USDT before recovering.
Worse case: If the market falls sharply, the price may return to support at the 78,000 - 80,000 USDT zone.
Important Note: The cryptocurrency market is extremely volatile. This prediction is for reference only and should be combined with market news, investor sentiment and macroeconomic factors.