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Crypto Analysis10
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$TRADOOR
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Crypto Analysis10
@Spot_Trading_Garu
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You must take out 5 minutes and read this once. I hope we all make these mistakes every day and lose a lot of our money 1. Risk Management This is the most crucial principle. If you don't protect your Capital, you won't be able to trade. 1% Rule: Never risk more than 1% of your total account on any single trade. For example, if you have $1,000, do not plan to endure a loss of more than $10 in one trade. Use Stop-Loss: Always set your Stop-Loss (loss limit) before entering a trade. This is an automatic limit that closes your trade when the price reaches a specific level to prevent major losses. Risk-to-Reward Ratio: In every trade, determine how much you are risking versus how much you can potentially earn. Try to maintain a minimum ratio of 1:2 (i.e.aiming to earn $2 for every $1 risked). 2. Education and Strategy Trading is not a game of guesswork it is a skill.Learn First, Then Earn Thoroughly understand how the Market works, Technical Analysis,and Fundamental Analysis. Plan Your Trade Create a clear Strategy outlining when you will enter a trade, when you will exit, and how much risk you will take. Stick strictly to this plan Backtesting Before using any strategy with real money, test it on historical data (Backtesting) to gauge its performance 3. Psychology and Discipline Your psychology plays a key role in your success or failure.Control Emotions Greed and Fear are the biggest enemies of trading. Avoid Revenge Trading (trying to instantly recover a loss) after taking a hit.Avoid Overtrading Do not place too many trades, as this increases your Commissions/Fees and the likelihood of mistakes.Only trade on the best opportunities.Treat Trading as a Business View it as a serious business, not Gambling, where Losses are also a part of doing business. Invest Small Capital When you start real trading,only invest money that you can afford to lose.This is called "Risk Capital.Use Leverage Wisely Leverage can magnify your profits, but it also increases losses. New traders must use it with extreme caution. #BinanceAlphaAlert #Market_Update #WriteToEarnUpgrade
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Today I Receive "Show Your Live Feature Power" Reward 😊 Thank you Binance Check your account : : #binancerewards #LiveFeaturepower #ThankYouBinance #Achievement #CryptoWins
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$BTC - Critical Levels Mapped! I've drawn my key support and resistance lines on the 4h chart. 📌 Key Takeaways Solid Support: The low at $80,600 has held up well. CRITICAL BREAKOUT: We have successfully crossed the key resistance zone around $93,820. This level now acts as new Support. Target: If $93,820 holds, the next major target is the $96,993 to $98,000 zone. Bullish momentum is strong, but expect heavy resistance there! Remember: Trade Safe and DYOR (Do Your Own Research)! #TechnicalAnalysis
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"Has $BTC entered the Buying Zone? I drew this line a few days ago. Should I buy BTC at this time, or please give your opinion." : : : #BinanceBlockchainWeek #BTCRebound90kNext? #WriteToEarnUpgrade #BTC86kJPShock #CryptoIn401k
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"If $PIEVERSE goes above the green line, the expectation is that it will reach 0.62 or 0.72." : : : #MarketUpdate #bitcoin #TechnicalAnalysis #CryptoCommunity #cryptotrading
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