Stop loss isn't a safe way for risk management. After setting a stop loss, traders think they've secured their trade and capital, but it's a myth. The market intentionally hits your stop loss through: - Fake breakout - Liquidity grab zone - Liquidation - Sentiment of market - CPI data, PPI data, FOMC meetings
Pro traders don't use stop loss; they rely on TA, analyzing with confidence. They DCA, hedge, and make trades profitable.
Analyze market: - Technical analysis - Fundamental analysis - Sentiment of market - 500 index, 200 index - Dollar market
If you have $100-$200 and are sitting in a spot, there's a way to make $20-$30-$50 daily from Binance. Let me explain.
First, do masters in candlestick patterns and chart patterns. Candles indicate market trend changes, and chart patterns are crucial in technical analysis.
Research MAs, EMAs, BOLL, Volume, BID, order blocks, RSI, etc.
Do fundamental analysis – understand coins like Binance's BNB (no need to explain, everyone knows). Research top 100-200 coins/tokens, know their purpose, background.
Understand market sentiment – like war news impacts buyers, FOMC meetings, rate cuts, CPI, PPI data, indexes, etc. Crypto dumps/pumps based on financial news.
🚨Alert everyone,🚨 I'm going to tell you the current market condition, read it carefully and keep it in mind. What I'll say is 100% accurate.
Bitcoin is currently trading in a zone where you can get trapped. I'll explain technically. We always analyze the market on a bigger timeframe. On the monthly timeframe, there's a big gap between Bitcoin and the 50 MA. Whenever there's a gap between Bitcoin's price and the 50 MA, the price always touches it. This is a technical fact.
Bitcoin has been making a strong support level for 8 months. On the weekly timeframe, there's a 20 EMA, and on the daily timeframe, there's a 100 EMA. The monthly candle is about to close, and the new candle will trap you. This is the 2nd liquidity grab zone. In a few days, the price will hit $85,000-$88,000, and FOMO will be 100%. But that's the biggest game – you'll think BTC will go up, but that's where it'll grab support and head to 50 MA, which is a major support at $60,000.
This will happen in a few days or 1-2 weeks. I'm sharing this from my 17 years of personal experience. This will be on record, and it's 100% accurate. So stay alert and trade with your eyes open. Thank you DYOR.
Today I got a notification from Binance saying to create a chatroom on Binance. So do my followers want me to create this chatroom? If you guys reply yes or no, then I can think about it.
'If you have $100 and are sitting in spot, there is a way to make a daily profit of $10-$20 on Binance. How the market performs,and
how you'll know when to take a trade and when the market will give profit, there are a few things you'll need to do. First,
you need to understand candlestick patterns and chart patterns, how they work. Which candle forms at the bottom indicates a market trend reversal, when the market gets a boost,
momentum, and volume. These candlestick and chart patterns will tell you. Secondly, keep an eye on the USA and UK markets when they open, whether they've opened positive or negative. 40% of the market is driven by candlestick and chart patterns, 40% by fundamentals, and 20% by sentiment, meaning news impacts the market.
Set your goals, set daily profit and loss targets. Because you can't succeed in the market until you can book losses and bear them. Lower your FOMO level and greed level, because until your emotions are under control, you can't be successful in trading. There's no way in the world that'll make you rich overnight and fulfill all your dreams; hard work, brain, and time investment are necessary.
BTC is #1 from 2009 to 2026? BTC was created by Satoshi naka Moto, and no one has found him yet.
After it became a digital currency, many scammers, thieves, and fraudsters became active in the market.
They started creating their own cryptocurrencies, but
BTC is still #1. The main reason is its ecosystem, blockchain technology, fundamentals, and technicals. All these things are decentralized and built with good intentions
The rest is all lies. So, open your eyes and trade wisely, and invest in the currency that has all these things. Hope you understand my hint and message (DYOR).
How I earned $120,000 in 6 months from Binance earnings.
I'm sharing 5 secrets with you
1. I did a 1-year course on candlestick patterns and chart patterns, which really helped me.
2. I traded in spot with a big margin, which led to profit.
3. I also traded in futures, managed my risk, and had funds for DCA. I had to hedge at several stages, which was possible because I had a lot of funds.
4. I kept a close eye on market sentiment, which is crucial nowadays, especially with wars and sentiment analysis.
5. Last and most important, I set a daily target and booked profit/loss. I closed the day after meeting my target.
I earned $50,000 in 30 days from events trading on Binance. Events trading allows you to earn daily. I earned $50,000 in 30 days trading on events. You can take trades on 10MIN, 30MIN, 1hr, 1D timeframes. To earn you need to understand candlestick patterns and chart patterns. Having funds is crucial. You can take up to 12 trades in 12 hours. If you have experience in prediction and analysis, and 7 out of 12 trades are successful, you can make good money in 30 days.
This is not financial advice, do your own research
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