learn😎 a lie is the simulator mode, I am still practicing reading graphs and for now pure successes💪 I hope my theory doesn't fail me when I do it for real, in the meantime keep saving and polishing📝👌
📝Reminder if you traded futures or operated on Binance don't forget to claim and spin the Monthly Missions roulette, you could win some extra money, in my case, I didn't claim them for some reason 📝 #MisionesBinance
📝 Reminder, if you sent money via Binance to other Binance users, don't forget to claim your red envelope that contains 1.5 LINEA, which is 0.1 cent of a dollar🙈 #BinanceBlockchainWeek #BTC86kJPShock
I am trying to learn how to read graphs. I have many details to refine, but by reading graphs and with the demo option, I believe I will be able to learn well 🙌 what advice do you give me? 🫵
Level Unlocked: 100K Strong! 🚀 They say the trend is your friend, but I believe community is the greatest asset. Today, we hit a massive milestone: 100,000 followers! This journey has been about consistency, learning, and adding value to the market. Reaching this mark is a testament to the incredible support and energy you all bring to this channel every single day. Thank you for investing your time and trust in my content. This is just the beginning. I’m more committed than ever to bringing you deeper insights, better analysis, and valuable content as we navigate the crypto market together. Let's keep the momentum going! 📈 Cheers, Ceros 612 #Binance #BinanceSquare #Write2Earn #Milestone #TradingTales
Level Unlocked: 100K Strong! 🚀 They say the trend is your friend, but I believe community is the greatest asset. Today, we hit a massive milestone: 100,000 followers! This journey has been about consistency, learning, and adding value to the market. Reaching this mark is a testament to the incredible support and energy you all bring to this channel every single day. Thank you for investing your time and trust in my content. This is just the beginning. I’m more committed than ever to bringing you deeper insights, better analysis, and valuable content as we navigate the crypto market together. Let's keep the momentum going! 📈 Cheers, Ceros 612 #Binance #BinanceSquare #Write2Earn #Milestone #TradingTales
My Experience and Rookie Mistakes in Futures Trading
I want to share my initial experience in the world of trading, specifically in futures. I started with my first 6 USDT in profit without having the slightest knowledge of how the market worked. I never traded with large sums; I always used only 1 USDT or my own profits to trade. The big problem was my inexperience: 1-I didn't know how to read charts.
2-I didn't understand the risks: I was getting into 50x or 20x leverage risking that dollar, without understanding that liquidation was imminent.
3-Euphoria Dominated Me: Seeing that I made up to 15 USDT in a single day, I wanted more and more. This led me to neglect the basic rules and, worst of all, not to use Stop Loss. Every time I lost, I lost the whole dollar.
The critical moment came: I lost a dollar and, wanting to recover it immediately, I put in another... and lost it instantly. I started trading impulsively, without analyzing charts, which led me to lose all of my 15 USDT. Although it is a minimal gain, it was all my operating capital. I share this experience so that other rookies like me do not make the same mistakes:
The Recovery Mistake: Losing and continuing to invest until losing everything (revenge trading).
The Leverage Mistake: Using 50x without prior knowledge.
The Base Mistake: Trading in futures without a solid foundation of analysis.
I will continue studying in much more detail. I would greatly appreciate it if you leave your advice so I can take notes and improve in this new and exciting field.
P.S.: I learned several things the hard way, which complicate things for me now, and I am trying to study how to read the chart, the movements, the trade book, etc. #AprendiendoCripto #nuevosenbinance
I just captured this moment on the BINANCE chart. Observe the large green candle of 5 minutes. This is not just a simple bounce, but a sign of strong and immediate buying pressure that has entered the market. The buying volume in this short period has been sufficient to trigger the price and surpass several moving averages (MA).
What does it mean?
Buyers have taken control with conviction.
We could be witnessing the beginning of a new bullish momentum or the overcoming of a key resistance point.
Let's stay alert to see if this movement consolidates in the next few minutes! $BTC
📉 Do NOT engage in Revenge Trading! Lesson on Extreme Volatility and the Importance of Stop Loss
I am a novice trader and just lost $7 USDT in Futures, which is almost all my margin, due to making three serious mistakes in a night of high volatility. I want to share this so that no beginner experiences the same:
x: Extreme Leverage is Poison: I opened a Short on TNSRUSDT at 20x and, when I lost a bit, my mind told me: Get it back, quickly raised the risk to 50x. This brought me so close to the liquidation price that a simple blink wiped out my account. Leverage is a tool, not a gambling machine.
x: Trading without Stop Loss is suicide: I was in a moment of high volatility (4 AM) and the price was moving so fast that I couldn't even close the trade manually. Never open a position without automatically setting a Stop Loss and a Take Profit. It is your only protection. Do not watch the ROI (the percentage), watch your PNL (the actual profit). I made $4 with $1 and greed led me to lose it all and more. Discipline or Liquidation
I am new to this, I practically just started. As you see, the profits thanks to $TNSR ? I caught it at 60% and in short, I bought the amount of 1 dollar with a leverage of 50x, quite risky, but it turned out well. What do you all say?
It's incredible -7%, reaching a value of 85k My question is? What will you do? Will you take advantage of this drop? Will you wait for it to keep dropping? Or will you give in and sell? BTC can surprise us
📉The abyss of -5% Have you already taken out the card or sold even the sofa? In technical jargon, this is called "The great opportunity to buy drip and if there's money left, pay the electricity bill"; in panic jargon, it's called "Confirmation that I should have bought Bitcoin with my inheritance in 2012 and not now" I only ask, are you taking advantage of this liquidation or did the fear of losing enter you? SHARE YOUR BATTLE PLAN Is it time to rebalance the portfolio or pray to the god of the green candle? #BTCVolatility $BTC