The Beginner's Classroom has reached 20,000 followers! 🎉
From 0 to 20,000, every step is supported by everyone's support and companionship 🙌
We have prepared a small interaction 👇, event rules:
1. @Three friends + Repost + Comment, write down your suggestions for the Beginner's Classroom, or share your favorite moment from the classroom
3. 10 users will be randomly selected to receive $5, and 5 will receive Binance black short T-shirts
We will carefully listen to your suggestions, continuously optimize the content and activities of the Beginner's Classroom, thank you all for your support!
Hope to have more offline activities 🎡 to give more opportunities for unknown people in the square to participate in the front line. Online, we can have more people with practical experience share their journeys, which can be made into a series, either in interview format or in graphic format, both to spur everyone on and to encourage and inspire newcomers ^_^
币安Binance华语
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🎉【Binance Chinese Square has surpassed 80,000 followers!】🎉
To celebrate this milestone, we have prepared exclusive benefits and look forward to your valuable suggestions💡
✨ Event Rules: 1️⃣ Retweet + Comment, tell us what content or event format you most want to see in the future 2️⃣ Draw 5 winners to receive 80 USDT 3️⃣ 5 winners will receive mysterious Binance merchandise🎁
Palu will carefully listen to your suggestions, continuously optimizing the content and events of Binance Chinese Square. Thank you all for your support!
#广场8周年狂欢 Day 6 Lucky Red Envelope 🧧 - Breakthrough 🚀 Thank you for accompanying us all the way, witnessing our continuous breakthroughs It is this persistence and trust that has enabled Binance to consistently surpass itself Participate in the comments section to share 288 USDT🎉
Day 7 - 【Star Wish Binance】is here! At this special moment✨, make your expectations and beautiful visions for Binance🌟 📢 How to participate: 1️⃣ Retweet this post 2️⃣ Include your wish content 🎁 Rewards: 88 USDT × 3 lucky users #广场8周年狂欢
At that time, the choice of Binance was due to the security of Binance's capital table, and I have used it for many years. From the very beginning when I knew nothing, I took many detours, made a lot of money, and continued to grow and trade. In the blink of an eye, so many years have passed.
币安Binance华语
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Day 5 - 【Friends】 is here! Share your story with Binance 📖, share your growth and emotions 💫 📢 How to participate: 1️⃣ Retweet this tweet 2️⃣ Attach your story share 🎁 Rewards: 88 USDT × 3 outstanding contributors🏆 #广场8周年狂欢
Binance Square · #晒单狂欢月 is here! 📸 Share what you consider your trading highlights of the month! 🚀 Follow @币安Binance华语 , retweet and share your photos for a chance to win: 🎁 100 USDT * 10 lucky users 📅 Event period: July 1 - July 14
Summary Finally, I need to emphasize one point: trading is not everything in life; it is just a way of investing and should not affect normal life. Unless you are a professional trader, do not invest all your time in trading; you should have your own job and career. In summary, successful traders need to adhere to simple and effective trading strategies, maintain a high level of discipline, wait for the best opportunities, set reasonable stop-losses, avoid overtrading and taking risks, and remember that there are other aspects of life and career outside of successful trading. These suggestions can help more people gain in the cryptocurrency market. #Tradersleague
Patiently Awaiting the Best Trading Opportunity If you find it unbearable to endure, then waiting for a clear trend to emerge before taking action is also a good choice. The market is always full of preparation, but what it truly lacks is a good attitude at the right moment. In the world of trading, patiently waiting and ensuring your mindset is in the best state for success is key to achieving results. Do not rush to take action; instead, wait for maturity, as a clearly defined trend can provide you with a more precise direction. In trading, the market often generates panic signals or weak signals; however, the importance of waiting for the best trading opportunity is self-evident, much like a cheetah waiting for the best prey. For weak signals, we should not take excessive risks but rather patiently wait for the right opportunity. Maintaining patience is crucial, as the market is constantly in focus, but not every moment is the best trading opportunity. #Tradersleague
◎ Reasonable Stop Loss, Strict Execution Determining a reasonable stop loss and strictly executing it is a key principle in trading. I have always believed that traders who do not set stop losses may ultimately face the risk of liquidation. For each order, set a reasonable stop loss distance and make informed decisions based on personal circumstances. Additionally, I remind traders not to widen the stop loss distance when at a loss, nor to close positions too early when in profit. After placing each trade, a stop loss and profit target should be established, and traders should stay away from emotional trading. Once set, it is best not to repeatedly check orders or charts, as such behavior may disrupt emotions. When seeing a loss on an order, it may prompt traders to widen the stop loss distance, leading to more losses. Conversely, when an order is profitable, closing too early may cause traders to miss out on further profits. In summary, closely monitoring the market can greatly affect emotions and mindset; the best practice is to set it and not let it be influenced anymore. #Tradersleague
◎ Losses should not be increased In trading, being overly focused on win rates while neglecting risk management is a dangerous mindset. I firmly believe that one should not continue to increase their position during a rebound because this only turns trading into gambling. I think that a successful trader should have risk awareness, avoid taking unnecessary risks, rather than pursuing doubling their account in the short term. Some traders view profits as a secondary goal and place more emphasis on validating the correctness of their views. However, excessively pursuing a high win rate while neglecting emotional risk management is extremely dangerous. When trades go wrong and contradict market trends, some traders not only fail to set stop losses but also keep increasing their positions, hoping for a market reversal. This loss of rationality in trading makes it akin to gambling. Successful traders should focus more on maintaining calm and managing risk appropriately, rather than being blinded by short-term high win rates.#Tradersleague
◎ The more favorable factors, the better The success of completing a trade can gain more favorable factors, which will increase the likelihood of profit. In trading charts, if the trend lines, important chart levels, and trading signals can align, then the trade is more likely to be profitable. Although many traders seek to avoid human errors through automated trading systems, I personally do not prefer to rely on automated trading systems. I believe that as long as a convergence point of trends, levels, and signals can be found, trades can be effectively executed without worrying about the quality of the trade. In trading decisions, unity and consistency are key, and this can be achieved by effectively integrating various supports. #Tradersleague
◎ How is your self-control? This is important The success of trading depends not only on rational strategies, trading plans, and money management but also significantly on psychological self-control. A trader's mindset can be said to be the dominant force in trading rhythm, and successful traders must possess strong self-control. In trading, the biggest challenge comes not from financial issues but from personal emotional fluctuations. A poor mindset can become the biggest trap in responding to good trading opportunities. Letting emotions run wild can lead to a loss of rationality and an initial misjudgment in trading decisions. Confidence is key to successful trading, but overconfidence can become a breeding ground for negative emotions. In trading, a principled person can better master themselves and remain calm. Trading does not require excessive expression of personality but rather the need for steady execution of plans and consistent rational decision-making. By establishing a solid psychological foundation, traders can better examine market fluctuations and ensure a more robust and successful trading process. #Tradersleague