Askanda

Last year. you remembered in the telegram group.

I told you guys, I wanted to meet CEO of Binance and ask him some questions.

Yesterday Isha Allah. I did

It was like a dream. I was not sure 🤔. This morning I think it actually happened

God is God. Just keep moving forward

Small wins sustains growth.

You will thank me later.
@CZ
@Richard Teng
#BinanceAlphaAlert
#AirdropSafetyGuide
#Trump100Days
$BTC
$BNB
$ETH

Don’t do this ever again…

When I first started day trading, I was trading all day, every day.

It seemed logical, right? More trades = more opportunities for profit.

This approach was actually costing me money.

The real game-changer came when I shifted my perspective on how much I should actually trade.

Instead of chasing the market, I learned to let the market come to me.

You don’t need so many trades. Just 2-3 trades per week is more than enough.

It’s about quality, not quantity.

You wait for the price to hit your predetermined levels - these are the moments the market presents real opportunities.

Many traders fall into the trap of forcing trades in between these key levels. Why?

Because they're addicted to the action of trading, not because the market is signaling a clear opportunity. It's a subtle but crucial difference.

Trading isn't about being active all the time. It's about being patient, and strategic.

So next time, before you jump into a trade, ask yourself: "Am I trading from a key level, or am I just feeding my addiction to trade?"

Your wallet will thank you later.

Less can truly be more in trading.
#USTariffs
#CzechBitcoinReserve?
#BitcoinReserveWave
$SOL
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Risk-to-Reward Ratio: The Rule That Can Change Your Binance Futures Trading

If you want to become a more consistent Binance Futures trader, you need to understand risk-to-reward ratio (R).

R tells you how much you are risking compared with how much you could potentially make. For example, a 1:3 risk-to-reward ratio means you risk $100 to potentially make $300.

Here’s a simple example:

Entry: $100
Stop Loss: $95 → Risk = $5
Take Profit: $115 → Reward = $15
Risk-to-Reward = 1:3
This is powerful because you don't need to win every trade to potentially be profitable. At a 1:3 R, your potential reward is three times your risk. Binance Academy notes that many traders look for at least 1:2 setups, while 1:3 can allow profitability even with a relatively low win rate.

But don't make the mistake of forcing every trade into a 1:3 setup. Your stop loss should be based on where your trading idea becomes invalid, and your take-profit should be based on realistic market structure—not arbitrary numbers.

My simple rule:
1. Define your entry.
2. Set your stop loss before entering.
3. Calculate how much you are willing to lose.
4. Look for at least 1:2 R.
5. Prefer 1:3 when the market structure supports it.
6. Never move your stop loss farther away because you don't want to take the loss.

Remember: Leverage does not improve your risk-to-reward ratio. It increases the size of your exposure, so your position size and stop-loss risk must be controlled carefully.

The goal isn't to win every trade.

The goal is to make sure your winners are capable of paying for your losers.

Trade with a plan. Protect your capital. Let the numbers work in your favor. #askanda #crypto #forextrader

What Is Funding Rate on Binance? 💰📊

If you trade Binance Futures, you need to understand the funding rate.

The funding rate is a periodic payment exchanged between long and short traders to help keep a perpetual futures contract close to the spot price.

🔹 Positive Funding Rate → Long traders pay short traders.
🔹 Negative Funding Rate → Short traders pay long traders.

How can traders use it?

Funding rate can give you additional market information.

If funding is extremely positive, it may mean too many traders are heavily long.

If funding is extremely negative, it may mean too many traders are heavily short.

But funding rate is not a buy or sell signal by itself. Always combine it with price action, market structure, volume, and proper risk management.

Askanda Tip:
Before entering a Binance Futures trade, check the funding rate. It can help you understand how crowded the market is.
#askanda #fundingrate #daytrading @Binance Margin

7 Steps Before Taking a Crypto Day Trade

Before you click LONG or SHORT, you should already know exactly what you are risking and why you are entering.

Here are my 7 steps before taking any crypto day trade:

1️⃣ Check the market trend.
Is the market bullish, bearish, or ranging? Don't trade without understanding the bigger picture.

2️⃣ Find your setup
Wait for your strategy to give you a clear entry. No setup = no trade.

3️⃣ Define your entry
Know exactly where you want to enter. Don't chase the price because a candle is moving fast.

4️⃣ Set your stop loss
Before entering, know where your trade idea becomes invalid. A stop loss helps define your maximum risk.

5️⃣ Calculate your position size
Don't choose your position size based on how much you want to make. Calculate it based on how much you are willing to lose.

6️⃣ Check your risk-to-reward
If the setup doesn't offer enough potential reward compared with the risk, skip the trade. For example, I prefer looking for setups around 1:3 risk-to-reward.

7️⃣ Check your mindset
Are you calm and following your plan—or are you trying to recover a previous loss? If emotions are controlling the decision, don't trade.
#askanda #crypto #DayTradingTips

5 Reasons You Will Become a Profitable Trader 📈

Becoming a profitable trader isn’t about finding a magical strategy. It’s about building the habits that keep you consistent.

Here are 5 reasons you can become profitable:

1️⃣ You Follow One Strategy
Stop jumping from strategy to strategy. Master one setup and learn when to trade it—and when to stay out.

2️⃣ You Control Your Risk
A great trader knows that protecting capital comes first. Risk small, use a stop loss, and never let one trade destroy your account.

3️⃣ You Stop Overtrading
More trades don’t mean more profits. Sometimes the best trade is no trade. Wait for your setup.

4️⃣ You Keep a Trading Journal
Every trade is a lesson. Record your entry, exit, emotions, mistakes, and results. Your journal shows you what is actually working.

5️⃣ You Stay Consistent
Profitability comes from repeating a good process over and over—not from making money every single day.

Remember:
You don't need to win every trade. You need to manage your losses, follow your strategy, and stay disciplined long enough for your edge to work.

Master the process. The profits will follow. 💯
$APR
#cryptotrading #DayTrading #TradingPsychology #RiskManagement #CryptoDayTrading #Binance #FuturesTrading #TradingStrategy #ProfitableTrader #askanda