Open the Binance APP--Funds--Contracts--Today's Profit and Loss--Funding Costs and Trading Fees, you can see your fees over the past year.
For high-frequency contract trading and large positions, your fee expenditure may exceed your principal in just one month.
So you must open a rebate; the fees that should be returned to you need to be claimed back. If you don't open a rebate, all fees go to the market. Opening a rebate means the fees are returned to your own account, saving you at least a few hundred to a thousand U in fees each month.
(Ma De Shui A) My life should be divided into three stages:
1. Forgetting myself and fighting when I have nothing
2. After some accumulation, honing my spirit to climb to higher peaks,
3. After reaching the peak, I should learn to defend.
This is often heard: everyone has a third of luck, when luck comes, learn to seize it; when luck declines, learn to be cautious. It only takes a few years to earn A8, but holding onto it is a lifelong lesson.
If there are a few points of profit on the left side of the short position, you have to run faster than a rabbit, especially when the big pie is at a new high, a pattern may get stuck.
🍓 When can the short position be held a little longer?
Wait for the 15-minute level to weaken, followed by the 1-hour level, and then to the 4-hour level, which indicates a relatively large pullback, that is, making a right-side short position.😇
The power of compound interest has begun to show its effects,
The 30,000 USD real account that was engaged three months ago, following Tony's compound interest rule at @逍遥XTony , has now more than tripled, and the funds have reached 90,000!
The real account is basically trading at 1-2 times leverage, occasionally opening at 3 times when the certainty is relatively high, like yesterday when I opened a 3 times short position on Bitcoin to catch an intraday pullback.
Low leverage, low drawdown, compound interest...
Compound interest is truly frightening... Just need 10% in a week, four 10% in a month, 1.1 to the power of 4 = 1.46, 1.46 to the power of 6 = 9.8, ten times in six months.
Trading doesn't necessarily mean huge profits, but by keeping the money earned and amplifying certainty through time leverage, you can achieve continuous compound interest.
Compound interest is the most lucrative, believe in yourself, you can definitely do it! 💪
Do not be overly obsessed with the 'Altcoin Season'
Having the ability to choose good varieties means every day is a harvest-filled altcoin season
Rather than being fixated on asking me when the altcoin season will arrive?
This is just making excuses to justify why you can't earn money, avoiding reality.
Now that the market has reached this point, the widespread altcoin season is definitely over, but there are still a few like pengu moodeng that can increase several times, even tenfold, which requires exceptional coin selection skills.
For example, the real account of the assistant at Godshot Exchange has made a profit of thirty times in one and a half months, and not a single trade relied on small altcoins for profit; the profits come from mainstream coins like ETH, DOGE, and BNB, making 3-5 times.
On the contrary, believing in 'altcoin season' led to a loss of 6000u on a new altcoin haedal, which is three times the initial capital.
Opportunities are unlimited, but capital is limited
If you don't want to miss any opportunity, hoping to profit from fluctuations, rises, and falls, and you want to trade 24 hours a day, without a month passing
You will either be the richest or the most in debt
Be patient and wait for your market,
🍓Hope you earn money for a lifetime rather than spend a lifetime making money
btcdom is the market capitalization share of Bitcoin. The daily chart shows a Three Black Crows pattern, and it is unlikely to easily break the upper resistance at 5200, which is about 2%.
If the market rebounds here, it is expected that ETH, SOL, and DOGE, these major altcoins, will rise more than BTC.