Interesting my learning as a beginner in trading... Previously I didn't understand how to calculate prices or the behavior of currencies. However, I think I've already figured it out and I want to share with you how you can calculate those prices so you can buy your coins or, if you want to invest in SPOT, it's something simple and I think many can try it:
If you don't understand those long or short numbers and you want to calculate the exact number to buy or sell a coin, using this multiplication, it will help you completely.
If you multiply the price of a coin by "1.10", it will give you the result to set a TP or an SL, depending on how you use it:
Example:
* If in SPOT you bought $SOL a for $103 multiply " 103 x 1.10 = 113.30$ " so you set a 10% gain.
* If in SPOT you bought $BTC for $77.880 multiply " 77.880 x 1.10 = 85.668$ " so you set a 10% gain.
* If in SPOT you bought $ETH a for $2.444 multiply " 2.444 x 1.10 = 2.688$ " " so you set a 10% gain
Now that you have your results for the 10%, you are going to "SELL" and set the mode to "Limit Order". Place the amount the calculation gave you, drag the slider to the maximum, and click sell, and that way you set#s a 10% profit in Spot.
- If you want to set 20% or 30%, just change the last values of the multiplier: "1.20", "1.30", etc...
Thanks for reading this beginner-to-beginner tip. I will try to understand as much as possible about this Trading environment and share it with many of you. If this technique helped you, I would be very grateful. But I would like to know your opinion about it.
And remember; "Maybe I'm not where I want to be, but I'm not where I was." Good day to everyone! 🔥✨
If you don't understand those long or short numbers and you want to calculate the exact number to buy or sell a coin, using this multiplication, it will help you completely.
If you multiply the price of a coin by "1.10", it will give you the result to set a TP or an SL, depending on how you use it:
Example:
* If in SPOT you bought $SOL a for $103 multiply " 103 x 1.10 = 113.30$ " so you set a 10% gain.
* If in SPOT you bought $BTC for $77.880 multiply " 77.880 x 1.10 = 85.668$ " so you set a 10% gain.
* If in SPOT you bought $ETH a for $2.444 multiply " 2.444 x 1.10 = 2.688$ " " so you set a 10% gain
Now that you have your results for the 10%, you are going to "SELL" and set the mode to "Limit Order". Place the amount the calculation gave you, drag the slider to the maximum, and click sell, and that way you set#s a 10% profit in Spot.
- If you want to set 20% or 30%, just change the last values of the multiplier: "1.20", "1.30", etc...
Thanks for reading this beginner-to-beginner tip. I will try to understand as much as possible about this Trading environment and share it with many of you. If this technique helped you, I would be very grateful. But I would like to know your opinion about it.
And remember; "Maybe I'm not where I want to be, but I'm not where I was." Good day to everyone! 🔥✨