If you have seen spread used and nodded along, here it is properly.
The spread is the distance between the best bid and the best ask.
It is the immediate cost of entering and leaving. Liquid pairs quote a spread of a basis point or two; thin ones can quote a full percent, which you pay twice on a round trip.
On an illiquid pair the spread can be larger than your edge. Count it before you take the trade.
Right now: BTC at 78,740 (-0.71%), 21 of 60 liquid pairs green, QKC leading at +38.9%.
#Write2Earn #CryptoBeginners #TradingTips #RiskManagement
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
The spread is the distance between the best bid and the best ask.
It is the immediate cost of entering and leaving. Liquid pairs quote a spread of a basis point or two; thin ones can quote a full percent, which you pay twice on a round trip.
On an illiquid pair the spread can be larger than your edge. Count it before you take the trade.
Right now: BTC at 78,740 (-0.71%), 21 of 60 liquid pairs green, QKC leading at +38.9%.
#Write2Earn #CryptoBeginners #TradingTips #RiskManagement
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
