Hello little fish 🐠🔽 I also identify as one more, a small fish. That’s why I wanted to leave you with a question before asking Binance or an AI. I’ve chosen to rely on the knowledge this community can provide, only for Traders 🚫 No smoke and mirrors
-You have the chance to show off with me—I’m open to your wise advice.
In the next image, inside the yellow box, I point out my doubt. I understand everything that appears when a futures operation is open on the platform of @binance, but I don’t understand those signs with exclamation marks !!!! I don’t know what they mean. What should I say, and why are some of them turned off and others not? And why are some in green and others in red?
By the way, the chart and the market movement remind me so much of that old game 🐍⚕️. The only difference is that the market moves in two ways: up or down—which is what I interpret as: us newbies are the liquidity, meaning the food for the hungry chart. It grows bigger, eating everything in its path, like a huge, feared sea monster and always hungry. Without liquidity, there’s no ecosystem. It’s its food. It’s the most obvious logic of the market: whether you lose or gain, it always leaves you something positive, and that’s winning. That’s swimming. Since we’re little fish, I recommend we don’t stop going down to the waters 🌊
Now I also wonder if the chart always moves toward where the liquidity is in order to feed itself—and since liquidity is us, are we doomed? Well no. It goes toward where our operations have to be opened: where the liquidity is. (If you don’t understand what liquidity is, you’re lost.) That was the first golden piece of advice that I had to remind myself of when I started two years ago.
I asked my mentor by audio what liquidity was, and he sent me two audio messages of 5 and 6 minutes 🤭 He explained everything I already had understood, but he didn’t explain it the way I’m telling you here.
-If you want to keep following me, follow me 🐟 so we don’t become fried fish and let’s learn to swim together
-You have the chance to show off with me—I’m open to your wise advice.
In the next image, inside the yellow box, I point out my doubt. I understand everything that appears when a futures operation is open on the platform of @binance, but I don’t understand those signs with exclamation marks !!!! I don’t know what they mean. What should I say, and why are some of them turned off and others not? And why are some in green and others in red?
By the way, the chart and the market movement remind me so much of that old game 🐍⚕️. The only difference is that the market moves in two ways: up or down—which is what I interpret as: us newbies are the liquidity, meaning the food for the hungry chart. It grows bigger, eating everything in its path, like a huge, feared sea monster and always hungry. Without liquidity, there’s no ecosystem. It’s its food. It’s the most obvious logic of the market: whether you lose or gain, it always leaves you something positive, and that’s winning. That’s swimming. Since we’re little fish, I recommend we don’t stop going down to the waters 🌊
Now I also wonder if the chart always moves toward where the liquidity is in order to feed itself—and since liquidity is us, are we doomed? Well no. It goes toward where our operations have to be opened: where the liquidity is. (If you don’t understand what liquidity is, you’re lost.) That was the first golden piece of advice that I had to remind myself of when I started two years ago.
I asked my mentor by audio what liquidity was, and he sent me two audio messages of 5 and 6 minutes 🤭 He explained everything I already had understood, but he didn’t explain it the way I’m telling you here.
-If you want to keep following me, follow me 🐟 so we don’t become fried fish and let’s learn to swim together
