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
$BTC
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$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
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$SOL
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Sell short Hemi
Don’t use more than 5% margin
Leverage 10x
Entry: 0.010685
Stop loss : 0.1470
#HEMI #bitcoin #askanda #DayTradingTips

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