๐ Spot Trading โ Lecture 1: The Basics
let's make it easier to under .
๐ขSpot trading basically means:
Buy โ Hold โ Sell
You buy a coin at one price and sell it later at a higher price. The difference is your profit.
๐ฐ Simple example
You buy $100 worth of BTC.
BTC goes up by 5%.
Your $100 becomes $105.
๐ Gross profit = $5
But remember, trading fees can reduce your actual profit a little.
๐ Market Order vs Limit Order
Market Order:
โI want to buy/sell now at the available market price.โ
Limit Order:
โI only want to buy/sell if the price reaches the level I choose.โ
Example:
BTC = $100
You want to buy at $98 โ you place a Limit Buy at $98.
If BTC never reaches $98, your order may not execute.
โ ๏ธ Beginner mistakes
โ Buying just because a coin is pumping
โ Putting all your money into one trade
โ Ignoring fees
โ Trading without a plan
โ Chasing quick profits
โ Thinking every trade must be profitable
One thing I learned:
A good trader doesn't only ask, โHow much can I make?โ
They also ask:
โHow much can I lose if Iโm wrong?โ
That mindset is more important than finding the next โ100x coin."
(This series only for beginners )
Follow for more lecture and information postes
let's make it easier to under .
๐ขSpot trading basically means:
Buy โ Hold โ Sell
You buy a coin at one price and sell it later at a higher price. The difference is your profit.
๐ฐ Simple example
You buy $100 worth of BTC.
BTC goes up by 5%.
Your $100 becomes $105.
๐ Gross profit = $5
But remember, trading fees can reduce your actual profit a little.
๐ Market Order vs Limit Order
Market Order:
โI want to buy/sell now at the available market price.โ
Limit Order:
โI only want to buy/sell if the price reaches the level I choose.โ
Example:
BTC = $100
You want to buy at $98 โ you place a Limit Buy at $98.
If BTC never reaches $98, your order may not execute.
โ ๏ธ Beginner mistakes
โ Buying just because a coin is pumping
โ Putting all your money into one trade
โ Ignoring fees
โ Trading without a plan
โ Chasing quick profits
โ Thinking every trade must be profitable
One thing I learned:
A good trader doesn't only ask, โHow much can I make?โ
They also ask:
โHow much can I lose if Iโm wrong?โ
That mindset is more important than finding the next โ100x coin."
(This series only for beginners )
Follow for more lecture and information postes
