CoinPip

If you had to choose one, which would it be for the next bull run?

​In forex, we live by a golden rule: 'Don't fight the trend.' That same logic is even more crucial in crypto.

A trend can be your best friend or your worst enemy. Whether it's a bull market pushing new highs or a bearish run, your job is to identify the direction and trade with it, not against it.

What's your favorite indicator for spotting a new trend?

​#educational_post #TradingStrategies

Just like in forex, you can't be in every trade. But in crypto, the FOMO hits different. My finger hovering over the buy button is giving me the butterfly effect flashbacks. Don't chase the green candles, kids! Or... YOLO? $BTC

For now, I'm focusing on spot trading. It's the best way to get comfortable with the market's unique volatility without the threat of liquidation. Once I've mastered that, I'll revisit futures.

Coming from forex, the first thing I noticed on crypto futures is the high leverage, sometimes up to 100x!
But with that comes the biggest risk in crypto trading: LIQUIDATION.

​Unlike spot trading where you own the asset, futures trading is about betting on the price. With leverage, a small market move against your position can wipe out your entire collateral.

​In forex, a margin call gives you a chance to add funds. Here, it’s instant. It's a whole different ballgame.

​What are your thoughts on leverage? Is it a tool for experienced traders only?

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​#CryptoFutures #trading #LeverageTrade

Forex trading is all about margin and leverage. You rarely own the actual currency. Here in crypto, you have to master spot trading first, which is much more like buying a stock.

​Spot Trading: This means you are buying and selling the actual crypto (e.g., buying Bitcoin with USDT). You own the asset directly, and your profit comes from the change in its value.

​The Pro: It's simpler and has no risk of liquidation.
The Con: You have no leverage, so a small move won't give you massive gains. ah I missed forex already

Do you agree that spot trading is the best place for beginners to start?

Back in the forex world, the market would close on the weekends. It gave you a chance to step away, reset, and prepare for the next week.

​But here in crypto, the market is 24/7/365. There's no pause button.
​This feels like a major mental shift for a trader. It makes discipline and having a life outside of charts even more important.

How do you all manage the constant market activity?
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​#TradingLife

I've learned that while charts and patterns might look the same, the market's behavior and psychology are a whole new game.

​ #BinanceSquare #CryptoJourney

One of the first things a forex broker taught me was to never enter a trade without a plan.

In this 24/7 crypto market, that's more important than ever.
​My simple plan has three parts:

​Entry: A clear reason to get in.
​Take Profit (TP): A predetermined exit point for a win.
​Stop Loss (SL): A predetermined exit point to limit losses.

​Having this written down before you trade is your best defence against emotional decisions.

What's the most important part of your trading plan?
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​#tradingplan #CryptoTradingStories

Nācot no forex pasaules, esmu uzzinājis, ka lielākais drauds jūsu kontam nav tirgus, bet gan jūsu pašu emocijas.

​Vai tā ir FOMO (Bailes palaist garām) vai panikas pārdošana, emocijas noved pie impulsīviem lēmumiem, ko profesionālie tirgotāji izvairās pieņemt.

​Tirgū, kas ir tik svārstīgs kā kriptonauda, disciplīnas saglabāšana un plāna ievērošana ir svarīgāka nekā jebkad.
Kāda ir viena tirdzniecības kļūda, no kuras jūs mācījāties?
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​#TradingPsycology #TradingTips #DisciplineMatter #LearningOpportunity

Forex tirgū mums ir swap. Kripto nākotnes līgumos tas ir finansēšanas likmes.

Es joprojām cenšos saprast tā mehāniku. Es saprotu, ka tas ir maksājums starp garajām un īsajām pozīcijām, lai saglabātu cenu saskaņotu ar spot tirgu, bet kā tas patiesi ietekmē darījumu laika gaitā?

Vai ir kādi pieredzējuši tirgotāji, kuri varētu izskaidrot to tā, it kā es būtu forex tirgotājs? Novērtēju palīdzību!

​#CryptoLearningTogether #BİNANCEFUTURES #TradingTips101 #ForexToCrypto

From Forex to Crypto: My First Steps on Binance Square

Hey everyone, I'm new here and I'm a forex trader who's finally diving into the world of crypto. I've heard the volatility is next level, and I'm excited to apply my trading knowledge to this market.

My goal is to learn and share my journey with you all. Let's grow together!

#forextrader #BinanceSquareFamilyFeed