ExperienceMatters

Remember! don’t be greedy like me on my first trading, Just take some profit & always set Stoplose on your trading plan!

Based on my Experience, and i won’t give up!
#ExperienceMatters

How are different exchanges fooled traders? Here's a summary:

Exchange 1: Binance
Trader started trading on Binance, one of the largest and most reputable exchanges. However, he soon discovered that Binance's API had a significant delay, causing him to miss out on profitable trades. The delay was around 10-15 seconds, which might seem insignificant, but in the fast-paced world of crypto trading, it's an eternity.

Exchange 2: Kraken
Trader then moved to Kraken, hoping for better API performance. However, he encountered issues with Kraken's order book, which would often freeze or become unresponsive during periods of high volatility. This caused him to miss out on trades and even resulted in some trades being executed at unfavorable prices.

Exchange 3: Coinbase
Trader tried Coinbase, thinking that a more established exchange would provide better performance. Unfortunately, Coinbase's API had a restrictive rate limit, which prevented him from executing trades quickly enough. This limited his ability to capitalize on market movements.

Exchange 4: Huobi
Trader then turned to Huobi, a popular exchange in Asia. However, he discovered that Huobi's trading fees were much higher than those of other exchanges. This ate into his profits and made it difficult for him to maintain a competitive edge.

Lessons Learned
Trader's experiences with different exchanges taught him some valuable lessons:

1. API performance matters: A fast and reliable API is crucial for successful crypto trading.
2. Order book stability is key: A stable order book ensures that trades are executed at fair prices.
3. Fees can add up: High trading fees can significantly impact profitability.
4. Research and testing are essential: Always research and test an exchange before committing to it.

This serves as a reminder that even experienced traders can fall victim to exchange-related issues. It's essential to stay vigilant, research thoroughly, and test exchanges before making a commitment. #ExperienceMatters #StrategicTrading

"The biggest mistake we made against ourselves was when we expected others to put us in the same position we put them in, and to reciprocate the eagerness and kindness we give them. Our exaggerated expectations are what made us taste the bitterness of disappointments."
$OM
$ZRO
$G
#mansooralrhyb
#BinanceExplorers
#ExperienceMatters
#BinanceSquareFamily
#Crypto_Jobs🎯

Experts trader say something about $NOT
for long investment
is it good coin for get 1000$ to $7000
#ExpertParaCommUNITY
#PowellRemarks
#ExperienceMatters

Hello Binance Buddies,
I am very new to this zone of trading but want to share some practical experience and observations
Common 3 Big Mistakes New Traders Make (Let’s share, How to Avoid Them)
1. Chasing Green Candles
Don't jump into a rising market without a plan. Wait for confirmation before making a move.
2. No Stop Loss
A single bad trade can wipe out your entire portfolio. Set a stop loss to limit your losses.
3. Overleveraging
Using too much leverage can lead to huge losses. For beginners, spot trading is a safer option.
Stay Smart, Trade Safe
Focus on consistency and avoid taking unnecessary risks. Let experienced traders take the risks – you focus on steady gains.
#newtocrypto #GuideCrypto #ExperienceMatters #BinanceLaunchpoolWCT

Hey Guys!! Do you think being a consistent profitable trader is a myth or it can be achieved ?
and m talking about futures.. Because i have been into trading for so long and i have learnt that however much analysis you do market has it own way and it isn't profitable at all. By profitable I mean Consistent Profits like even if you have a 50% win ratio but you do a 1:2 risk reward ratio so even if you have 50% win ratio.. Youd be successful right...

But I haven't found my this aha moment yet I know there are more senior guys here so this is the only question that is it possible ? are some traders actually making consistent profits from intra day or future trading or is it just a gamble?
I would very much like to know anyone of your opinions even if you have a question post here and ill let you know if i know the answer lets help each other out
Cheers
#TradingMadeEasy #Tradingwithmind #ExperienceMatters #FutureTarding

I came across a quote that says: “No one gives up the things they long for until they are hurt by keeping them.” That is, we may abandon someone despite our love for them, not because we are tired of their presence, nor because our feelings for them have faded, nor are we selfish in our emotions, but we have realized that our presence in this place does not make a difference.
$BNB
$XRP
$SOL
#mansooralrhyb
#ExperienceMatters
#BinanceExplorers
#BinanceVietnamSquare
#Crypto_Jobs🎯

I came across a quote: "No one gives up what they desire unless they are hurt by keeping it." That is, we may abandon someone even though we love them, not because we are tired of their existence, not because our feelings for them have faded, and not because we are emotionally selfish, but because we realize that our existence in this place makes no difference.
$NEIRO
$PNUT
$AVA
#mansooralrhyb
#BinanceExplorers
#BinanceSquareTalks
#ExperienceMatters
#Crypto_Jobs🎯

$RSR 𝐄𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐞𝐬 𝐚 𝐒𝐭𝐚𝐠𝐠𝐞𝐫𝐢𝐧𝐠 𝟏𝟕𝟐% 𝐒𝐮𝐫𝐠𝐞 – 𝐀 𝐆𝐚𝐦𝐞-𝐂𝐡𝐚𝐧𝐠𝐢𝐧𝐠 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐟𝐨𝐫 𝐓𝐫𝐚𝐝𝐞𝐫𝐬

The recent surge in the price of $RSR has been nothing short of spectacular, skyrocketing by 172.63% and currently trading at $0.025117. After dipping to a 24-hour low of $0.009086, the asset soared to a high of $0.026000, marking an explosive rally driven by powerful buying activity. This extraordinary price movement is backed by a massive trading volume of over 22 billion RSR, signaling a significant breakout that traders should be keen to monitor.

At this critical juncture, attention should be focused on the key resistance level at $0.026000. If $RSR manages to break through this level and sustain the upward momentum, it could pave the way for even higher price levels in the near future. On the other hand, if the price faces rejection at this point, traders may see a potential pullback toward the support level around $0.020000. This could present an excellent opportunity for re-entry, offering another chance to capitalize on the ongoing volatility.

Given the high-risk, high-reward nature of this trade, it's crucial for traders to implement strategic risk management techniques. Tight stop-loss orders should be utilized to safeguard profits while minimizing exposure to adverse market moves. With the price currently in an explosive phase, the key is to stay vigilant and agile in order to make the most of these fluctuating market conditions.

This breakout is a unique opportunity that shouldn't be overlooked. For those who are prepared and ready to act, the potential for further gains is substantial. However, as with all high-volatility assets, it is essential to approach with caution and ensure that positions are managed effectively to mitigate any risk of reversals.
#ExperienceMatters #RSR