#FORBIGGENERS Today i am going to share the best method of trading initially.
These words are not forcing or advising you to do this way if you dont get it just read and ignore if you find some thing helpful just learn
But you will learn alot of new things
Few tricky points
Keep secrete from peoples that you are trading
#Make account on #binance verified Search from google little bit and listen some videos to learn basic words which commonly use in binance trading for awareness Save some money from your pocket money at least $100 .and dont take borrow for trading Deposit in binance account Dont take any trade 7to 10 daysJust see 4 hr time frame and week then month and analyze markets top coinsWrite down the coins which you are watching and review atleast select 20 to 30 which coins goes up and down approx 7to 10% in every 24 hours
Now basic trading method is here to start
The first thing you have to keep in mind that you are not going to be millionaire in one night week or month with 100 $ but you will be good trader and earner with out hard or physical labour work
Important rule of trading
Trade in SPOT always Never trade in future wallet untill you become professional in trading Dont put your all eggs in one basket
So now what you to do with your hard saving 100 dollars
Let suppose you learned and selected most famous coin
#PEPE When you will see in 1 hr frame then 4 hr then week its making continue up and down of 8 to 10 % up and down green and red candles ,when it goes to down you makes sure that this is possible dip of the day as previous you reviewed, just buy coin for 20 dollar and then go in sell option select limit option and put the sell price where it shows you 10% profit and hit the sell button
Sell order will be placed for you on that price when it will reach again up with green candle in next few or 24 hours 30 hours it will sell automatically for you, While you are not using phone laptop even logged out from app and your profit will be 2 dollars in this trade . And the most important thing if it will go down from your buy price dont panic and never sell this in loss because it will never liquidate your amount unless goes down to -100% . No coin went to this stage yet 🤭 .
So this was example of one coin
If you are good learner and analyser select powerful coins with keen observation . You have to put trade on 5 different coins with 20 dollars each and put sell limit order at minimum 10% profit . Then put all order and go and do your work of routine life dont need to come and see app again and again . Notification will inform you warmly with your profit of trade when it will hit limit of order
If trades are going fair and hitting profit in less time or 24 to 30 hour you will have 10 dollars total profit in next few weeks you will get double of your basic deposit then put little higher trade like 30 dollar in each coin but do not change profit percentage %10.
And put those already bought coins in favourites by pressing star in top right corner
Will be easy to keep eye on your trading coins
Hope you will get some new and good points from here
I shared my learning with proof of my practical work with screen shot
$PEPE $VIDT
$BAKE You can share this to new learner
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