TeeWildRift
--
#traders #NewTraders DO NOT TRADE LIKE THESE EXAMPLES
What I can see these examples are using highest leverages (x70, x100, x125), it is really UNWORTHY to hold these positions.
For example ETH, margin is $47, but PnL -$2569, this is big mistakes because of HIGH LEVERAGE and DON'T USE STOP LOSS.
I am fine with high leverage, it might bring much more profits if we are on right direction, but it will be a big debt if we are wrong direction.
In this case, I really recommend to use stop loss -100%, -150% ROI. We can lost $47, but use remaining capital of $2500, this can help us to take profit much more by reverse the position, or choose another coins to trade.
So don't trade like this.
(sorry guys I downloaded your screenshots to provide examples to my followers)
#Binance #Write2Earn
#Binance
What I can see these examples are using highest leverages (x70, x100, x125), it is really UNWORTHY to hold these positions.
For example ETH, margin is $47, but PnL -$2569, this is big mistakes because of HIGH LEVERAGE and DON'T USE STOP LOSS.
I am fine with high leverage, it might bring much more profits if we are on right direction, but it will be a big debt if we are wrong direction.
In this case, I really recommend to use stop loss -100%, -150% ROI. We can lost $47, but use remaining capital of $2500, this can help us to take profit much more by reverse the position, or choose another coins to trade.
So don't trade like this.
(sorry guys I downloaded your screenshots to provide examples to my followers)
#Binance #Write2Earn
#Binance
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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