Hello everyone! Some time ago I became interested in trading and started digging into Binance for the second week. The initial reason for registering on Binance was the simple withdrawal of money with low fees (compared to my Metamask).
There was a personal investigation over these two weeks, and I drew some conclusions for myself, but I am not sure about them, and that's why you are reading this post🤭 I decided to invest 150$ and decided to trade cautiously with small leverage or even without it to avoid losing all my capital in one trade.
Waking up today, I noticed the SWELL coin; there was a sharp pump, and looking at the one-second interval, I realized that a big player likely decided to play with the coin. I created a small long trade and closely monitored the overall interest, trades, and chart. Not much time passed, and I don't even know how to say whether it was intuition or I made the right conclusion seeing that the overall interest started to decline for the first time in a long time. I closed the long and opened a short, though I messed up in the short and for some reason my margin is 2$ instead of 10$ , and the leverage is ×5, but that's not important; liquidation is still far away.
In general, I present to your attention my little doodle.
Give some basics to a newbie please!