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What is Spot Trading and How to Start on Binance
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Day 17: Trading Mindset Check In trading, your mindset is just as important as your strategy. Today’s reminder: "Stay patient. Stay consistent. Emotions are expensive." Every trade doesn’t need to be a win — focus on discipline, not perfection. #100DaysOfLearning #BİNANCE #CryptoMindset
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Day 16: What is a Stop-Loss Order? Today’s lesson: protecting your capital! A Stop-Loss Order is an automatic instruction to sell your crypto when its price drops to a certain level. It’s like setting a safety net to limit your losses if the market moves against you. Example: You buy $BTC at $93,000. You set a Stop-Loss at $91,000. If Bitcoin’s price falls to $91,000, Binance will automatically sell your $BTC — protecting you from deeper losses. Why Use Stop-Loss? No need to watch the market 24/7. Manage risk with discipline. Avoid emotional decisions during high volatility. Quick Tip: Always plan your Stop-Loss before entering a trade — never after. Have you ever used Stop loss Order #100DaysOfBinance #CryptoTips #RiskManagement #BinanceAlphaAlert
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Day 15 of 100: Understanding Market Orders on Binance Today, let’s talk about one of the simplest types of orders you can place on Binance: the Market Order. A Market Order is used when you want to buy or sell immediately at the best available price. Unlike a Limit Order (where you set your own price), a Market Order fills instantly based on the current market prices. Key Points: You don't control the exact price, but your order executes quickly. Market orders are great when speed is more important than getting a specific price. Be cautious during highly volatile times — prices can change rapidly while your order is processing. Example: If $BTC is trading at $94,000 and you place a market buy order, you’ll get Bitcoin at approximately that price (depending on liquidity and order book depth). Tip: Use Market Orders when you must enter or exit a position fast. If you want more control over the price, consider using Limit Orders instead. #Day15whatisMARKETORDER
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