📈 Market Update: Ripple (XRP) is up 6.8%, leading the CoinD | Faisal Crypto Lab on Binance Square

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📈 Market Update: Ripple (XRP) is up 6.8%, leading the CoinDesk 20 index today! 🚀
Cardano (ADA) also showed strength, gaining 5.5% since Wednesday. 🔥📊
$PEPE $XRP  $ADA 

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XRP

3.4249

-1.13%

ADA

0.8419

+1.00%

PEPE

0.0000136

+1.34%

296

0

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📘 Trading Words Explained #9 📌 Slippage 💥 What is Slippage? Slippage happens when your buy or sell order is executed at a different price than expected. ⚠️ This usually occurs in: Fast-moving markets Low-liquidity pairs High leverage trades 🧠 Example: You click buy $BTC at $60,000, but it fills at $60,150 — that’s $150 slippage. 💡 Slippage can either work: ✅ In your favor ❌ Or against you 🔐 To reduce slippage: Use limit orders Avoid trading during high volatility Choose liquid pairs like $ETH, $SOL $BTC $ETH $SOL #Write2Earn #WriteToEarn #writetoearn #USCryptoWeek #MemecoinSentiment #TradingStrategyMistakes

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📘 Trading Words Explained #8 📉 Drawdown 🔎 What is Drawdown? Drawdown is the percentage drop in your trading account from its highest point (peak) to the lowest point (trough). 📉 For example: If your account grows to $10,000 but then drops to $8,000, you’ve had a 20% drawdown. ⚠️ Drawdowns show how much your account can shrink during losing periods. 💡 Understanding drawdowns helps you: Manage risk better Stay emotionally prepared Avoid panic selling 🎯 Every trader faces drawdowns — the key is how you recover and keep going! $BTC $ETH $SOL #Write2Earn #WriteToEarn #writetoearn #USCryptoWeek #MemecoinSentiment #TradingStrategyMistakes

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📘 Trading Words Explained #7 📊 Order Types ⚙️ Order types decide how your trade is executed on an exchange. 💥 Here are the most common ones: 🔹 Market Order Executes instantly at the best available price. ⚡ Fast but no control over price. 🔹 Limit Order You choose the price. Trade happens only when the market hits it. ✅ More control, but not guaranteed to fill. 🔹 Stop Order / Stop-Loss Activates a market order when the price hits your stop. 🛡️ Used to protect against big losses. 🔹 OCO (One Cancels the Other) A combo of limit + stop-loss. 💡 When one hits, the other is canceled. 💬 Pro Tip: Mastering order types = Better execution, less slippage, more profits 💸 $BTC $RAY $INJ #Write2Earn #WriteToEarn #writetoearn #USCryptoWeek #MemecoinSentiment #TradingStrategyMistakes

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📘 Trading Words Explained #6 🧨 Risk-to-Reward Ratio (RRR) 💹 RRR tells you how much you're risking vs how much you aim to gain in a trade. 🔍 For example: You're risking $10 to potentially make $30 That’s a 1:3 Risk-to-Reward Ratio 🎯 Why it matters: Even if you're right only 50% of the time, a good RRR can still keep you profitable 📈 🧠 Smart traders avoid setups with low RRR like 1:1 or worse. They aim for 1:2, 1:3, or even more 🚀 💬 Tip: Never enter a trade where your potential loss is greater than your potential reward ❌ $MATIC $DOGE $COTI #Write2Earn #WriteToEarn #writetoearn #USCryptoWeek #MemecoinSentiment #TradingStrategyMistakes

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📘 Trading Words Explained #5 📏 Position Size 💰 Position size means how much money you're putting into a single trade. 🧠 It’s one of the most important parts of risk management. 🙅‍♂️ If your position is too big — one wrong move can liquidate you 💥 🤷‍♀️ If it’s too small — you won’t make much even if you’re right ✅ 📊 Smart traders calculate position size based on: 🔹 Total account balance 🔹 Risk per trade (like 1-2%) 🔹 Stoploss distance 💡 Remember: 📌 Big capital ≠ Big positions 📌 Smart capital = Smart sizing 😎 🎯 It’s not about being aggressive. It’s about being consistent and surviving long-term! $ETH $LINK $RUNE #Write2Earn #WriteToEarn #writetoearn #USCryptoWeek #MemecoinSentiment #TradingStrategyMistakes

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