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Faisal Crypto Lab
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what are you doing bro come on man ๐ too fast to catch ๐ฎ
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Faisal Crypto Lab
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I just made $4 dollars in 3 seconds from $CFX if you want to learn trading follow me and like and share this post. I always share a small portion of my profit to one of my new followers, if you want to be that person don't forget to like,share and follow me โค๏ธ #Write2Earn #writetoearn
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๐ Trading Words Explained #12 ๐ Trailing Stop ๐ก A Trailing Stop is a dynamic stop-loss order that moves with the market price. ๐ If the price goes up, your stop-loss rises too, locking in profits. ๐ But if the price drops, your stop stays put and triggers if the price falls too far. ๐ฏ It helps protect gains while giving room for the trade to grow! Example: Buy $BTC at $30,000 Set trailing stop at 5% If BTC rises to $32,000, stop moves to $30,400 If price falls 5% from peak, your position sells automatically. $BTC $ETH $SOL #Write2Earn #WriteToEarn #writetoearn #USCryptoWeek #MemecoinSentiment #TradingStrategyMistakes
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๐ Trading Words Explained #11 ๐ Stop Limit Order ๐ What is a Stop Limit Order? Itโs a two-part order: 1๏ธโฃ A stop price triggers the order 2๏ธโฃ A limit price sets the maximum/minimum price youโre willing to buy/sell at โ ๏ธ Unlike a stop market order, this wonโt execute unless the limit price is met โ so it gives you control but no guarantee of execution. ๐ก Perfect for avoiding slippage but risky in fast markets! Example: Set stop at $100, limit at $98 to sell $SOL. If $SOL drops to $100, it triggers an order to sell, but only if it can sell at $98 or higher. $SOL $BTC $ETH #Write2Earn #WriteToEarn #writetoearn #USCryptoWeek #MemecoinSentiment #TradingStrategyMistakes
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๐ Trading Words Explained #10 ๐ Market Order ๐ What is a Market Order? A market order is when you buy or sell a coin instantly at the best available price. โก๏ธFast but risky! ๐ฅ Example: You place a market buy for $SOL, and it fills immediately at the current ask price. ๐ข Pros: Instant execution Useful in fast markets ๐ด Cons: Can cause slippage No control over entry price ๐ก Tip: Use market orders when speed matters more than precision โ like during breakouts ๐ $BTC $SOL $XRP #Write2Earn #WriteToEarn #writetoearn #USCryptoWeek #MemecoinSentiment #TradingStrategyMistakes
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๐ Trading Words Explained #9 ๐ Slippage ๐ฅ What is Slippage? Slippage happens when your buy or sell order is executed at a different price than expected. โ ๏ธ This usually occurs in: Fast-moving markets Low-liquidity pairs High leverage trades ๐ง Example: You click buy $BTC at $60,000, but it fills at $60,150 โ thatโs $150 slippage. ๐ก Slippage can either work: โ In your favor โ Or against you ๐ 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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