๐Ÿ˜ฑ How much is the price of a 100% - 100% discount? ๐™๐™š๐™ง๐™ฃ๐™ฎ๐™–๐™ฉ๐™– ๐™๐™ช๐™ฉ๐™ž๐™ฃ ๐™‡๐™–๐™ ๐™ช๐™ ๐™–๐™ฃ ๐™„๐™ฃ๐™ž, ๐™‹๐™š๐™ข๐™ช๐™ก๐™– ๐™’๐™–๐™Ÿ๐™ž๐™— ๐™๐™–๐™๐™ช!

๐ˆ. ๐Œ๐ž๐ง๐ž๐ง๐ญ๐ฎ๐ค๐š๐ง ๐“๐š๐ค๐ž ๐๐ซ๐จ๐Ÿ๐ข๐ญ (๐“๐)โ„ข

1. Chart analysis

Pay attention to price trends and chart patterns to determine the target price.

2. Determine the profit percentage

Select the desired profit percentage (eg 5-10%).

3. Calculate the TP price

Add the profit percentage to the purchase price.

Example:

Purchase price 100,000, profit 5% = 105,000.

๐ˆ๐ˆ. ๐Œ๐ž๐ง๐ž๐ง๐ญ๐ฎ๐ค๐š๐ง ๐’๐ญ๐จ๐ฉ ๐‹๐จ๐ฌ๐ฌ (๐’๐‹)โ„ข

1. Chart analysis

Identify support and resistance levels.

2. Determine the percentage of loss

Choose an acceptable percentage of loss (eg 2-5%).

3. Calculate the SL price

Subtract the percentage of loss from the purchase price.

Example:

Purchase price 100,000, loss 2% = 98,000.

๐ˆ๐ˆ๐ˆ. ๐Œ๐ž๐ง๐ ๐š๐ญ๐ฎ๐ซ ๐“๐ซ๐š๐ข๐ฅ๐ข๐ง๐  ๐’๐ญ๐จ๐ฉ (๐“๐’)โ„ข

1. Open Binance and select a currency pair.

2. Click Trade and select Advanced Options.

3. Enable Trailing Stop.

4. Specify the TS percentage (e.g. 2-5%).

5. Click Place Order.

Example Settings:

- Purchase price: 100,000

- Take Profit (TP): 105,000 (5% profit)

- Stop Loss (SL): 98,000 (2% loss)

- Trailing Stop (TS): 2%

Tips

1. Use technical and fundamental analysis to determine TP and SL prices.

2. Adjust the TP and SL percentages based on the trading strategy.

3. Monitor and adjust TS settings periodically.

4. Use good risk management.

5. When setting TP, SL, and TS must be adjusted to the trading strategy and market conditions.

6. Make sure you understand the risks and benefits before making a transaction.

#BinanceOfficialWebsite

#BinanceAcademy / #BINANCEACADEMY.

#InvestingAdventure #BinanceSquare