Emotions like fear and greed can cloud judgment. Fear may cause premature exits from trades, while greed can lead to overtrading or holding positions too long, hoping for higher profits.
Considerations and Best Practices • Avoid Arbitrary Levels: Setting stop-losses without analysis can lead to premature exits or excessive losses. • Account for Market Conditions: In volatile markets, consider wider stop-losses to prevent being stopped out by normal price fluctuations. • Regularly Review and Adjust: As market conditions and your positions change, reassess your stop-loss levels to ensure they remain appropriate. • Understand Order Types: Be aware of the differences between stop-loss and stop-limit orders. While stop-loss orders guarantee execution, they may do so at unfavorable prices. Stop-limit orders set a specific price but carry the risk of non-execution if the market moves past the limit price .
🚨 Binance Alpha Alert: Your Edge in Crypto Trading 🚨
Stay ahead in the fast-paced crypto market with Binance Alpha Alerts—your real-time source for:  • Instant Notifications on significant price movements and market anomalies. • Early Signals on new token listings and emerging projects. • Whale Activity Insights to track large transactions and market shifts.   
Whether you’re a day trader or a long-term investor, Alpha Alerts provide the timely information you need to make informed decisions. 
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We are excited to introduce a new feature on Binance Square - the Trader Profile! This feature allows you to showcase your PnL and portfolio, giving you a unique platform to highlight successes while engaging with the Square community. By upgrading your account with a verified Trader Profile, users can easily identify credible traders, helping them avoid scams and build confidence in copying trades through transparent trade performance data. In addition, it helps to build credibility for your content and boost your followers. *Please update your app to the latest version to access the new feature. This feature may not be available in your region. How to Enable the Trader Profile Users can turn on the feature on their Square profile page. You can manually select which items you want to grant permission to display. Follow these steps to get started: Visit your Binance Square profile page.Upgrade your account with trader profile, share portfolio, PNL, badges.Share your portfolio or trading performance with the community! Benefits of Enabling the Trader Profile By enabling the Trader Profile, you can enjoy several benefits, including: Identify Credible Traders: Ensure users can identify credible traders and avoid scams. Build Confidence: Transparency in trade performance data builds confidence among users.Build Credibility: Establish credibility for your content and gain followers (readers need to follow you before having access to your trading portfolio).Unlock Exclusive Trader's Badges: Find like-minded individuals with Trader’s Badges, and connect with users who hold the same tokens and exhibit similar trading behaviors.
Frequently Asked Questions (FAQ) Will my trading performance be visible to other users? Yes, only those who follow you on Binance Square will have access to your Trader Profile. However, you can manually select which items you want to grant permission to display. Can I disable the Trader Profile after enabling it? Yes, you can disable the Trader Profile at any time by going to your profile settings.
How to attract more followers to my Trader Profile? You can attract more followers by regularly sharing valuable insights, strategies, and updates on your trading activities using our trading widget tools in the editor. Engage with the community by participating in discussions and providing helpful advice.
The crypto markets are heating up again! • Bitcoin (BTC) is holding steady around $85,000. Analysts are watching key resistance at $85.1k and support at $73k. A breakout could target $133k! • XRP hit a 7-year high above $3, fueled by legal victories and institutional adoption. • Meliuz, a major Brazilian fintech, is moving to add Bitcoin to its treasury—a bold institutional move. • Meanwhile, North Korean hackers stole $1.5B from Bybit, raising security concerns. • In the U.S., crypto regulation is shifting fast under the Trump admin with new stablecoin debates and increased scrutiny on Anchorage Digital Bank.
Bitcoin (BTC): Trading steadily around $84,861, maintaining a range between $83,000 and $85,000. Analysts suggest that if BTC remains above the $73,000 support level, there’s potential for an upward move towards $133,000. #bitcoin #btc $BTC