This coin has been behaving like a traffic light. I took the photo moments ago when it was green and now it’s red again.
Not worried though. I am holding this for a week or so. The fee might be my biggest headache otherwise I think I am good. I checked the funding fee, it's not a lot (At least for now). Will have to keep an eye on that.
Worst case scenario, my SL will get triggered. But nothing more than that.
Going short, will hold this coin for some time. I usually trade a coin for few minutes. This one is for a long game. Fairly unknown. Loved it’s pattern, buy-sell ratio looks good. Overall seemed good for a small profit. TP/SL is set. Didn’t use a big margin. And a moderate leverage to make sure, I don’t have to worry about the liquidity.
Finally found a coin of my choice. I could be wrong but I am going for it. PUFFERUSDT might give me a good profit or big loss. I will hold for a few days. Let's see what happens. I have put TP/SL.
Don't copy me. Study and decide for yourself. And always be ready to take a loss. I am ready to take somewhat of a big loss in this one.
If SL triggers, I will lose about 1/4 of my wallet. But, it will not affect me that much. I will still be able to trade somewhere else.
And I turned 20$ into 100$. So if I lose 20$/30$ in this trade, it will be from the bonus not from my capital.
I am not sure as to how I managed to get out with a profit in that trade. That V shape should not be there, at least not right now. I started the trade before the price went down, I closed halfway through cause something didn't feel right. And would you look at that, I survived. $SOPH
I have never predicted a coin more perfectly than this. I started right before that downward slope. I was going for a few minutes trade. Glad it worked.
Managed to earn enough by scalping all day long. Couldn’t find a decent coin to hold on for a long time today, maybe except for $FARTCOIN.
I was trying a new study on $SOPH It wasn’t exactly for the profit but to see if I can study it properly. First test was a success I would say.
Opened another trade on $SOPH Going short this time. Will do a small trade. I have put TP/SL already but will change it depending on the situation. Let's see what happens.
I am going short on #FARTCOINUSDT with a very small leverage and going long on #LAUSDT with a somewhat small leverage.
I will let Fartcoin run for the day. TP/SL is set and I am happy with particular coin. As for LA, I lost some money on it previously. I would like to think that I have joined in the trade at a good time but can't say for sure. But with the this leverage, I am not worried too much.
Most probably my final trade of the day. Didn’t have a good day today. Didn't lose any money but couldn’t earn anything either. Giving this a final try.
I won't suggest copying me. I am honestly not sure about this one. Just want to finish with something. So kinda giving it a try. I usually share my trade live so that's why I am posting it. That's all.
Hope you guys have a better day. I will see you guys tomorrow.
Keeping an eye on this coin. Might give me an opportunity to earn a good amount by going short at the right time.
I have previously traded this coin so I am kinda familiar with this. Obviously I am not totally sure but hopefully when I go in, the call will be right.
Long/short ratio looks stable atm so I am not too worried. It isn’t indicating any sudden changes. It will probably move smoothly no sudden drop or sudden rise. Unless some big players enters the field.
First of all I would like to say that I am not fully sure about this one. The only reason I went 20x is because the profit/loss margin is too small. As I have said before, I am scalping today. Can't find anything to make big profit like previous two days.
I have went long on #1000PEPEUSDT I couldn’t find a coin of my choice today. So I am back to scalping. Will invest small and take small profit today. No big ones like last two days. Going well so far.
I expected it. I talked about this coin, couple of hours ago. It has been rising for last few days. But today it was rising suddenly. It was jumping like a rabbit.
Hence, like many other coins in the past few weeks, this one fell on it’s knee. Another rug pull and a lot of loss.
This is why it’s better to stay away from the trend. And always use SL in Future, if you are doing future trades. Cause sudden drop like this will always be heartbreaking.
This coin has been going up steadily for sometime now. As much as I would love to trade in Future, I am still not sure about it. It feels too good to be true.
The long/short ratio is around less than 1 at the moment. That means more people are going short than long at this moment.
Today's growth has been particularly strong. The way it’s going at the moment, it might reach 4$ by tomorrow.
So, it doesn’t exactly make sense. If it’s being increased intentionally by the big ones than there might be a big sell coming.
Going short when that happens will definitely be a good idea. But if I go long now and it falls (Just like a lot of other coins in last couple of weeks), the loss will be huge.
I don’t think a new party will solve the problem. Take Germany for example. So many different parties but still they are either right or left. No party can be perfectly central. To get votes, they will always go either right or left.
So a lot of you guys probably have seen this #CEXvsDEX101 a lot in your feed. I will try my best to describe it in simple words.
CexvsDex on Binance is a fun way to compare two types of places where you can trade cryptocurrencies, like digital money!
Imagine a toy store, A CEX (Centralized Exchange) is like a big toy store where a friendly manager helps you buy and sell toys. The store keeps your toys safe for you, but you have to trust the manager.
On the other hand, a DEX (Decentralized Exchange) is like a toy swap meet in a park. You trade toys directly with your friends without a manager. It's a bit more wild, so you need to be careful and make sure you trade safely.
CexvsDex helps you see the differences and choose where you want to trade your digital toys!
But in this case, we are not dealing with toys but actual money.
$BTC gave me the highest profit. $ETH is still ongoing. $SOL has potential to give me a good profit.
Made around 10$ today. Ongoing trade might give me 10$ more. But I am pretty much done for the day. Will take a look at the market every now and then, but happy with the profit.
Yesterday, I made around 20$, today around 10$.
Hard to believe that I started with 20$, only two weeks ago. Now I have 110$, pretty much with 0 risk taken.
I have been studying each section of Binance so I will share what I have learned so far.
Top Trader Long/Short Ratio (By Accounts)
- This ratio shows how many top traders on Binance Futures are long vs. short.
If, Ratio > 1 = More longs (bullish). If, Ratio < 1 = More shorts (bearish).
How to Use It: ✅ Extreme highs (>2), Might reverse (sell). ✅ Extreme lows (<0.5), Might bounce (buy). ✅ Combine with price action & volume for better signals.
This isn’t always going to be correct. You have to bring in a lot of other factors to be more accurate. But, this has helped me a lot during my trades. I usually use 6/7 different kinds of data on average before selecting a trade. And, I still lose money in 1 out of 8 trades. So, be cautious. You need to be careful about your leverage, margin and timing. That’s all.
Don’t copy. I share my trade right away so that you can study and decide for yourself. My Margin, liquidity level will be different than yours. And if my SL triggers, it won't cause me a big loss or anything. So make sure you can take the loss before entering this trade.