newbietrader
233,253 views
277 Discussing
Hot
Latest
$pippin holding at 0.49144 but dropping 0.48762 a bit undecisive 🤔 what a mess it is in my head right now 😂
#newbieTrader #TradeSignal
#newbieTrader #TradeSignal
$BTC $USDT What a drop to 65.2k but i was expecting it to go down to $64K . I think there will be another drop to that $64K SUPER EXCITED AND PATIENTLY WAITING FOR THAT 🚀 $85K $BTC addict 🤗
#BitcoinGoogleSearchesSurge #newbieTrader #TradingSignals
#BitcoinGoogleSearchesSurge #newbieTrader #TradingSignals
ALL ABOUT DAY TRADING FOR NEWBIES.
Day trading is a popular trading strategy in the markets where traders aim to profit from short term price movements within a single trading day. It involves buying and selling financial instruments, such as stocks like $TSLA , currencies, commodities like $XAU , or cryptocurrencies like $BTC , within the same trading day, with the goal of capitalizing on price volatility.
Here are some key aspects of day trading:
1. Short Term Trading: Day traders open and close positions within the same trading day, and they rarely hold positions overnight. This approach is in contrast to swing trading or long term investing.
2. Capital Requirements: Day traders typically need sufficient capital to trade comfortably, as they aim to take advantage of small price movements. This means having enough funds to cover potential losses and meet margin requirements.
3. Technical Analysis: Day traders often rely on technical analysis to make trading decisions. They use charts, indicators, and patterns to identify potential entry and exit points.
4. Volatility: Day traders seek out assets that exhibit significant price volatility, as these fluctuations provide opportunities for quick profits. Highly liquid assets are also preferred to ensure smooth order execution.
5. Risk Management: Effective risk management is crucial for day traders. This includes setting stop-loss orders to limit potential losses and using proper position sizing.
6. Trading Strategies: Day traders employ various trading strategies, such as scalping, momentum trading, breakout trading, and mean-reversion trading. Each strategy has its own set of rules and objectives.
7. Market Monitoring: Day traders need to closely monitor the markets during trading hours. They often use real-time news, level II quotes, and trading platforms to make informed decisions.
8. Psychological Discipline: Day trading can be emotionally taxing, as traders face the pressure of making quick decisions and managing the stress of financial risk. Maintaining discipline and emotional control is vital.
9. Regulations: Day trading is subject to regulatory rules, including pattern day trading rules in the United States that require traders to maintain a minimum account balance if they make more than a certain number of day trades in a rolling five-day period.
10. Tax Considerations: Tax implications can be significant for day traders, as short-term capital gains are typically taxed at a higher rate than long-term gains. Traders should be aware of tax laws in their jurisdiction.
11. Education and Practice: Novice day traders are encouraged to undergo education and practice on demo accounts before risking real capital. This helps build skills and gain experience without financial risk.
12. Record keeping: Maintaining detailed records of trades is important for assessing performance and tax reporting.
It's important to note that day trading is not suitable for everyone. It requires a solid understanding of the markets, a disciplined approach, access to real-time data, and sufficient capital. Many day traders experience both wins and losses, and it can be financially risky.
Additionally, it's recommended to research and understand the risks and potential rewards before engaging in day trading, and some traders may consider seeking advice or mentorship to improve their trading skills.
What's your thoughts about this teaching? Don't forget to follow me for more educational content 🫶
#TrendingTopic #newbieTrader
Here are some key aspects of day trading:
1. Short Term Trading: Day traders open and close positions within the same trading day, and they rarely hold positions overnight. This approach is in contrast to swing trading or long term investing.
2. Capital Requirements: Day traders typically need sufficient capital to trade comfortably, as they aim to take advantage of small price movements. This means having enough funds to cover potential losses and meet margin requirements.
3. Technical Analysis: Day traders often rely on technical analysis to make trading decisions. They use charts, indicators, and patterns to identify potential entry and exit points.
4. Volatility: Day traders seek out assets that exhibit significant price volatility, as these fluctuations provide opportunities for quick profits. Highly liquid assets are also preferred to ensure smooth order execution.
5. Risk Management: Effective risk management is crucial for day traders. This includes setting stop-loss orders to limit potential losses and using proper position sizing.
6. Trading Strategies: Day traders employ various trading strategies, such as scalping, momentum trading, breakout trading, and mean-reversion trading. Each strategy has its own set of rules and objectives.
7. Market Monitoring: Day traders need to closely monitor the markets during trading hours. They often use real-time news, level II quotes, and trading platforms to make informed decisions.
8. Psychological Discipline: Day trading can be emotionally taxing, as traders face the pressure of making quick decisions and managing the stress of financial risk. Maintaining discipline and emotional control is vital.
9. Regulations: Day trading is subject to regulatory rules, including pattern day trading rules in the United States that require traders to maintain a minimum account balance if they make more than a certain number of day trades in a rolling five-day period.
10. Tax Considerations: Tax implications can be significant for day traders, as short-term capital gains are typically taxed at a higher rate than long-term gains. Traders should be aware of tax laws in their jurisdiction.
11. Education and Practice: Novice day traders are encouraged to undergo education and practice on demo accounts before risking real capital. This helps build skills and gain experience without financial risk.
12. Record keeping: Maintaining detailed records of trades is important for assessing performance and tax reporting.
It's important to note that day trading is not suitable for everyone. It requires a solid understanding of the markets, a disciplined approach, access to real-time data, and sufficient capital. Many day traders experience both wins and losses, and it can be financially risky.
Additionally, it's recommended to research and understand the risks and potential rewards before engaging in day trading, and some traders may consider seeking advice or mentorship to improve their trading skills.
What's your thoughts about this teaching? Don't forget to follow me for more educational content 🫶
#TrendingTopic #newbieTrader
btcJai:
I will follow, ask for help from the financial development channels of trades and continue with the investments, while maintaining security with you!
$XRP $USDT after this big dive ⤵️ waiting for the thrive ✈️ I'm loving this so exciting to be so patient and self controlled making only educated moves.
#PlaySmartNotShady #EducateYourself #RiskAssetsMarketShock #newbieTrader
#PlaySmartNotShady #EducateYourself #RiskAssetsMarketShock #newbieTrader
First Future Trade! 🚀$ELSA $USDT while the dogs were waiting... 🐕🐕
Starting my Binance journey with a small win! ♠️🔱
Just closed out this position, I actually wanted to ride it a bit longer, but duty called—the dogs were at the door and ready for their walk!
I'm 6 weeks in, moving from 0 knowledge.
354km 🏍️ on wheel on the ground other pointing at the sky, just like my charts bullish. Ride or die 🎲
#BinanceFutures #TradingLife #newbieTrader #BinanceSquare #CryptoJourney
Starting my Binance journey with a small win! ♠️🔱
Just closed out this position, I actually wanted to ride it a bit longer, but duty called—the dogs were at the door and ready for their walk!
I'm 6 weeks in, moving from 0 knowledge.
354km 🏍️ on wheel on the ground other pointing at the sky, just like my charts bullish. Ride or die 🎲
#BinanceFutures #TradingLife #newbieTrader #BinanceSquare #CryptoJourney
S
ELSAUSDT
Perp
Closed
PNL
+59.60%
GUYSS 🙋 I JUST BOOKED 🔥 SOME SWEET PROFIT 💰 ON $PNUT 🚀
But 😅 I’m still NEW to this game 📊 — anyone tell me how to CLOSE it properly? 🤔
Learning the ropes but already tasting the wins! 💸
#Crypto #PNUT #Profit #newbieTrader
But 😅 I’m still NEW to this game 📊 — anyone tell me how to CLOSE it properly? 🤔
Learning the ropes but already tasting the wins! 💸
#Crypto #PNUT #Profit #newbieTrader
My Assets Distribution
BNB
USDT
Others
28.46%
27.65%
43.89%
$MEME $AXS $DUSK
I have lost all my money in trading, and right now I do not have any money left to trade.
My small capital has run out.
Maybe this is the last post, because there is nothing else I can do for trading.
#newbieTrader
#Write2Earn
I have lost all my money in trading, and right now I do not have any money left to trade.
My small capital has run out.
Maybe this is the last post, because there is nothing else I can do for trading.
#newbieTrader
#Write2Earn
B
MEMEUSDT
Perp
Closed
PNL
-32.51USDT
👌👌👌👌👌👌
Directional Movement Index (DMI)
What is Directional Movement Index (DMI)?
The Directional Movement Index is a technical indicator that is usually shown below the price chart and compares the recent price with the previous price range.
The Directional Movement Index shows the result as an upward or positive directional indicator (+DI or +DMI) and a downward or negative directional indicator (-DI or -DMI).
The Directional Movement Index is used for calculating the upward or downward movement strength and shows the trend strength line known as the Average Directional Index or ADX.
How to use Directional Movement Index in trading?1. Using +DI and -DI:
When the +DI line is higher than the -DI line, then the market is said to be trending upwards, and traders can take a long trade.
If +DI is far above -DI, it indicates a strong upward trend. If -DI is far above +DI, the price trend is strongly moving downwards.
2. Using ADX:
When the ADX line is over 25 then the market is said to be trending and ranging if the ADX line is under 25.
Sometimes many traders also consider the market is trending when ADX is above 20 ADX and non-trending for below 20.
An ADX reading above 25 signifies a strong trend whereas below ADX 25 signifies that there is no strong trend, and the price is moving sideways.
To trade trends the ADX reading should be over 25 or 20 and the ADX reading should be lower than 20 for trading a ranging strategy.
3. Using +DI, -DI, and ADX:
Traders can also collectively use +DI, -DI, and ADX as well as individually for trading purposes.
Some traders may only analyse ADX for analysing the strength of the trend, whereas some traders may analyse only the direction movement lines of the DMI for analysing the direction of price movement.
#tadertip
#newbieTrader
#zero2master
#Indicators
Directional Movement Index (DMI)
What is Directional Movement Index (DMI)?
The Directional Movement Index is a technical indicator that is usually shown below the price chart and compares the recent price with the previous price range.
The Directional Movement Index shows the result as an upward or positive directional indicator (+DI or +DMI) and a downward or negative directional indicator (-DI or -DMI).
The Directional Movement Index is used for calculating the upward or downward movement strength and shows the trend strength line known as the Average Directional Index or ADX.
How to use Directional Movement Index in trading?1. Using +DI and -DI:
When the +DI line is higher than the -DI line, then the market is said to be trending upwards, and traders can take a long trade.
If +DI is far above -DI, it indicates a strong upward trend. If -DI is far above +DI, the price trend is strongly moving downwards.
2. Using ADX:
When the ADX line is over 25 then the market is said to be trending and ranging if the ADX line is under 25.
Sometimes many traders also consider the market is trending when ADX is above 20 ADX and non-trending for below 20.
An ADX reading above 25 signifies a strong trend whereas below ADX 25 signifies that there is no strong trend, and the price is moving sideways.
To trade trends the ADX reading should be over 25 or 20 and the ADX reading should be lower than 20 for trading a ranging strategy.
3. Using +DI, -DI, and ADX:
Traders can also collectively use +DI, -DI, and ADX as well as individually for trading purposes.
Some traders may only analyse ADX for analysing the strength of the trend, whereas some traders may analyse only the direction movement lines of the DMI for analysing the direction of price movement.
#tadertip
#newbieTrader
#zero2master
#Indicators
💡 4 Years of Crypto Trading Experience: My Advice to Beginners
If you’re new to the world of crypto, the journey can be exciting but also full of risks. Having traded crypto for over 8 years, I’ve seen it all—the highs, the lows, and the pitfalls. Here’s my golden advice for beginners:
Focus on Spot Trading, Not Futures Trading 🚫
Many influencers promote futures trading, but here’s the truth:
High Risk: Futures trading can lead to massive losses if you don’t manage risks properly. Even small mistakes can wipe out your entire account.
Liquidation Danger: Futures trading is leveraged, meaning the potential for liquidation is high. Your hard-earned money can disappear in moments.
Why Spot Trading Is Safer ✅
No Risk of Liquidation: With spot trading, you own the coins outright. Even if the market dips, you have the chance to hold and recover.
Steady Profits: You can make consistent profits, such as $30 to $80, by trading good coins without the fear of losing everything.
Less Stressful: You’re not racing against time or market volatility like in futures.
Pro Tip: Invest in Reliable Coins 🪙
Focus on coins with a strong track record and future potential. Avoid chasing hype or “pump and dump” schemes. A solid portfolio grows steadily over time.
Final Words ✨
Crypto trading is not about getting rich overnight—it’s about building wealth steadily and smartly. If you’re just starting, avoid futures trading. Stick to spot trading, manage your risks, and educate yourself constantly.
Remember: The market rewards patience and strategy, not reckless risks.
Trade smart, stay safe! 🚀
#CryptoTrading #SpotTrading #BeginnersTips #CryptoAdvice
If you’re new to the world of crypto, the journey can be exciting but also full of risks. Having traded crypto for over 8 years, I’ve seen it all—the highs, the lows, and the pitfalls. Here’s my golden advice for beginners:
Focus on Spot Trading, Not Futures Trading 🚫
Many influencers promote futures trading, but here’s the truth:
High Risk: Futures trading can lead to massive losses if you don’t manage risks properly. Even small mistakes can wipe out your entire account.
Liquidation Danger: Futures trading is leveraged, meaning the potential for liquidation is high. Your hard-earned money can disappear in moments.
Why Spot Trading Is Safer ✅
No Risk of Liquidation: With spot trading, you own the coins outright. Even if the market dips, you have the chance to hold and recover.
Steady Profits: You can make consistent profits, such as $30 to $80, by trading good coins without the fear of losing everything.
Less Stressful: You’re not racing against time or market volatility like in futures.
Pro Tip: Invest in Reliable Coins 🪙
Focus on coins with a strong track record and future potential. Avoid chasing hype or “pump and dump” schemes. A solid portfolio grows steadily over time.
Final Words ✨
Crypto trading is not about getting rich overnight—it’s about building wealth steadily and smartly. If you’re just starting, avoid futures trading. Stick to spot trading, manage your risks, and educate yourself constantly.
Remember: The market rewards patience and strategy, not reckless risks.
Trade smart, stay safe! 🚀
#CryptoTrading #SpotTrading #BeginnersTips #CryptoAdvice
#newbieTrader
join futures and get 5000usdt on binance
,,🔥🔥🤙🏻😎https://www.marketwebb.green/activity/trading-competition/futures-newbie-april?ref=KIJ28ZQO
join futures and get 5000usdt on binance
,,🔥🔥🤙🏻😎https://www.marketwebb.green/activity/trading-competition/futures-newbie-april?ref=KIJ28ZQO
🚨 New to Binance? Don’t Burn Your Wallet on Day One! 🚨
Hey fam, I see too many newcomers jumping into trades like it’s a casino 🎰. Let’s get real — crypto isn’t just about chasing pumps and FOMO. If you wanna stay in the game and not be another wrecked account, follow these simple survival rules 👇
🔥 1. Never Trade Without a Plan
Don’t just buy because your buddy said so or Twitter’s hyped. Set a clear entry, take profit, and stop-loss before clicking that button.
🔥 2. Risk Only What You Can Afford to Lose
Sounds basic? Because it is. Don’t throw your rent money into a meme coin hoping for a x10 overnight. Stay smart.
🔥 3. Start Small, Learn the Moves
Forget futures with 50x leverage if you don’t even know how spot works. Start small, learn how the market moves, then slowly scale up.
🔥 4. Watch the Whales & Trends
Crypto isn’t random. Smart money leaves traces — track volume spikes, on-chain data, and whale wallets. Tools like CoinMarketCap, Dextools and Binance Trends help you see the heat.
🔥 5. Take Profits, Always
Greed kills more traders than losses. When your target’s hit — take profits. No shame in pocketing gains.
💡 Bonus Tip: Follow trusted creators in the community (you know who we are 😉), learn from their mistakes and wins.
Welcome to crypto — it’s wild, it’s ruthless, but if you play smart, you’ll thrive 💪🚀
#BinanceFeed #CryptoTips #TradeSmart #CryptoWisdom #newbieTrader
Hey fam, I see too many newcomers jumping into trades like it’s a casino 🎰. Let’s get real — crypto isn’t just about chasing pumps and FOMO. If you wanna stay in the game and not be another wrecked account, follow these simple survival rules 👇
🔥 1. Never Trade Without a Plan
Don’t just buy because your buddy said so or Twitter’s hyped. Set a clear entry, take profit, and stop-loss before clicking that button.
🔥 2. Risk Only What You Can Afford to Lose
Sounds basic? Because it is. Don’t throw your rent money into a meme coin hoping for a x10 overnight. Stay smart.
🔥 3. Start Small, Learn the Moves
Forget futures with 50x leverage if you don’t even know how spot works. Start small, learn how the market moves, then slowly scale up.
🔥 4. Watch the Whales & Trends
Crypto isn’t random. Smart money leaves traces — track volume spikes, on-chain data, and whale wallets. Tools like CoinMarketCap, Dextools and Binance Trends help you see the heat.
🔥 5. Take Profits, Always
Greed kills more traders than losses. When your target’s hit — take profits. No shame in pocketing gains.
💡 Bonus Tip: Follow trusted creators in the community (you know who we are 😉), learn from their mistakes and wins.
Welcome to crypto — it’s wild, it’s ruthless, but if you play smart, you’ll thrive 💪🚀
#BinanceFeed #CryptoTips #TradeSmart #CryptoWisdom #newbieTrader
Recent Trades
0 trades
PEPE/USDT
A literal nightmare to trade in any other coins except the poster childs $BNB $BTC $ETH of binance for a newbie... Hit and miss...🤦♂️🤦♂️🤦♂️
#newbieTrader
#newbieTrader
#Write2Earn In #Binance limit trading we see short term trading is rewarding for newbie traders . If they can have focus on gainers or losers column trading then they can have minor chunks but it's definitely a rewarding one in short term trading for High volume traders. So #newbieTrader give a try using gainers or losers section in multiple trades daily . Definitely there's a good chance of success in this trade.
Hello
Just one you know before you trade on any coin make a good research about the coin.
As a newbie to trading I made countless blind mistakes that are almost made me quit trading. I had great losses.
Things I would have done differently if I was well informed:🧐🧐🧐
1: I would pay for a class to understand what trading is all about before going into trading
2: I would have taken a well detailed observation about the coin I want one buy.
3: I would have reached out to trusted trading pros for guidance.
So of you are a newbie to binance or to trading, trade wisely people who make it here are people who trade wisely and are willing to take calculated risk. 🤑🤑🤑
#TradingTales #newbieTrader #TradingCommunity #Binance
Just one you know before you trade on any coin make a good research about the coin.
As a newbie to trading I made countless blind mistakes that are almost made me quit trading. I had great losses.
Things I would have done differently if I was well informed:🧐🧐🧐
1: I would pay for a class to understand what trading is all about before going into trading
2: I would have taken a well detailed observation about the coin I want one buy.
3: I would have reached out to trusted trading pros for guidance.
So of you are a newbie to binance or to trading, trade wisely people who make it here are people who trade wisely and are willing to take calculated risk. 🤑🤑🤑
#TradingTales #newbieTrader #TradingCommunity #Binance
Hi
I am new on Binance and no, not looking for advise.. Yet
Just feel telling my story as I am sure there are plenty of newbies here in a similar situation
I needed Binance to transfer money to some super shady scheme whick, lucky for me, didn't lose money (didn't make either) so at the same time I checked out Binance.
I am a super careful investor and just seeing that when you have money on"earn" makes a lot more interest than in a bank account makes me happy
So my advise for entry level investors, keep your money in earn and even if you do nothing..it makes money
My second advise is start small, it is a roller coaster ride to buy your first Krypto.. I bought #LagrangnOfficial $ as my first krypto and of course it was not the ideal moment, it went down and I see the money dwindling.. Not much as I bought 5$ but still one is glued to the screen.. And I stick to my goal of when I will sell it.. Till then I keep it.. At least that is the plan#newbieTrader
Lastly don't invest money you don't have, don't expect to be rich overnight and start exploring bit by bit
More of my journey (to become rich😎) will follow
I am new on Binance and no, not looking for advise.. Yet
Just feel telling my story as I am sure there are plenty of newbies here in a similar situation
I needed Binance to transfer money to some super shady scheme whick, lucky for me, didn't lose money (didn't make either) so at the same time I checked out Binance.
I am a super careful investor and just seeing that when you have money on"earn" makes a lot more interest than in a bank account makes me happy
So my advise for entry level investors, keep your money in earn and even if you do nothing..it makes money
My second advise is start small, it is a roller coaster ride to buy your first Krypto.. I bought #LagrangnOfficial $ as my first krypto and of course it was not the ideal moment, it went down and I see the money dwindling.. Not much as I bought 5$ but still one is glued to the screen.. And I stick to my goal of when I will sell it.. Till then I keep it.. At least that is the plan#newbieTrader
Lastly don't invest money you don't have, don't expect to be rich overnight and start exploring bit by bit
More of my journey (to become rich😎) will follow
B
LA/USDT
Price
0.4273
Alright, so this just happened - newbie just panicking over his first pennybag coing down 🥲
Will anyone pnease tell me this is normal in crypto and let every newbie here know that this is just temporary and nothing to worry about? 🔴
What do you think? Will #SUİ go up again? 🤓 or can we expect it to get worse anytime soon?
#newbieTrader $USDC $SUI
Will anyone pnease tell me this is normal in crypto and let every newbie here know that this is just temporary and nothing to worry about? 🔴
What do you think? Will #SUİ go up again? 🤓 or can we expect it to get worse anytime soon?
#newbieTrader $USDC $SUI
B
SUI/USDC
Price
3.9405
Hi everyone! New to trading and not really financially savvy, just joined maybe two weeks ago. Still trying to figure out the market. I know nothing really is assured but just wondering how market speculatoon works. E.g when i joined, $SOL was 175, and now its at 200+. What would make me think itll go up or down? What should i be looking out for? So far i have tried to start out small with the more known assets($BTC $ETH sol and bnb). Is that a good strategy? #help #newbieTrader
Login to explore more contents