Are you kidding me with the Binance Shorting signal?
and expect some reward when it succeeds, then when the signal fails what will you give to those who follow you?
Don't make something silly with signals that are only written in long/short form, you also have to provide guidance and charts for the analysis you are doing. Moreover, you don't have a trading portfolio, you are just like a beginner and a stranger trying to get someone into the trap.
Topic: Im good with shorting binance (Read 526 times)
Low leverage is definitely a safe way to trade futures until extreme levels of market volatility occur. From my experience, I have lost as many times in futures trading by trading in low marketcap coins and by trading in new coins. So I think if one wants to start futures trading then he should trade in top marketcap coins with low leverage to minimize the possibility of quick account washout.
When you touch leverage, it is start of nightmare, not a safe journey. Because you begin with low leverage but soon by some ways, you will escalate it and use higher leverage. Sooner or later, you will end with being forced liquidated by exchange because of leverages. It's not an happy ending for everyone with a forced liquidation.Quote
Because futures trading with the plan to get rich overnight will result in losing funds and exiting the market. A trader can stay in the market for a long time if he has proper money management and applies it properly.
With leverages, futures trading types, you will have to pay extra fee than normal trading fee (taker, maker fee) because you will have to make loan to trade with leverage, futures. A longer time you let your position opens, a more extra fee you will have to pay. It will cost you more than with Spot Trading even if your position won't be liquidated.
Shorting crypto is very risky think you should be careful about it . Not every trade will go in your direction personally prefer longing when it comes to cryptocurrencies it is much more profitable for me.
Im good with shorting on binance.
ID like to Open my trading group where followers can donate some rewards afrer few successful signals.
Follow here my short signals to see my work.
Right now i took the short pos MDT/USDT entry: 0.05380$ my tp would be: 0.053$
I know several trading provider groups who charge small monthly fee for providing trading signals. you can do something like that. but finding people who subscribe to your group would take a lot of efforts and time. ID like to Open my trading group where followers can donate some rewards afrer few successful signals.
Follow here my short signals to see my work.
Right now i took the short pos MDT/USDT entry: 0.05380$ my tp would be: 0.053$
You need to prove that your trading signals are accurate by providing them for free.
Not sure about this forum but social media platforms are best for such activities. specially Twitter.
it may help but it is not the best solution for traders. because there are scammers who could make fraud attempts with the signal group.
Im good with shorting on binance.
ID like to Open my trading group where followers can donate some rewards afrer few successful signals.
Follow here my short signals to see my work.
Right now i took the short pos MDT/USDT entry: 0.05380$ my tp would be: 0.053$
I know several trading provider groups who charge small monthly fee for providing trading signals. you can do something like that. but finding people who subscribe to your group would take a lot of efforts and time. ID like to Open my trading group where followers can donate some rewards afrer few successful signals.
Follow here my short signals to see my work.
Right now i took the short pos MDT/USDT entry: 0.05380$ my tp would be: 0.053$
You need to prove that your trading signals are accurate by providing them for free.
Not sure about this forum but social media platforms are best for such activities. specially Twitter.
Low leverage is definitely a safe way to trade futures until extreme levels of market volatility occur. From my experience, I have lost as many times in futures trading by trading in low marketcap coins and by trading in new coins. So I think if one wants to start futures trading then he should trade in top marketcap coins with low leverage to minimize the possibility of quick account washout.
When you touch leverage, it is start of nightmare, not a safe journey. Because you begin with low leverage but soon by some ways, you will escalate it and use higher leverage. Sooner or later, you will end with being forced liquidated by exchange because of leverages. It's not an happy ending for everyone with a forced liquidation.Quote
Because futures trading with the plan to get rich overnight will result in losing funds and exiting the market. A trader can stay in the market for a long time if he has proper money management and applies it properly.
With leverages, futures trading types, you will have to pay extra fee than normal trading fee (taker, maker fee) because you will have to make loan to trade with leverage, futures. A longer time you let your position opens, a more extra fee you will have to pay. It will cost you more than with Spot Trading even if your position won't be liquidated. In futures trading, experienced traders never trade with high leverage, as inexperienced traders use high leverage.
|snip|
Futures trading is so advanced that even experienced traders end up making losses here, because this emotion influences everyone to make wrong decisions. So spot trading is a good option for an investor, because even if a coin is dumped by 20% during the bull market, there is a high chance of recovering it in the spot market, and in futures trading, once it is liquidated, all the funds will be zero.
It's true that many traders lose because of high leverage but sometimes there are moments when prices rise significantly for some seconds and then fall down (this rise is different from spot market prices) and this is the moment when many people, even the ones with very low leverage lose their money.|snip|
Futures trading is so advanced that even experienced traders end up making losses here, because this emotion influences everyone to make wrong decisions. So spot trading is a good option for an investor, because even if a coin is dumped by 20% during the bull market, there is a high chance of recovering it in the spot market, and in futures trading, once it is liquidated, all the funds will be zero.
I think that futures trading is only safer when you use 2x leverage and open a short position with 50%, leaving a room for long position to mitigate loses if price doesn't fall.
Because futures trading with the plan to get rich overnight will result in losing funds and exiting the market. A trader can stay in the market for a long time if he has proper money management and applies it properly.
Taking short trades is very risky. A project doesn't go down long without some major bad news. But a little bit of good news can make a project go a long way . So I think long trade is much better than short trade. Short trades can be taken for a very short time.
There are projects that go down for a long without major bad news, like Zcash, Internet Computer (ICP) and other coins. The reason why short trades is very risky is that sometimes exchanges make unexpected huge price pump and dump to liquidate traders and generate profit as a liquidity providers. That happens often on many coins, even on Bitcoin from my experience on Binance.In futures trading, experienced traders never trade with high leverage, as inexperienced traders use high leverage.
|snip|
Futures trading is so advanced that even experienced traders end up making losses here, because this emotion influences everyone to make wrong decisions. So spot trading is a good option for an investor, because even if a coin is dumped by 20% during the bull market, there is a high chance of recovering it in the spot market, and in futures trading, once it is liquidated, all the funds will be zero.
It's true that many traders lose because of high leverage but sometimes there are moments when prices rise significantly for some seconds and then fall down (this rise is different from spot market prices) and this is the moment when many people, even the ones with very low leverage lose their money.|snip|
Futures trading is so advanced that even experienced traders end up making losses here, because this emotion influences everyone to make wrong decisions. So spot trading is a good option for an investor, because even if a coin is dumped by 20% during the bull market, there is a high chance of recovering it in the spot market, and in futures trading, once it is liquidated, all the funds will be zero.
I think that futures trading is only safer when you use 2x leverage and open a short position with 50%, leaving a room for long position to mitigate loses if price doesn't fall.
Taking short trades is very risky. A project doesn't go down long without some major bad news. But a little bit of good news can make a project go a long way . So I think long trade is much better than short trade. Short trades can be taken for a very short time.
Short trading is always risky as a sudden pump will easily liquidate the position. Futures trading has many advanced places where there is risk in both Short / Long sides, sudden pump as well as sudden dump which liquidate the position before realizing anything. There is a mindset among crypto traders that if one wins a few trades, he becomes overconfident and at some point starts making wrong decisions that result in the loss of his winning trades, profits and capital. So don't consider yourself an expert because of some winning trades without reading Futures trading well. Market makers are very strong they know how to play with traders emotions and liquidate positions.
People without ample knowledge should only stay in the spot trading market and just buy and sell cryptocurrencies for small amounts of profit instead of venturing into markets that they don't understand only to lose their trading capital and then sit and regret.
Futures trading is so advanced that even experienced traders end up making losses here, because this emotion influences everyone to make wrong decisions. So spot trading is a good option for an investor, because even if a coin is dumped by 20% during the bull market, there is a high chance of recovering it in the spot market, and in futures trading, once it is liquidated, all the funds will be zero.
Taking short trades is very risky. A project doesn't go down long without some major bad news. But a little bit of good news can make a project go a long way . So I think long trade is much better than short trade. Short trades can be taken for a very short time.
Short trading is always risky as a sudden pump will easily liquidate the position. Futures trading has many advanced places where there is risk in both Short / Long sides, sudden pump as well as sudden dump which liquidate the position before realizing anything. There is a mindset among crypto traders that if one wins a few trades, he becomes overconfident and at some point starts making wrong decisions that result in the loss of his winning trades, profits and capital. So don't consider yourself an expert because of some winning trades without reading Futures trading well. Market makers are very strong they know how to play with traders emotions and liquidate positions.
People without ample knowledge should only stay in the spot trading market and just buy and sell cryptocurrencies for small amounts of profit instead of venturing into markets that they don't understand only to lose their trading capital and then sit and regret.
So, just wanna ask if there's someone who have come to go with OPs shorting signals and became profitable?
Because no matter what kind of offers will be given in here, I doubt it that many are going to join because everyone is just too tired going on with these signals and groups with the same promises.
Even they're for free and they have that psychology of telling people that they can just donate money after being profitable. I think that there's also the conscience that tells that even if you guys didn't make money as long as you're part of the group, you can donate anytime you wish.
Because no matter what kind of offers will be given in here, I doubt it that many are going to join because everyone is just too tired going on with these signals and groups with the same promises.
Even they're for free and they have that psychology of telling people that they can just donate money after being profitable. I think that there's also the conscience that tells that even if you guys didn't make money as long as you're part of the group, you can donate anytime you wish.
Taking short trades is very risky. A project doesn't go down long without some major bad news. But a little bit of good news can make a project go a long way . So I think long trade is much better than short trade. Short trades can be taken for a very short time.
Short trading is always risky as a sudden pump will easily liquidate the position. Futures trading has many advanced places where there is risk in both Short / Long sides, sudden pump as well as sudden dump which liquidate the position before realizing anything. There is a mindset among crypto traders that if one wins a few trades, he becomes overconfident and at some point starts making wrong decisions that result in the loss of his winning trades, profits and capital. So don't consider yourself an expert because of some winning trades without reading Futures trading well. Market makers are very strong they know how to play with traders emotions and liquidate positions.
You have to be careful if you use short trading, even if you are really good at short trading. During August and until now, market conditions often experience declines and it is good to take the opportunity to make a profit.
This depends on the type of traders he is. If he is a scalper, he may go short position and still lose during bear market. What you said is applicable to swing traders that can wait during losses and let the market to correct itself. But this is also dangerous as the bull market may start at anytime. Also you can open a long position during bear market and still get it right if you are scalping. During bull or bear market, you can still see overbought and oversold market even in 4 hours candles. Although it is good to trade towards the trends.Placing short on bullish market it's a very risky move I think. Even for swing or scalping. However, if it is related to the OP's thread, I don't really have a problem, in this forum what the OP wrote is valid but contains many risks, and these risks should be ready to be accepted by signal followers.
Several other members have repeatedly emphasized regarding signals like this that the risks involved are definitely very large, especially when placing a short position when the market is still bullish.
You have to be careful if you use short trading, even if you are really good at short trading. During August and until now, market conditions often experience declines and it is good to take the opportunity to make a profit.
This depends on the type of traders he is. If he is a scalper, he may go short position and still lose during bear market. What you said is applicable to swing traders that can wait during losses and let the market to correct itself. But this is also dangerous as the bull market may start at anytime. Also you can open a long position during bear market and still get it right if you are scalping. During bull or bear market, you can still see overbought and oversold market even in 4 hours candles. Although it is good to trade towards the trends.
Taking short trades is very risky. A project doesn't go down long without some major bad news. But a little bit of good news can make a project go a long way . So I think long trade is much better than short trade. Short trades can be taken for a very short time.
Im good with shorting on binance.
ID like to Open my trading group where followers can donate some rewards afrer few successful signals.
Follow here my short signals to see my work.
Right now i took the short pos MDT/USDT entry: 0.05380$ my tp would be: 0.053$
ID like to Open my trading group where followers can donate some rewards afrer few successful signals.
Follow here my short signals to see my work.
Right now i took the short pos MDT/USDT entry: 0.05380$ my tp would be: 0.053$
Hmm, haha quiet after a long time least for me, when I've encountered such a topic in the trading discussion. TBH It doesn't seem nice as always promoting the signals services especially here. I always feel like signals are just another type of scam with the newbie traders, and I'm very happy that I've been never part of such a mindset where people rely on the signals an other's analysis an phycology to trade without even knowing about what they are doing.
Where is the proof since you claim to be very experienced with shorting on Binance, how can we believe without proof? also you are a newbie forum member.
It’s just surprising when I see some posts where a newbie creates an account and decide to drop signals. Are you still expecting evidence from the OP? I don’t really trust the OP, from the way he made the post, I know the OP is not really serious and he has other motives. The OP account was created on September 9, 2023. The OP made 5 posts the same day, and he never logs in again. I don’t really know why the OP really joined the forum, but there are other motives behind it. I won’t call the OP a scammer, but the OP is acting like one.I think you are offering your service like paid signal but i do not think here anyone will be interested to buy your paid subscription or donate any rewards.
People on the forum here are not really interested in signal groups, they already know that most signal groups are just fake, they are just looking for money. Signal providers are just very desperate to get people to join their group, which makes it obvious that they are scammers. If the OP is looking for people to join his group, then the OP should search outside the forum for that. I am sure the OP will see newbies who are really desperate to make money from trading and who are not ready to learn. 
If OP is so generous as to create a group where he'll be dropping signals for the members who're interested, then let interested traders give it a shot, it might be useful for them and they can become a team where they share TA. But experienced members on his thread wants to atleast know his precedents in trading and they're asking him to show his trading history, I advice him to do this to convince us that he knows what he's talking about, hopefully it'll convince some of us to join his group, share tips and give rewards from profits.
This topic has been died for a long time, but you decided to raise it( The OP was last active on this forum in September last year, and he has not returned here since. He doesn't seem to be interested in questions that he doesn't have answers to.
Im good with shorting on binance.
ID like to Open my trading group where followers can donate some rewards afrer few successful signals.
Follow here my short signals to see my work.
Right now i took the short pos MDT/USDT entry: 0.05380$ my tp would be: 0.053$
That is pretty good if you intend to create a group for you to drop signals for anybody that is interested to trade along with you. Trading is one thing I fear alot because you might be a successful trader and you decided to create a group to be dropping signals and suddenly, you start making loses that you don't experience before. ID like to Open my trading group where followers can donate some rewards afrer few successful signals.
Follow here my short signals to see my work.
Right now i took the short pos MDT/USDT entry: 0.05380$ my tp would be: 0.053$
Op has decided to create a signal group but I think he need to show us how his trading history is and how good he is in trading. This is convince us to dance to a music for whosoever is interested to use his signal if actually he is profitable for a long time before now.
If OP is so generous as to create a group where he'll be dropping signals for the members who're interested, then let interested traders give it a shot, it might be useful for them and they can become a team where they share TA. But experienced members on his thread wants to atleast know his precedents in trading and they're asking him to show his trading history, I advice him to do this to convince us that he knows what he's talking about, hopefully it'll convince some of us to join his group, share tips and give rewards from profits.
Where is the proof since you claim to be very experienced with shorting on Binance, how can we believe without proof? also you are a newbie forum member.
Don't bother asking him for some proof because basically, he's not going to be back on this thread. He may take a quick peek and see how this thread is doing now if he's concerned and remembers this topic that he's made. But, likely, he's not coming back anymore.I think you are offering your service like paid signal but i do not think here anyone will be interested to buy your paid subscription or donate any rewards.
That's wherever you are, be careful with those people that are proclaiming that they're good traders and yet might show up some sales pitch about their paid signals group or any other trading lessons and courses. If they can make that much money off trading, they don't have to do some side hustles related to it. But I guess that's how it works and that's the formula that we've been seeing to most of these 'experts' and as long as there are customers that they might attract, it is how they're going to make side hustles and sales from their own experiences not as a trader but as a good sales pitcher and marketer. Jump to: