3. What do you mean by 1/2% risk? I noticed that it is not rightly written as it should be in the world of trading.
I'm not quite sure seems OP talking about the capital and the wager amount he will commit every trades he will made..
Topic: My trading diary on Binance (Read 434 times)
Seems this will become a long thread if you keep sharing your story here I guess it's more ideal if you make a feed back with your trading wins and losses this could be more. beneficial to others like added with the indicators and strategy youve been used so it's more beneficial to other members too.
I'm not quite sure seems OP talking about the capital and the wager amount he will commit every trades he will made..
I'm not quite sure seems OP talking about the capital and the wager amount he will commit every trades he will made..
Hi everyone, I want to keep my trading diary / sometimes just post trading setups ideas. The goal is to learn, to instill discipline, to become a consistently successful trader.
I trade on Binance - 1/2% risk no more than 1 trade.
If you use my trading ideas - do it at your own risk, I am not responsible.
Oh, nice and I wish you good luck on that. I wanted to do a thing like this when I newly joined the forum but the discouragement witnessed from people as a new user made me abandon it. One of my goals was to prove to people that trading is indeed profitable but since I wasn't well noticed then, you know Bitcointalk users, they started their discouraging talk. I hope you push it through.I trade on Binance - 1/2% risk no more than 1 trade.
If you use my trading ideas - do it at your own risk, I am not responsible.
But before I go, I like to ask you a few questions;
1. Since when have you been trading?
2. When have you been trading with this particular strategy/plan?
3. What do you mean by 1/2% risk? I noticed that it is not rightly written as it should be in the world of trading.
TRADE №2
TRADE №1 result: TP, +2%
P.S. I will answer questions a little later. Thanks
- Analysis: https://www.tradingview.com/chart/WLDUSDT/M0PDCwLA-WLD-USDT-Immediate-Market-Entry-After-Support-Bounce-1-2-R-RWL/
- Entry: Market Order
- Risk: 1%
- R/R: 1/2
So, memcoins are on the rumor mill right now...PEPE looks like it could start a runaway rise...or will there be a correction after all?
If there will be a correction, then PEPE liquidity may spill over from PEPE into Tier-2 memcoins...maybe BONK, WIF.
Ok, then here is my first trade idea on BONK.
TRADE №1
If there will be a correction, then PEPE liquidity may spill over from PEPE into Tier-2 memcoins...maybe BONK, WIF.
Ok, then here is my first trade idea on BONK.
TRADE №1
- Analysis: https://www.tradingview.com/chart/BONKUSDT/MvcxhfaF-BONK-USDT-Targeting-Upside-Breakout-Buy-Stop-at-0-00003700/
- Entry: Buy Stop at 3700
- Risk: 1%
- R/R: 1/2
TRADE №1 result: TP, +2%
P.S. I will answer questions a little later. Thanks
TRADE №2 result: SL, -1%
TRADE №3
- Analysis: https://www.tradingview.com/chart/OMUSDT/yBRuT5XE-OM-USDT-Buy-Stop-at-0-9750-on-Consolidation-Breakout-1-2-R-R/
- Entry: Buy Stop at 0.9750
- Risk: 1%
- R/R: 1/2
https://www.talkimg.com/images/2024/06/09/cEVx1.png
I'll update the 1st post in this thread to contain all the trades and summary a bit later. Thanks!
TRADE №3 result: SL, -1%
TRADE №2
TRADE №1 result: TP, +2%
P.S. I will answer questions a little later. Thanks
- Analysis: https://www.tradingview.com/chart/WLDUSDT/M0PDCwLA-WLD-USDT-Immediate-Market-Entry-After-Support-Bounce-1-2-R-RWL/
- Entry: Market Order
- Risk: 1%
- R/R: 1/2
So, memcoins are on the rumor mill right now...PEPE looks like it could start a runaway rise...or will there be a correction after all?
If there will be a correction, then PEPE liquidity may spill over from PEPE into Tier-2 memcoins...maybe BONK, WIF.
Ok, then here is my first trade idea on BONK.
TRADE №1
If there will be a correction, then PEPE liquidity may spill over from PEPE into Tier-2 memcoins...maybe BONK, WIF.
Ok, then here is my first trade idea on BONK.
TRADE №1
- Analysis: https://www.tradingview.com/chart/BONKUSDT/MvcxhfaF-BONK-USDT-Targeting-Upside-Breakout-Buy-Stop-at-0-00003700/
- Entry: Buy Stop at 3700
- Risk: 1%
- R/R: 1/2
TRADE №1 result: TP, +2%
P.S. I will answer questions a little later. Thanks
TRADE №2 result: SL, -1%
TRADE №3
- Analysis: https://www.tradingview.com/chart/OMUSDT/yBRuT5XE-OM-USDT-Buy-Stop-at-0-9750-on-Consolidation-Breakout-1-2-R-R/
- Entry: Buy Stop at 0.9750
- Risk: 1%
- R/R: 1/2
https://www.talkimg.com/images/2024/06/09/cEVx1.png
I'll update the 1st post in this thread to contain all the trades and summary a bit later. Thanks!
Hi everyone, I want to keep my trading diary / sometimes just post trading setups ideas. The goal is to learn, to instill discipline, to become a consistently successful trader.
I trade on Binance - 1/2% risk no more than 1 trade.
If you use my trading ideas - do it at your own risk, I am not responsible.
Let's go!!!
I trade on Binance - 1/2% risk no more than 1 trade.
If you use my trading ideas - do it at your own risk, I am not responsible.
Let's go!!!
That's awesome to have our daily log and monitoring of trading as part of diaries we had. Good thing to know that you've minimized your risk on that certain stage of trading, not all traders could initiate that ideas.
Even myself attempted to trade with binance previously but it seems that their environment doesn't fit with my preference. However, I found the best spot with Kucoin where I got reliable and consistent returns with minimal gains is considered profitable even though it's not that huge compared with other rich and wealthy traders.
Hi everyone, I want to keep my trading diary / sometimes just post trading setups ideas. The goal is to learn, to instill discipline, to become a consistently successful trader.
I trade on Binance - 1/2% risk no more than 1 trade.
If you use my trading ideas - do it at your own risk, I am not responsible.
Let's go!!!
Is there anyone who wants to use your trading ideas at this time? I think that even if there is, that person also has his own thoughts which he will carry out by combining several ideas from other people because completely using other people's ideas is still not necessarily good for some trades, especially if the options being traded are not the same. You can carry out your own ideas without having to worry about other people's risks because in any trade, each person has bound himself to be responsible for what he does. So trade wisely and there is no need to talk about responsibility because it is everyone's obligation. I trade on Binance - 1/2% risk no more than 1 trade.
If you use my trading ideas - do it at your own risk, I am not responsible.
Let's go!!!
Hi everyone, I want to keep my trading diary / sometimes just post trading setups ideas. The goal is to learn, to instill discipline, to become a consistently successful trader.
I trade on Binance - 1/2% risk no more than 1 trade.
If you use my trading ideas - do it at your own risk, I am not responsible.
Let's go!!!
OP, I appreciate your effort to create some kind of story or trading notes here, but it would be better if you made those notes personally first. For example, a trading target of 1 to 2 months with complete records of both losses and profits. After that, evaluate and learn various techniques, and if you feel that your trading records have been carefully filtered then please share them publicly. because that way you won't be in a rush in the trading process considering that this thread will be easy for beginners to consume even though their trading size is different from yours, but if you swallow it whole it could be detrimental to other people. Your initial goal of sharing good experiences, could end up harming other people. I trade on Binance - 1/2% risk no more than 1 trade.
If you use my trading ideas - do it at your own risk, I am not responsible.
Let's go!!!
Hmm, so where I said it's only for the newbies, and where I said senior that I don't know about risk management can you please mention it was a comment to highlight the prominent factors that every newbie should acknowledge because most of them ignore it [...]
I can reassure you, you didn't just refer to newbies anywhere 
But I wanted to emphasize once again that risk management is extremely important. After reading your lines, one might otherwise get the impression that risk management is less relevant the more experience you have, but that's not the case. On the contrary: experienced traders attach great importance to risk planning and risk management.
Hmm, Yup I got it, thanks a lot for the explanation seems like I was impulsive haha anyway risk management was a concept I've got after making a lot of mistakes, in my early times so I was quite conscious after reading OP and about his ideas, because sometimes when newbies consider someone their mentor they blindly follow him without even considering the development of their skills.
Yes, if you make a mistake and lose in trading, you can learn about that mistake and learn the right things. So in the case of trading, you have to take risk and continue trading by accepting risk and loss. By analyzing trading charts it is possible to make an accurate prediction and profit from trading but not 100% guaranteed. so there is always risk. no trader can ever trade risk free.
There may be mistakes while learning trading, but the more mistakes you make while trading, the more you can learn. And if you don't try to learn something new after making mistakes, you won't be able to do well in trading. There will be a risk of losing everything while trading. Everyone is doing trading. Our Wuching help those who want to start trading in a new way by giving good advice so that newbies can gain good experience about trading.The standard mistakes of newcomers (adding capital to poorly performing trades, for example) should never be learned in a phase where you are already using real money. Procedures such as paper trading are very suitable here. This involves trading normally in the market, but either using play money (some apps provide this) or recording the trades in an Excel file.
This allows you to get to know yourself and your own market reactions very well, but you don't lose any money in the process.
Hi everyone, I want to keep my trading diary / sometimes just post trading setups ideas. The goal is to learn, to instill discipline, to become a consistently successful trader.
I trade on Binance - 1/2% risk no more than 1 trade.
If you use my trading ideas - do it at your own risk, I am not responsible.
Let's go!!!
Are you directing us to where you post your trading idea because what you have posted has no information in it? The only thing I picked from your post is that you employ 1/2% per trade and 1 trade per day, how does this unclear information help a trader? Well, if this work for you and you are able to master your strategy so well that that single trade is able to allow you meet your trading objectives, then fine. I trade on Binance - 1/2% risk no more than 1 trade.
If you use my trading ideas - do it at your own risk, I am not responsible.
Let's go!!!
As for me, I don't see the point of a single trade per day, that will make you ignore the probabilistic aspect of trading because you will want to be so perfect, and this will be the beginning of mistakes. As for me I target three to five traders per day and ensure my win rate is at least 50% and that will put me in profits for the day.
Hi everyone, I want to keep my trading diary / sometimes just post trading setups ideas. The goal is to learn, to instill discipline, to become a consistently successful trader.
I trade on Binance - 1/2% risk no more than 1 trade.
If you use my trading ideas - do it at your own risk, I am not responsible.
Let's go!!!
this is a good strategy but then i think it isn't very profitable because a consistent loss of about three trades may lead to you getting more loses than you would profit hence putting pressure on your mind to trade which in the long run will get you to loosing your account or totally liquidate but then if you eventually have a better strategy that gives you 1: 3 that can be considered a very good strategy because if you sample three trades and eventually win just two and loose three of the trades, its enough and eventually making for your losses so you don't really actually get to really loose even amidst loses because your wins are enough to make up and cover for your losses.I trade on Binance - 1/2% risk no more than 1 trade.
If you use my trading ideas - do it at your own risk, I am not responsible.
Let's go!!!
Trading is basically fort the purpose of making profits so if your are not making profits then you shouldn't be trading or probably quit for awhile to sharpen your skill and make sure you are coming back with a better strategy that should be making you profits more than with the previous else you should further thing of improving in how much information you have got about trading so you don't keep loosing your funds to trading.
Yes, if you make a mistake and lose in trading, you can learn about that mistake and learn the right things. So in the case of trading, you have to take risk and continue trading by accepting risk and loss. By analyzing trading charts it is possible to make an accurate prediction and profit from trading but not 100% guaranteed. so there is always risk. no trader can ever trade risk free.
There may be mistakes while learning trading, but the more mistakes you make while trading, the more you can learn. And if you don't try to learn something new after making mistakes, you won't be able to do well in trading. There will be a risk of losing everything while trading. Everyone is doing trading. Our Wuching help those who want to start trading in a new way by giving good advice so that newbies can gain good experience about trading. 
Hmm, so where I said it's only for the newbies, and where I said senior that I don't know about risk management can you please mention it was a comment to highlight the prominent factors that every newbie should acknowledge because most of them ignore it [...]
I can reassure you, you didn't just refer to newbies anywhere But I wanted to emphasize once again that risk management is extremely important. After reading your lines, one might otherwise get the impression that risk management is less relevant the more experience you have, but that's not the case. On the contrary: experienced traders attach great importance to risk planning and risk management.
Hmm, Yup I got it, thanks a lot for the explanation seems like I was impulsive haha anyway risk management was a concept I've got after making a lot of mistakes, in my early times so I was quite conscious after reading OP and about his ideas, because sometimes when newbies consider someone their mentor they blindly follow him without even considering the development of their skills.
Hey OP I noticed you posted your first trade and that it already is hit target. You did great, posted the actual trade but maybe use TalkIMG.com as suggested by another member, to save these screenshots.
Good to put your RR and Remember my suggestion, but even better is.
Entry price as mentioned, but how much units? And what is the exit?
And your reason behind the idea too.
I know the chart explains it already but better to just list everything out in your Trade post here since we can all read, bankroll, actual units amount, then easy to compare later. This is much better than just % IMO. So start the bankroll count, and after every exit update, in both units and %
GL! Keep going!
Good to put your RR and Remember my suggestion, but even better is.
Entry price as mentioned, but how much units? And what is the exit?
And your reason behind the idea too.I know the chart explains it already but better to just list everything out in your Trade post here since we can all read, bankroll, actual units amount, then easy to compare later. This is much better than just % IMO. So start the bankroll count, and after every exit update, in both units and %
GL! Keep going!
As long as we are still beginners, this is not an important problem because we can turn mistakes into very important experiences. The hope is that when we have experiences like this, in the future the same mistakes will not be repeated. Those who are currently professional traders certainly have a lot of experience from various kinds of mistakes they have made in the past.
I think it's kind of funny that for the first time ever, I'm posting my third reply on the same thread. Even though I know there's nothing wrong with that, I usually respond late anyway. Why are mistakes important? Most people give suggestions or recommendations, but they don't always follow them themselves—they just pretend to be pros. These mistakes make them realize they should practice what they preach. I've encountered many members like this, and I've made similar mistakes in the past.
When managing live trades, I used to tell everyone never to go all in. But early on in the forum, I was probably an SR member, and there was a coin I was highly bullish on because of YouTube influencers and the hype wave. At that time, I ignored all my trading rules and adopted an all-in strategy. It ended up being a waste of time and funds, with only a pretty average profit in the end. The most valuable lessons come from our blunders and mistakes, but only if we really acknowledge them and implement the learnings in our plans of action.
Hmm, so where I said it's only for the newbies, and where I said senior that I don't know about risk management can you please mention it was a comment to highlight the prominent factors that every newbie should acknowledge because most of them ignore it [...]
I can reassure you, you didn't just refer to newbies anywhere But I wanted to emphasize once again that risk management is extremely important. After reading your lines, one might otherwise get the impression that risk management is less relevant the more experience you have, but that's not the case. On the contrary: experienced traders attach great importance to risk planning and risk management.
Hmm, Yup I got it, thanks a lot for the explanation seems like I was impulsive haha anyway risk management was a concept I've got after making a lot of mistakes, in my early times so I was quite conscious after reading OP and about his ideas, because sometimes when newbies consider someone their mentor they blindly follow him without even considering the development of their skills.
Hmm, so where I said it's only for the newbies, and where I said senior that I don't know about risk management can you please mention it was a comment to highlight the prominent factors that every newbie should acknowledge because most of them ignore it [...]
I can reassure you, you didn't just refer to newbies anywhere But I wanted to emphasize once again that risk management is extremely important. After reading your lines, one might otherwise get the impression that risk management is less relevant the more experience you have, but that's not the case. On the contrary: experienced traders attach great importance to risk planning and risk management.
Hmm, Yup I got it, thanks a lot for the explanation seems like I was impulsive haha anyway risk management was a concept I've got after making a lot of mistakes, in my early times so I was quite conscious after reading OP and about his ideas, because sometimes when newbies consider someone their mentor they blindly follow him without even considering the development of their skills.
So, memcoins are on the rumor mill right now...PEPE looks like it could start a runaway rise...or will there be a correction after all?
If there will be a correction, then PEPE liquidity may spill over from PEPE into Tier-2 memcoins...maybe BONK, WIF.
Ok, then here is my first trade idea on BONK.
TRADE №1
Thanks for the tips!
I want not only to keep personal notes, but also to get feedback from the community, from those people who will be interested in my endeavors. win-win!
P.S. How can I insert images here?? Thanks in advance!
I like your idea, afterall cryptocurrency started as an idea and today it's a success that is universal in it's process application and use. If there will be a correction, then PEPE liquidity may spill over from PEPE into Tier-2 memcoins...maybe BONK, WIF.
Ok, then here is my first trade idea on BONK.
TRADE №1
- Analysis: https://www.tradingview.com/chart/BONKUSDT/MvcxhfaF-BONK-USDT-Targeting-Upside-Breakout-Buy-Stop-at-0-00003700/
- Entry: Buy Stop at 3700
- Risk: 1%
- R/R: 1/2
Cool, another trader wants to start a diary here. Please make sure you keep disciplined If a trader can't even update a daily diary of trades, then he can't have discipline to stick to trading strategies
Remember. Post exactly how much you trade, exact entry and exit. With net loss/profit minus fees. And why you took and exited. Otherwise, pointless diary
He probably wants to show off a bit and its understandable, but needs to do as I said above Crypto traders famous for giving tips but never exact details.
If a trader can't even update a daily diary of trades, then he can't have discipline to stick to trading strategies Remember. Post exactly how much you trade, exact entry and exit. With net loss/profit minus fees. And why you took and exited. Otherwise, pointless diary
So you want to keep your trading diary on this thread on this forum? There are many online managers that you can have notes that you can use for it. I do not see any reason you should make use of this forum for trading diary because posting here should not be a (personal) note for you.
He probably wants to show off a bit and its understandable, but needs to do as I said above
Crypto traders famous for giving tips but never exact details.Thanks for the tips!
So you want to keep your trading diary on this thread on this forum? There are many online managers that you can have notes that you can use for it. I do not see any reason you should make use of this forum for trading diary because posting here should not be a (personal) note for you.
I want not only to keep personal notes, but also to get feedback from the community, from those people who will be interested in my endeavors. win-win!
P.S. How can I insert images here?? Thanks in advance!
For newbie or old time traders who need motivation and perhaps a guide on how to conquer their trading goals, keeping up with your diary, that's if you are consistent with it, will ensure they too meet success and have good returns.
For the images you want to upload here, use TalkIMG.com to upload your pic, copy and share link here.
First I want to make sure you choose a good crypto exchange to trade with. Binance is definitely the best choice for a user and this exchange is quite easy to use and also advanced in terms of security. You just need to trade with the right strategy, as long as you can trade with the right strategy, you can do well in trading. If you have enough knowledge about trading then you should first get enough knowledge about trading. Build your own trading skills instead of following others. If you make a mistake in your trading, there is no problem because you can learn from that mistake. But when you follow another trader directly you will not learn anything which will make you more likely to lose money in later trades. So create your own trading strategy by taking ideas from others rather than taking note of others' strategies.
TRADE №2
TRADE №1 result: TP, +2%
P.S. I will answer questions a little later. Thanks
- Analysis: https://www.tradingview.com/chart/WLDUSDT/M0PDCwLA-WLD-USDT-Immediate-Market-Entry-After-Support-Bounce-1-2-R-RWL/
- Entry: Market Order
- Risk: 1%
- R/R: 1/2
So, memcoins are on the rumor mill right now...PEPE looks like it could start a runaway rise...or will there be a correction after all?
If there will be a correction, then PEPE liquidity may spill over from PEPE into Tier-2 memcoins...maybe BONK, WIF.
Ok, then here is my first trade idea on BONK.
TRADE №1
If there will be a correction, then PEPE liquidity may spill over from PEPE into Tier-2 memcoins...maybe BONK, WIF.
Ok, then here is my first trade idea on BONK.
TRADE №1
- Analysis: https://www.tradingview.com/chart/BONKUSDT/MvcxhfaF-BONK-USDT-Targeting-Upside-Breakout-Buy-Stop-at-0-00003700/
- Entry: Buy Stop at 3700
- Risk: 1%
- R/R: 1/2
TRADE №1 result: TP, +2%
P.S. I will answer questions a little later. Thanks
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