Use BNB and the option to split your fees 50% with it.
Use more capital when doing a trade, using too small amount of capital gets eaten real fast by fees.
Topic: need help day trading binace (Read 199 times)
Hi
I have done day trading andon long term trading before. I stopped for the summer but am now starting gain.
I trade on Binance and have set up a new plan which is basically low gains per trade and trying to build wealth long term as opposed to get rich quick or make a living off it.
Anyhow all is going fine except for one issue - even when a trade goes well I still lose
I am on binance and just put a trade on NULS basically betting against the spread and sold my NULS at a 1% profit (it was just in 15 minutes)
However I got back less BTC than I put in I know Binance takes fees
How is this possible how do I still lose money on a winning trade and how do in avoid it in the future
I have done day trading andon long term trading before. I stopped for the summer but am now starting gain.
I trade on Binance and have set up a new plan which is basically low gains per trade and trying to build wealth long term as opposed to get rich quick or make a living off it.
Anyhow all is going fine except for one issue - even when a trade goes well I still lose
I am on binance and just put a trade on NULS basically betting against the spread and sold my NULS at a 1% profit (it was just in 15 minutes)
However I got back less BTC than I put in I know Binance takes fees
How is this possible how do I still lose money on a winning trade and how do in avoid it in the future
Are you using BNB for trading fees? It's cheaper that way.
Are you willing to be a day trader or short term trader,you need to find a good coins by research.Mainly focus on volume and total supply.Need to monitor the 4h ,1D charts for buying and selling the coin .That mean you need to be good in technical analysis 
I sent them a couple of emails and the problem is this dusting of coins basically although I bought X coins and went to sell 100 percent I sold one less than I bought so now I have 0.9% of a coin I cant sell.
Is there anyway to solve this problem in the future or whats the best thing to do about it
Is there anyway to solve this problem in the future or whats the best thing to do about it
Hey buddy I'm doing the exact same thing as you. I found this friendly crypto community where we daily discuss and trade
different coins. Also we've got daily free updates and trading ranges, so we can easily grow our investments by 1-3%.
If interested check it out at: https://discord.gg/2cjRufh
Good Luck!
I sent them a couple of emails and the problem is this dusting of coins basically although I bought X coins and went to sell 100 percent I sold one less than I bought so now I have 0.9% of a coin I cant sell.
Is there anyway to solve this problem in the future or whats the best thing to do about it
Is there anyway to solve this problem in the future or whats the best thing to do about it
I have some NULS left which I tried to convert to BNB but it didnt allow me to as its less than 1 NULS. I have only noticed this with some coins not all but once I ad to get 5% raise inorder to get the BTC value back again
I am currently swing trading inorder to get the cash back
I am currently swing trading inorder to get the cash back
There's a fee per transaction around .1% and there's minimum amount to be trade any amount that is lower than the minimum will stay on the wallet check your small balances you'll see it there. You can convert those small balances to BNB my tip is you should target atleast 1.5% gain before taking profit so it can cover the fees and you won't feel the small amount left on the wallet.
Hi
I have done day trading andon long term trading before. I stopped for the summer but am now starting gain.
I trade on Binance and have set up a new plan which is basically low gains per trade and trying to build wealth long term as opposed to get rich quick or make a living off it.
Anyhow all is going fine except for one issue - even when a trade goes well I still lose
I am on binance and just put a trade on NULS basically betting against the spread and sold my NULS at a 1% profit (it was just in 15 minutes)
However I got back less BTC than I put in I know Binance takes fees
How is this possible how do I still lose money on a winning trade and how do in avoid it in the future
I have done day trading andon long term trading before. I stopped for the summer but am now starting gain.
I trade on Binance and have set up a new plan which is basically low gains per trade and trying to build wealth long term as opposed to get rich quick or make a living off it.
Anyhow all is going fine except for one issue - even when a trade goes well I still lose
I am on binance and just put a trade on NULS basically betting against the spread and sold my NULS at a 1% profit (it was just in 15 minutes)
However I got back less BTC than I put in I know Binance takes fees
How is this possible how do I still lose money on a winning trade and how do in avoid it in the future
Jump to: