Leverage
REN Trading - NFA/DYOR Hello Traders,
I hope you don't miss this cool trading opportunity.
At Golden Support- Yes,
Looks Bullish- Yes
Should I trade- you better know
Leverage - As per your risk, please not more than 5x
Volatility- High
STOP LOSS- PLZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ
#NFA
#DYOR
#HAPPY_TRADING
BINANCE:RENUSDT
KUCOIN:RENUSDT
📚 Leveraged & Margin Trading Guide + Examples ⚖️
Leveraged trading allows even small retail traders to make money trading different financial markets.
With a borrowed capital from your broker, you can empower your trading positions.
The broker gives you a multiplier x10, x50, x100 (or other) referring to the number of times your trading positions are enhanced.
Brokers offer leverage at a cost based on the amount of borrowed funds you’re using and they charge you per each day that you maintain a leveraged position open.
For example, let's take EURUSD pair.
Let's buy Euro against the Dollar with the hope that the exchange rate will rise.
Buying that on spot with 1.195 ask price and selling that on 1.23 price we can make a profit by selling the same amount of EURUSD back to the broker.
With x50 leverage, our return will be 50 times scaled.
With the leverage, we can benefit even on small price fluctuations not having a huge margin.
❗️Remember that leverage will also multiply the potential downside risk in case if the trade does not play out.
In case of a bearish continuation on EURUSD , the leveraged loss will be paid from our margin to the broker.
For that reason, it is so important to set a stop loss and calculate the risks before the trading position is opened.
❤️Please, support this idea with a like and comment!❤️
A 65% drop and a NEW BOTTOM in Bitcoin? A new BULL RUN?So here's the latest update on Bitcoin from tychelab.com
As mentioned in the previous update, we did reached the 4.8-5k region (even overshoot our targets) with the reasonings given by us properly. Hope you liked that update and got an insight of how market makers mould this market.
Coming back to the current situation, we believe that it's going downtown from here. Following are the reasons for the bearish bias.
1. For the bull run to start market makers will need two things, minimum retail traders & accumulation . And both of these conditions are yet to be met. This mini bull run from 3.5k region gave retail traders a hope of reversal so they are still holding tight. And accumulation hasn't happened yet so we believe that market is yet to do some drama before a clear bull run.
2. No proper bottom signs as such on 3100 and more than that a manufactured pump which leads us to believe that it was not quite a bottom.
3. Why should we dump till 1.8-2k region? It'll be a treat for market makers to watch retail traders bleed and simply give up in despair. Most of them will give up and take the exit gate at around 2.2-2.5k region. There'll be a small percentage of people left who'll eventually give up after a long accumulation phase shown in blue box.
4. Why won't we break the 6k resistance? Simply because once 6k gets broken we'll see a huge influx of buying and Bears will loose their control from the market. If we talk about probability, there's only 10% chance of breaking 6k currently. Bears have been in control for almost 15 months and they will like to continue for next 6-7 months at least.
So, here's all the reasonings for this analysis. Hope you get benefitted from all of this.
Do visit tychelab.com in case you want us to do auto-trading for you based on these analysis.
*not an investment advice, consult your advisor before investing in Cryptos.