Short-Term Wealth? Beware of Volatility

Recommended Investment: 1,000–10,000 BTTC
Approximate Value: $2–$20
Short-term traders betting on BTTC may face abrupt twists. While profits can be quick, the high volatility demands extreme caution. The market's roller coaster could leave you with nothing if you don't know when to exit. ⚠️Long-Term Investment: The Promise of a Bright Future… or a MirageRecommended Investment: 100,000–1,000,000 BTTC

#tradingcrypto #criptomonedas. #BinanceSquare 🔎I see that you want to create a guide to learn trading for beginners. Trading is an activity that consists of buying and selling financial instruments in the markets with the aim of obtaining profits. To do 📊trading, you need to have knowledge, strategies and discipline. Below are some steps you can follow to create your own trading guide:- Define your objective and your risk profile. Before you start trading, you must be clear about what your financial goal is and what level of risk you are willing to assume. This will help you choose the type of trading, the 📈market and the instruments that best suit you.- Choose a reliable and secure trading platform🔶️. A trading platform is the software that allows you to access the markets and execute your operations. There are many options available, but you should choose one that suits your needs and preferences. Some factors to consider are regulation, commissions, instrument offerings, analysis tools and customer service¹².🔐- Learn the basics of trading. To trade, you must familiarize yourself with key terms and concepts, such as buy and sell orders, 📉leverage, stop loss, spread, etc. You should also know the different types of financial instruments, such as stocks, 💲currencies, raw materials and cryptocurrencies, and their characteristics and risks³⁴.- Develop analytical criteria. Analysis is a fundamental tool for identifying trading opportunities and making informed decisions. 📇There are two main types of analysis: technical and fundamental. Technical analysis is based on the study of price patterns and trends, using indicators, charts and other tools. Fundamental analysis is based on the study of factors that affect the value of instruments, such as the economic, political and social situation⁵.📝- Create a trading strategy. A trading strategy is a set of rules and criteria that define how and when to enter and exit the market. A good strategy should be clear, consistent and profitable. To create a strategy, you must define your time frame, your trading style, your indicators, your entry and exit signals, your risk management and your contingency plan. - Practice with a demo account. 💰Before trading with real money, it is advisable to practice with a demo account. Most trading platforms offer this option, which allows you to trade in a simulated environment without financial risk. This way you can test your strategy, improve your skills and gain confidence.♾️- Evaluate your results and learn from your mistakes❎️. Trading is a constant learning process, so you must be willing to review your results, analyze your mistakes and correct them. You should also be aware of market changes and adapt your strategy if necessary. The most important thing is to maintain a positive and persevering attitude.💆‍♀️💆‍♂️I hope these steps are useful to you to create your trading guide for beginners. Remember that trading is an activity that involves risks and requires dedication and discipline. If you have any questions or queries, do not hesitate to contact me. I am here to help you. 😊Origin: Conversation with #Anfelia_Investmentv , 5/3/2024(1) How to trade from scratch: the definitive guide - MDC Trading Academy. https://www.mdctradingacademy.com/blog/como-hacer-trading/.(2) Learn to trade from scratch: Complete guide for beginners.... https://polaridad.es/como-hacer-trading -from-scratch/.(3) Trading for Beginners: Guide for Novice Traders. https://bing.com/search?q=create+a+guide+to+learn+trading+for+beginners.(4) What is Trading and How to start step by step? - NTC. https://www.novatostradingclub.com/principiantes/como-empezar-en-trading/.(5) Learn trading: guide for beginner traders - CentralCharts. https://www.centralcharts.com/es/gm/1-aprender/5-trading.