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Author Topic: My trading diary on Binance  (Read 350 times)
KZavarov (OP)
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May 27, 2024, 06:13:24 AM
Merited by tsaroz (1)
 #1

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!!!  Cool
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May 27, 2024, 06:18:03 AM
 #2

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.

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May 27, 2024, 06:23:57 AM
 #3

Cool, another trader wants to start a diary here. Please make sure you keep disciplined Wink If a trader can't even update a daily diary of trades, then he can't have discipline to stick to trading strategies Wink

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 Wink

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 Wink Crypto traders famous for giving tips but never exact details.

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KZavarov (OP)
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May 27, 2024, 06:30:39 AM
Last edit: May 29, 2024, 10:29:15 AM by KZavarov
Merited by Lakai01 (1)
 #4

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






Cool, another trader wants to start a diary here. Please make sure you keep disciplined Wink If a trader can't even update a daily diary of trades, then he can't have discipline to stick to trading strategies Wink

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 Wink

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 Wink 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!
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May 27, 2024, 06:40:31 AM
Last edit: May 27, 2024, 06:54:14 AM by Oshosondy
 #5

Cool, another trader wants to start a diary here. Please make sure you keep disciplined Wink If a trader can't even update a daily diary of trades, then he can't have discipline to stick to trading strategies Wink
Trading history and diary are not different.

I am trading, I do not have a dairy but I am disciplined. I do not have diary because I see no reason to have one. I think most important thing about diary is to know if you are losing or winning in total but I can easily see this on my trading history. I do not even know trading history because what that is most important to me is if I am losing or winning which I know even without going through my trading history.

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 Wink
Probably this can be good but I just think that there can be lies there. I will prefer him to include his signals. I mean the time he wanted to enter the market and the price he left the market. I can lose and include in a diary that I won for people to think that I won. You know how people can behave. But what he predicted and the price he entered the market and left would be good to give us evidence that he is telling the truth.

Edit:
P.S. How can I insert images here?? Thanks in advance!
You will need to become a junior member before you can upload am image. But you can copy the image link on this forum.

Use https://www.talkimg.com/ for it.

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KZavarov (OP)
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May 27, 2024, 07:15:19 AM
 #6

Cool, another trader wants to start a diary here. Please make sure you keep disciplined Wink If a trader can't even update a daily diary of trades, then he can't have discipline to stick to trading strategies Wink
Trading history and diary are not different.

I am trading, I do not have a dairy but I am disciplined. I do not have diary because I see no reason to have one. I think most important thing about diary is to know if you are losing or winning in total but I can easily see this on my trading history. I do not even know trading history because what that is most important to me is if I am losing or winning which I know even without going through my trading history.

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 Wink
Probably this can be good but I just think that there can be lies there. I will prefer him to include his signals. I mean the time he wanted to enter the market and the price he left the market. I can lose and include in a diary that I won for people to think that I won. You know how people can behave. But what he predicted and the price he entered the market and left would be good to give us evidence that he is telling the truth.

Edit:
P.S. How can I insert images here?? Thanks in advance!
You will need to become a junior member before you can upload am image. But you can copy the image link on this forum.

Use https://www.talkimg.com/ for it.

Right thoughts - I'm not going to post ex post facto results here, there's no point in that showmanship. Only entries by pending orders or by market (and immediately post on the forum).

I understand about the images - thanks!
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May 27, 2024, 02:07:09 PM
 #7

Well, it's good that you want to explore and learn more about trading, and it's also good that you want to share your setups or trades, but I think it will also be good if you can find a platform where there are community trades. What I mean is that, if you know about community trade, it's a group where you can share your knowledge and setups in a community, and the same goes for the other members; they will share their setups and explain why they came up with that setup. In short, you came up with that setup. In short, you will learn a lot from that. Anyway, this topic should be in your diary. Don't create several topics because you might be reported or what; it's better to have a thread or a growing thread. And also you should take and absorb all the advise of many proven pro traders here.

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May 27, 2024, 03:06:14 PM
 #8

If I'm not wrong then it's the thread where you share your trades with us? But, that's not a dairy in anyway, if your real intention is to make a trading diary then try to make it offline, but if you want to share your trades with others then why not to start your own trading YouTube channel instead of this thread?

Your account on this forum is quite new and I doubt that anyone would ever follow your trades, but if you're really going to share your trades and analysis then I highly suggest you to share some technical analysis as well.

You can embed images directly by purchasing Cooper membership and that doesn't cost a lot of money. If you really want to share your analysis and technical analysis via this thread then embedded images would be very helpful.

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KZavarov (OP)
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May 27, 2024, 03:48:14 PM
 #9

Thanks for your opinion and advices! English is not my native language and maybe I didn't name the thread correctly.

This is not a personal diary, I want to get feedback from the community. In my language there is such a concept - public diary. Someone can take something from my ideas, but that's not the goal.

I just want to go from 0 to results, publicly. Here.
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May 27, 2024, 05:07:46 PM
 #10

Thanks for your opinion and advices! English is not my native language and maybe I didn't name the thread correctly.

This is not a personal diary, I want to get feedback from the community. In my language there is such a concept - public diary. Someone can take something from my ideas, but that's not the goal.

I just want to go from 0 to results, publicly. Here.

My trading strategy could be more appropriate than the word diary.

If I understand OP correctly your strategy to make profits is to get 0.5% profit for a day which might looks too easy but it's not possible to achieve everyday that is why it is important to have flexibility in your strategy to make profit to its fullest potential.

For example you can set the profit at 2% so all it takes 7 profitable trades to achieve 15% goal instead of 30 trades with 0.5%.









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May 27, 2024, 06:09:20 PM
 #11

Thanks for your opinion and advices! English is not my native language and maybe I didn't name the thread correctly.

This is not a personal diary, I want to get feedback from the community. In my language there is such a concept - public diary. Someone can take something from my ideas, but that's not the goal.

I just want to go from 0 to results, publicly. Here.
I understand, you're free to share your ideas and trading strategies and even your results here. If you want to dedicate this thread for that, that's fine IMO.
You are also on the right section so, good luck with all of the trades and show us some great progress there because not everyone is willing to share their trading journey.


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May 27, 2024, 06:18:59 PM
 #12

Keeping a trading diary and managing risks is smart. Just trade responsibly.
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May 28, 2024, 04:34:32 AM
 #13

Keeping a trading diary and managing risks is smart. Just trade responsibly.

Notes to yourself are important for trading, because so we know income and expenses, but the most important thing is management, how do we work so that we minimize losses, we must first learn what trading is and how the system works, so that we are not careless in taking actions that will later cause us losses due to our carelessness.

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May 28, 2024, 06:51:03 AM
 #14

Thanks for your opinion and advices! English is not my native language and maybe I didn't name the thread correctly.

This is not a personal diary, I want to get feedback from the community. In my language there is such a concept - public diary. Someone can take something from my ideas, but that's not the goal.

I just want to go from 0 to results, publicly. Here.
Yes, you're right about diary and that is what he said. It is he will keep it and the ones that he will share here is the other or trading setup ideas. If he choose Youtube, we may not going to discover it if he is not yet known and there is nothing wrong if he chooses this place. In fact, many traders I see here are also doing the same thing.

It better to not judge anyone based on their appearance because we don't know what if they are actually a pro? And they can show us a proof to that for us to believe them. We can only apologize for the inconvenience that our forum have caused to them such as they need to avail a kind of membership first to post a pic but they still can ask for some donations in order to recover it or have a premium subscription for the services that they are offering.

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May 28, 2024, 07:08:56 AM
 #15

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!!!  Cool
Actually it's very difficult to understand that in trading you have to be very calculated when it comes to taking risks. You cannot follow the hypes created by marketing managers of the projects otherwise you'll fall into their traps and you'll lose money.

Risks should be very carefully taken and you should not allow your greed to overcome your brain while calculating risks. If you figure out the balance you'll be a successful trader.

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May 28, 2024, 07:58:06 AM
 #16

Well, it's good that you want to explore and learn more about trading, and it's also good that you want to share your setups or trades, but I think it will also be good if you can find a platform where there are community trades. What I mean is that, if you know about community trade, it's a group where you can share your knowledge and setups in a community, and the same goes for the other members; they will share their setups and explain why they came up with that setup. In short, you came up with that setup. In short, you will learn a lot from that. Anyway, this topic should be in your diary. Don't create several topics because you might be reported or what; it's better to have a thread or a growing thread. And also you should take and absorb all the advise of many proven pro traders here.
op will share his trading strategies and steps with everyone it's not bad but one should not follow other's steps without doing any research. Trading is not risk free. There is a risk of loss here. However, the more professional and skilled he is, the more he is able to reduce his risk, but no one can avoid risk. Therefore, apart from following the steps of others, you should do your own personal research and start trading with your own responsibility. And even if there are some losses in the beginning, they will be able to gain a lot of knowledge from those losses

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May 28, 2024, 09:48:28 AM
Merited by CryptoHeadlineNews (2), CryptSafe (2)
 #17

op will share his trading strategies and steps with everyone it's not bad but one should not follow other's steps without doing any research. Trading is not risk free. There is a risk of loss here. However, the more professional and skilled he is, the more he is able to reduce his risk, but no one can avoid risk. Therefore, apart from following the steps of others, you should do your own personal research and start trading with your own responsibility. And even if there are some losses in the beginning, they will be able to gain a lot of knowledge from those losses

The OP has already put a warning that any trader following his trading strategy is doing that at his own risk and he isn't responsible for any losses therefore anybody that decide to follow the OP steps should be aware of this. Trading is risky when you don't know anything that you're doing but if you're informed, you wouldn't be taking risk that can harm you by losing your money. Binance exchange is one of the best exchange to use in trading therefore the OP is off a good start if he has experience in trading.

I also use Binance exchange for trading and my experience there is great, they do not manipulate the price and of their listed coins. OP are you going to be trading only Bitcoin or you'll be trading altcoins too. I'll love to see how far you go therefore I'll be monitoring this thread. I wish you good luck and don't fail to share your experience always because you have those that'll be paying attention to this thread.



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Gaza13
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May 28, 2024, 03:20:39 PM
 #18

Keeping a trading diary and managing risks is smart. Just trade responsibly.

Notes to yourself are important for trading, because so we know income and expenses, but the most important thing is management, how do we work so that we minimize losses, we must first learn what trading is and how the system works, so that we are not careless in taking actions that will later cause us losses due to our carelessness.
Indeed, without knowledge about trading, it is really not recommended for us to take this step, of course the risk we bear is very large or very high in this case. It's true what you say, management in expenses or daily recording of our trades, is really needed so that in the future we can learn from our own experience. The experience we gain is our best teacher to change our own lives. To become a successful and consistent trader, we sacrifice a lot of things, whether it's money or time.

Hamza2424
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May 28, 2024, 06:08:24 PM
 #19

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!!!  Cool

Hmm aah feeling happy to see a first-time such sort of post and there is no shit talking and promotion + proper DYOR is mentioned, Haha OP keep it up, let's wait and see what are you gin to bring up next. Hmm, I'm a little confused about where are gonna share your content in any TG group or here in threads particularly in this thread only.

Hmm risk management should be the priority for the newbies, on the same time I cant get your theory behind 1 trade per day, anyway I'll be interested in more information from your side like bereifing of your plan to analyze is it worth it or not.

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May 28, 2024, 08:49:10 PM
 #20

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!!!  Cool

You want to share idea but you don't want to be held responsible, does that means you are not sure of what you are giving people, I will really like you to explain to us how often you lose from trades atleast in a day.

You will have people and followers more often now that a lot of people are anticipating for bull run but know that people are coming with the mindset of using your calls an assurance for making trades, if you failed most of the time than profit, you will be seen as someone who doesn't know nothing but the cool thing about this dropping of signals is people/followers will respect you even more if you are a good trader.

On a personal level, I will not advice you to engage in this, make your trade yourself and enjoy the profit alone. You will worry less about your mistakes on other people's choice of opening trades.

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