Hey Zach, you can increase your trade gains and minimize your losses by changing the way you choose your entry/exit points. I have noticed that when you are discussing your strategy and talking us through your trades, you always choose your entry/exit by the USD $ price. This is not the most accurate information to base your trades on. As you know, on Binance you are trading a pair, for example NEO/BTC. Even though the USD price is listed, that number is dynamic, since the $ value of BTC is dynamic. That's why you can have an entry point at say 0.0135BTC and it will say $122.48, but then an hour later, that same 0.0135BTC will say $123.58. That is because the BTC $ value increased. You have to be very careful when deciding your trade points, if you only go off the $ listing, you may actually be taking a loss when you think you're making a profit. For example; You buy 10 NEO at 0.0135BTC and at the time you buy it says $122.45...Then a few hours later, You see the price at $132.45, so you sell, but you sell for 0.0132BTC, so even though the $ value says that you made $100 profit, you actually lost 0.003BTC. You can technically buy in at $123, and sell at $98 and make a profit, if BTC took a major dive during that time. You have to remember, you are trading to increase your BTC, not necessarily your USD, that value will increase when BTC does. The fact that Binance has the $ value listed can actually be deceiving, even though it does make it easier to process when we are trying to determine our gains/losses. I believe Poloniex only lists the Satoshi value, which is more accurate, yet a little harder to process. You probably already know all of this, and you might just talk about the $ value in your posts to make it easier for the viewers to comprehend, I just felt the need to address this to you, in case you hadn't realized this, to try and save you a confusing loss. I actually think this might be a nice point to cover in a future post, to help the viewers remember to be cognizant of both the $ and satoshi value. I hope this was helpful, I owed you one for all the knowledge i've gained from your posts. Keep up the good work, and good luck with your trades.
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