"Binance Trading & How It Works

Binance working and trading...There are two types of genuine trading..

There are two types of genuine trading. One is spot trading and the other is future trading. We are going to learn about it in this video. There is also option of copy trading. In some countries it is allowed and in some countries it is not. But what is the right way to do it? Basic spot trading is for those who don't know what it is. Future trade is for those who don't know what it is and how to do it. We will learn about other trading strategies in the next chapter.

What is trading and how to do it? ...........

But this chapter is about trading. What is trading and how to do it? Now let's learn about spot trading. In spot trading, for example, there is BTC, Ethereum or any other coin. Like I told you before, you want to trade in it. You got to know about it from analysis, market news or from anywhere. Or you think that this coin can go up. You want to trade in it. You want to trade in spot. So how will you trade in it? We will see the rest of the analysis in this video. But first of all, let's learn how to trade in spot. I will teach you all this in simple words. There is no crypto language that this stop limit, this and that.

For example, there is a coin called BNB. I will click on it. Now there is a chart of BNB coin up here. A 15-minute chart, 1-hour chart, 4-hour chart, 1-day chart. You can also find more charts in More. It is fine. 1-week chart, 1-month chart, 1-year chart. You can also find such charts. One chart means, for example, this is a 1-day chart. So it means that this one bar, the red or green bar that you can see. This is once a day. If we do it for 4 hours, then once is 4 hours. If we do it once for 1 hour, then once is 1 hour. If we do it for 15 minutes, then once is 15 minutes. Okay, you understood these bars.

Now, for example, we do 1-day. So see here that this day went from here to here. Green means that it went up. And red means that it came down. Okay, simply red and green. Two simple things. Check in 15 minutes that how much came in 15 minutes. This candle, this candle, this candle. Time is also written here. So you can also check from here. For example, let's do 1-day for now. So here you can see that these candles show this.

Now, for example, BNB is at the price of 639. Okay, for now, the time I am writing aritcal. Okay, it can go up from here or it can go down from here. If you think that BNB will go up or come down. After this, we will learn what day trade is, what long-term trading is. And after that, how to invest, how to buy, how to sell. We will learn all those things. But for now, we are learning only what is sports trading, how to do it. Now, for example, BNB is at the price of 693. For example, there are two simple options here. One for buy and one for sell. Now see here, this red and this green.

There is a bar below that is moving again and again. This means that in this second, green means that it was bought more. And red means that it is selling more. Okay, this selling and buying keeps on going. Now, for example, I click on the buy button. Now there are many options here. One is limit, market, stop limit, stop market, trailing stop, OCO, algo order. Okay, first of all, what comes in the limit? For example, the price of USDT is 693 USDT. 693 dollars. Now I can write the amount BNB here that I have to buy 1 BNB. Or I have a total of 10 dollars, 20 dollars. I write here that I have to buy 20 dollars of BNB. Now here, if I do it on the market, then it means that take the price on the market. How much to take? Take 20 dollars. One is limit.

Now what does limit mean? That the price is 693. But I feel that the price will come down. So I write here that when the price comes to 650, then I have to invest 20 dollars. Okay, I click on the buy BNB button. Now here I click 20 dollars on buy BNB. If I click on BNB, then my order will be placed. Now whether I go to sleep or not use my mobile, I am doing anything. When the price of the coin will come to 650, then it will be automatically bought by me. No matter what I am doing.

Okay? And in the same way, sell can also be done. We will come to sell later. Now this order is placed. After that, I say that I had to take 100 dollars. For example, I say that when it comes to 640, then take 20 dollars more. This is my second order. Okay, when it comes to 630, then take 30 dollars. So in this way, I can place many orders. You can see that the orders have been placed.

After that, the second thing is that after the limit, your stop limit comes. Now what is here? Stop price, for example, I put 640. Okay? That is, it can buy between 640 and 650. It does not have to buy below 640. Between 650 and 640. If it is not at 640, then it will be bought at 650. And if it is at 640, then it will be there too. So these two are the best options. These two options are either on the market price, but the limit is the best and is used the most.

The rest are stop limit, stop market, trailing stop, OCO, or algo orders. This is a lot of expert trading. And in this, your loss happens many times. So that's why we will go to the limit and market. Maximum traders, which are 90 percent, they run on this. Similarly, when we come to sell, then for example, I have BNB. I have a BNB of 10 dollars. I have a BNB of 500 dollars. Okay? I will write their amount.

For example, I have a BNB of 200 dollars. When the BNB goes to 720, then sell. Okay? I will write it here. Okay? I will click on sell BNB after getting that dollar. And you will write 200 here. BNB of 200 dollars will be sold. Whether you are sleeping, whether you are awake, whether you are walking around, whatever you are doing, you will be automatically executed. In the same way, you can take any coin of yours. You can also sell.

If you have USDT, then in the pair of USDT, you can see that this is the pair of BNB and USDT. Now here, for example, you will buy any coin. When that coin goes up, you will sell it. Whether you place an order or whether you are active and keep looking at the market. Whether your suitable market is for months or daily. In that, we will study trading strategies later.

In this aritcal, you will be taught trading strategies. In which day trading, mid-term trading, long-term trading, what is it? How is it done? We will learn all that. Now spot trading will be ahead of you. You take any coin. And you sell it. When it goes up, you sell it. Simply, this is called spot trading. And if your coin, for example, comes down, then you sell it. Then you have a loss in it. And remember one more thing. For example, I place a sell order. Here, for example, I took a coin at 692.

Now that coin is going up. But I will put a limit on it. When it comes to 700, then sell it. There is a stop-loss limit. That it should not come below it. It should sell above it. So this is basically a simple spot trading. That we take anything. And we sell anything. Any coin. We will cover strategies and analysis in this website. Now we come to future trade.

What is future trade? ..........

What is future trade? Here is the fourth option. If you click on it, then it opens in front of you. Now first of all, I will tell you my point of view. After that, I will teach you future trading. First of all, my point of view, personal point of view, it should not be kept in any kind of personality. This view is that future trading is haram for me. If it is halal for someone else, then it can be. If it is haram for someone else, then it can be. I have no disagreement with anyone. This is my point of view. That is because there is leverage here, which is not yours. Which is like an exchange.

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"Binance Trading & How It Works | Two Types of Genuine Trading | Online Earning Pakistan Q"