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RE: Steemit Crypto Academy Contest / S14W5 : Exploring STEEM/USDT Trading
greeting brother @sahmie Learning about trading tools like MACD and Bollinger Bands. MACD helps identify buy/sell signals, while Bollinger Bands show potential price excitement. RSI and moving averages guide entry/exit points, and Stochastic Oscillator confirms trends. Stop-loss is crucial for risk management in STEEM/USDT trading. Diversifying positions is like planting different crops – it helps manage risks and boosts potential profits....best of luck
Thank you so much for sharing this valuable comment about trading tools. I really appreciate it! Your explanation in about risk management in layman's terms was super helpful. Wishing you all the best in your trading endeavors