In order to trade on Binance, you will need to first understand what is IDRT. IDRT is an abbreviation for “I don’t really trade”. This is a term that is used to describe a type of trader that doesn’t really care about the market conditions or the technical analysis of the charts.
They simply place their trades based on their gut feeling or on a hunch. This type of trading can be very dangerous and is not recommended for those who are new to the world of trading.
NOTE: WARNING: Trading in Initial Dex Offering (IDO) tokens on Binance is highly speculative and may lead to significant losses. IDOs are unregulated and highly volatile, and the price of the tokens can move rapidly, making them a risky investment. You should carefully consider all the risks associated with investing in IDO tokens before trading on Binance.
IDRT traders often times don’t use stop losses and they are also known for holding onto their losing positions for far too long. This can lead to some very large losses if the market conditions change suddenly.
It is important to remember that IDRT traders are often gambling rather than trading and they should never be taken too seriously.
If you’re new to trading, then it’s best to avoid IDRT altogether. Stick to the more traditional methods of trading and don’t take unnecessary risks.
10 Related Question Answers Found
Binance is a cryptocurrency exchange that provides a platform for trading various cryptocurrencies. Binance is one of the most popular exchanges in the world and offers a variety of features and services that make it a great choice for both beginners and experienced traders. One of the features that Binance offers is called IDEX, which stands for decentralized exchange.
Busd is a stablecoin that is pegged to the US Dollar. It is an ERC20 token that is issued by the Binance Chain. The aim of Busd is to provide a stable and decentralized currency that can be used to trade on the Binance Chain.
LCX, a digital currency exchange, has been gaining a lot of traction lately. The company has been making headlines for its partnerships and expansion plans. But one question remains: is LCX on Binance?
TWT on Binance is a new way to trade with Bitcoin. With this system, you can place your order and wait for the price to come to you. It’s a system that’s different from traditional trading, and it’s one that can be very beneficial for those who know how to use it correctly.
DSLA Protocol is a new project that was recently launched on Binance. The project is a decentralized synthetic asset platform that allows users to create and trade synthetic assets. The platform is based on the Ethereum blockchain and uses the ERC20 token standard.
Binance is one of the most popular cryptocurrency exchanges in the world. VGX is a new token that has been created by Binance. It is an ERC20 token that will be used to power the Binance DEX.
OMG is a decentralized finance protocol that enables the transfer of value and assets on the Ethereum blockchain. It is also the native token of the OmiseGO network. OMG allows users to send and receive payments in any currency, including fiat currencies, cryptocurrencies, and even loyalty points.
Ogn is the native token of the Origin Protocol, a decentralized platform that enables peer-to-peer commerce. The Origin Protocol is powered by the Ethereum blockchain and utilizes smart contracts to enable buyers and sellers to connect and transact without the need for a middleman. The Origin Protocol is designed to be used by a wide range of decentralized applications (dApps) that enable buying and selling of goods and services.
PNT Binance is a new cryptocurrency exchange that has been gaining popularity lately. The reason for this is because it offers a lot of features that other exchanges do not. For example, it has a very user-friendly interface, it supports a wide range of currencies, and it has low fees.
As of September 2019, OMG is not listed on Binance. This may come as a surprise to some, as Binance is one of the world’s largest cryptocurrency exchanges. However, there are a few reasons why this might be the case.
