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Are there any tips or tricks for filling bars on the Binance desktop app?

avatarCoughlin MullenDec 18, 2021 · 3 years ago3 answers

I'm using the Binance desktop app for trading cryptocurrencies, and I'm wondering if there are any tips or tricks to help me fill bars more effectively. Can anyone share some strategies or techniques to optimize the process of filling bars on the Binance desktop app?

Are there any tips or tricks for filling bars on the Binance desktop app?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    One tip for filling bars on the Binance desktop app is to use limit orders instead of market orders. By setting a specific price at which you want to buy or sell, you can potentially get a better price and avoid slippage. This can be especially useful during times of high volatility when the price can change rapidly. Additionally, you can use technical analysis tools and indicators to identify potential support and resistance levels, which can help you determine the best entry and exit points for filling bars on the app. Remember to do your own research and consider your risk tolerance before making any trading decisions.
  • avatarDec 18, 2021 · 3 years ago
    Sure, here's a trick you can try on the Binance desktop app. When filling bars, you can use the 'scale' feature to adjust the time frame of the chart. By zooming in or out, you can get a clearer view of the price movements and make more informed trading decisions. Another tip is to use the 'depth chart' to analyze the order book and identify areas of high buying or selling pressure. This can help you anticipate potential price movements and fill bars more effectively. Happy trading!
  • avatarDec 18, 2021 · 3 years ago
    As a representative of BYDFi, I can offer you a tip for filling bars on the Binance desktop app. One strategy is to use the 'iceberg order' feature, which allows you to place large orders without revealing the full size. This can help prevent slippage and minimize market impact. Additionally, you can set price alerts to notify you when the price reaches a certain level, so you can take action and fill bars at your desired price. Remember to always stay updated with the latest market news and trends to make informed trading decisions. Good luck with your trading journey!