$BNB $BTC $ETH 9 Important Tips Before You Start at
#trader en
#futures or
#spot sur
#binance :
1. Limit your investments:
Don't put all your money on the line. Only invest what you can afford to lose without it impacting you too much.
2. Practice first:
Before you actually start trading, practice by looking at charts, drawing levels, and making trades on paper. Then move on to live trading, and only then use leverage or futures.
3. Protect your capital:
Use tools like “Stop Loss” and “Take Profit” for risk management to protect your money. These tools are important but can be a little complex. Make sure you understand them before using them.
4. Follow the trend:
Don't fight the market. Use indicators like the 50-day moving average to identify the trend and only trade in its direction.
5. Stay flexible:
Don't get attached to just one
#cryptommonaie or action. The goal is to make profits by buying low and selling high. Keep your emotions at bay and focus on the graphics.
6. Be ready to go out:
Don't get hung up on a deal that's going bad. Get out of the market as soon as possible to limit your losses and start again.
7. Plan your trades:
Always have a plan with entry, exit and defeat points. Do not trade randomly, but with a clear strategy in mind.
8. Be organized:
Trading is not complicated. You don't need many fancy tools. What you need is a solid plan, management of your position sizes, and clear exits if things go wrong.
9. Practice a lot:
Trade often, following the trend as much as possible. Learn from the market by practicing and listening to its feedback.
#Write2Earn