1. Always trade with a solid plan.
Do not risk entering trades without planning. Define entry and exit points and stop losses before each trade. A solid plan prevents emotional mistakes.
2. Use a stop loss on every trade.
Capital protection is the first priority. Always set a stop loss to limit your losses - do not keep a losing trade hoping it will recover.
3. Do not chase green candles.
Avoid buying after significant highs. Wait for confirmation of a pullback or support. Late entries often lead to losses.
4. Trade with the trend, not against it.
Follow the market trend. Use higher time frames (hourly, 4 hours, daily) to determine the trend and align your entry points with momentum.
5. Learn basic technical analysis.
Understand support/resistance, trend lines, and the relative strength index. These simple tools provide clear signals and reduce guesswork.
6. Risk management - avoid over-leveraging.
Use small position sizes, especially in futures. Do not risk more than 1-2% of your capital on a single trade.
7. Track your trades - write everything down.
Record your trades, their reasons, and outcomes. This fosters discipline and helps you learn from both gains and losses.
8. Trade high-volume and highly volatile currencies.
Stick to currencies with strong liquidity and daily movement. These currencies provide better entry points, faster exits, and more reliable setups.
9. Avoid overtrading - quality is better than quantity.
It's better to rely on 2-3 strong setups daily rather than 10 random trades. Wait for the right moment, then invest confidently.
10. Stay updated with market news.
Keep up with Binance announcements, economic news, and market events. Sudden updates can move the market quickly - be prepared.
By following these ten instructions daily, you will help your followers maintain discipline, avoid common mistakes, and achieve consistent profits over time.
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