A quick guide to do’s and don’ts for trading strategies 🚀📉:

What to Do ✅

1.Start Small 💵: Begin with an amount you’re okay losing.

2.Set Stop-Loss ⛔: Always protect yourself from big losses.

3.Do Research 🧐: Understand the coin, project, or market you’re trading in.

4.Use Trends 📈: Trade with the trend, not against it.

5.Diversify 🌐: Spread investments across multiple assets to reduce risk.

6.Track News 📰: Stay updated on market events affecting your trades.

7.Stick to a Plan 📋: Follow a predefined strategy instead of emotional trading.

8.Practice on Demo Accounts 🎮: Test strategies without risking real money.

What NOT to Do ❌

1.Avoid FOMO 😱: Don’t buy because of hype; do your research.

2.Don’t Overtrade 🕒: Too many trades can lead to emotional decisions and losses.

3.Don’t Go All-In 🎲: Never bet your entire capital on a single trade.

4.Avoid Leverage (as a beginner) 📉: High leverage = high risk of liquidation.

5.Don’t Ignore Fees 💸: Consider trading fees in your profits and losses.

6.Skip Revenge Trading 😤: Don’t trade immediately after a loss to “win back” money.

7.Don’t Trade Without a Plan 🌀: Random trades = random outcomes.

8.Avoid Overconfidence 🦸: The market can humble anyone.

Quick Strategy to Start

•Day Trading 🕒: Use technical analysis for quick entries/exits.

•HODLing 🛡️: Buy strong projects and hold long-term.

•Swing Trading ⏳: Trade medium-term trends over days/weeks.