1. Know and master the tools of Binance: Learn how to use the advanced features that Binance offers in futures, such as limit orders, stop-loss, and leverage management. These tools are key to trading efficiently and minimizing risks.
2. Identify key trends: Analyze the movement of Bitcoin, altcoins, and the BTC dominance index (BTC.D). Understanding these dynamics will allow you to anticipate changes in the market and make more informed decisions.
3. Define a solid trading strategy: Design a clear plan based on your risk tolerance, goals, and trading style. Avoid improvisation and set clear rules for entries, exits, and risk management.
4. Enjoy the process and live in the moment: While striving to improve as a trader, remember that life is more than charts. Value your time, maintain balance, and enjoy each day. Life is short, and your well-being should always be a priority.
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