Here are Some Risk Advices For Beginners👇
1. OCO Orders (One-Cancels-the-Other): Set OCO orders to automatically close your position when either your stop-loss or take-profit is triggered.
2. The "Dust" Problem: Be mindful of "dust" (small remaining balances) and consolidate them to avoid unnecessary fees.
3. VIP Program Benefits: Aim for higher VIP levels to enjoy lower fees and other benefits.
4. Sub-Accounts: Utilize sub-accounts to compartmentalize your trading strategies and risk management.
5. Binance Research: Stay informed with Binance Research reports and analysis for valuable market insights.
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