I Made $21.3k Profit Trading Futures on Binance!🥶
Here's My Advice for Beginners😍
1. Stay Informed: The crypto market moves fast. Keep up with the latest news and trends to understand market sentiment.
2. Learn Technical Analysis: Use tools like RSI, MACD, and Bollinger Bands to analyze charts and make better trading decisions.
3. Manage Your Risk: A crucial rule: Never risk more than 1-2% of your total trading capital on any single trade. This protects you from significant losses.
4. Test Your Strategies: Before using real money, backtest your trading strategies on historical data to see how they would have performed.
5. Use Advanced Order Types: Get familiar with different order types like limit, market, and stop-limit orders to control your entries and exits effectively.
