Trading futures on Binance with emotion is a risky approach and is not recommended. When trading based on emotions, users are often susceptible to losing control and making unconsidered decisions. Delving into emotions often leads to buying when the market is rising and selling when the market is falling, rather than relying on data or technical analysis.
The consequence of this can be loss of profits or even loss of capital. The futures market is a harsh environment where decisions based on emotions can cause huge losses. It is important to maintain a calm and patient mind, and adhere to a planned trading strategy.
Instead, traders should rely on technical analysis, news, and a specific trading plan to achieve long-term success in the futures market.
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