🔝 Top 10 Mistakes in Binance Trading

The 10 Golden Rules of Crypto Trading

1. Always Use a Stop Loss

Never trade without a stop loss. One wrong move without it can wipe out your entire account.

2. Practice Proper Risk Management

Risk only 1–2% of your capital per trade. Never invest all your money in a single coin.

3. Avoid Greed

Small but consistent profits are better than big losses. Remember: “A small profit is still a profit.”

4. Don’t Trade Emotionally

Decisions made out of fear or greed usually lead to losses. Always plan your trade and stick to the plan.

5. Follow the Trend (Trend is Your Friend)

Trade in the direction of the market trend — whether bullish or bearish. Going against the trend is risky.

6. Diversify Your Portfolio

Don’t rely on just one coin or project. Spread your investments across different coins and sectors.

7. Use Leverage Wisely

High leverage means high risk. Beginners should especially avoid using excessive leverage.

8. Combine Technical and Fundamental Analysis

Don’t depend solely on charts or just the news. Make decisions by considering both.

9. Keep a Trading Journal

Record every trade — entry, exit, reason, profit or loss. Reviewing your trades helps you learn from mistakes.

10. Stay Patient and Disciplined

Crypto isn’t a get-rich-quick scheme. It’s a long-term game where patience and consistency are key to success.