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QuanLyRuiRo

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๐Ÿšจ5 Common Mistakes New Traders Make (Don't Get Caught!) 1. Lack of Knowledge & Laziness in DYOR ๐Ÿ“š * Mistake: Buying based on rumors and tips without understanding the project. * Tip to avoid: Always DYOR thoroughly (Project, Technology, Team, Charts...). Knowledge is the "guiding light"! 2. No Trading Plan ๐Ÿ“ * Mistake: Buying and selling impulsively, not setting Stop-Loss or Take-Profit from the start. * Tip to avoid: Each trade is a plan! Clearly define entry and exit points to trade with discipline. 3. Poor Capital Management (Taking Excessive Risks) ๐Ÿ’ธ * Mistake: Going "all-in" on one trade, using excessively high leverage, or accepting too much risk for a single trade. * Tip to avoid: Apply the 1-2% rule of capital per trade. Don't let a losing trade wipe out your account! 4. Trading Based on Emotions (FOMO & FUD) ๐ŸŽข * Mistake: Chasing prices when they rise (FOMO), panic selling when prices drop (FUD). * Tip to avoid: Keep a cool head! Emotions are a trader's enemy. Stick to your plan, regardless of volatility. 5. Not Learning & Laziness to Update ๐Ÿ’ก * Mistake: Repeating old mistakes, not analyzing trades, and refusing to learn new things. * Tip to avoid: Treat every mistake as a lesson. Take notes, analyze, and continuously improve your knowledge to adapt to the market. Avoiding these 5 "falls" will make you much more stable in the Do you want to add any more mistakes? Share your experiences in the comments below! ๐Ÿ‘‡ โš ๏ธ Disclaimer: The cryptocurrency market carries very high risks, and you may lose your entire capital. Always do your own thorough research (DYOR). #NewTrader #TradingMistakes #QuanLyRuiRo #CryptoTrading #BinanceSquare #KinhNghiemCrypto
๐Ÿšจ5 Common Mistakes New Traders Make (Don't Get Caught!)
1. Lack of Knowledge & Laziness in DYOR ๐Ÿ“š
* Mistake: Buying based on rumors and tips without understanding the project.
* Tip to avoid: Always DYOR thoroughly (Project, Technology, Team, Charts...). Knowledge is the "guiding light"!
2. No Trading Plan ๐Ÿ“
* Mistake: Buying and selling impulsively, not setting Stop-Loss or Take-Profit from the start.
* Tip to avoid: Each trade is a plan! Clearly define entry and exit points to trade with discipline.
3. Poor Capital Management (Taking Excessive Risks) ๐Ÿ’ธ
* Mistake: Going "all-in" on one trade, using excessively high leverage, or accepting too much risk for a single trade.
* Tip to avoid: Apply the 1-2% rule of capital per trade. Don't let a losing trade wipe out your account!
4. Trading Based on Emotions (FOMO & FUD) ๐ŸŽข
* Mistake: Chasing prices when they rise (FOMO), panic selling when prices drop (FUD).
* Tip to avoid: Keep a cool head! Emotions are a trader's enemy. Stick to your plan, regardless of volatility.
5. Not Learning & Laziness to Update ๐Ÿ’ก
* Mistake: Repeating old mistakes, not analyzing trades, and refusing to learn new things.
* Tip to avoid: Treat every mistake as a lesson. Take notes, analyze, and continuously improve your knowledge to adapt to the market.
Avoiding these 5 "falls" will make you much more stable in the
Do you want to add any more mistakes? Share your experiences in the comments below! ๐Ÿ‘‡
โš ๏ธ Disclaimer: The cryptocurrency market carries very high risks, and you may lose your entire capital. Always do your own thorough research (DYOR).
#NewTrader #TradingMistakes #QuanLyRuiRo
#CryptoTrading #BinanceSquare #KinhNghiemCrypto
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Risk Management: A Necessary Issue in the Crypto Market#quanlyruiro Today I am writing this because I want to share with everyone about risk management. Currently, there are many new players in futures who are trading junk coins without understanding the risks involved in playing with junk or shit coins. It is like a gamble and can cause your account to disappear in 20 seconds with 5x or 10x leverage. Even with BTC, when it reached ATH of 109k USD, no one thought it would drop to the 80k mark, but just a month later it fell back to 74k. And BTC is the king of crypto, so if it can sweep liquidity long like that, thereโ€™s no reason why junk coins canโ€™t drop 10 or even 1000 times.

Risk Management: A Necessary Issue in the Crypto Market

#quanlyruiro Today I am writing this because I want to share with everyone about risk management. Currently, there are many new players in futures who are trading junk coins without understanding the risks involved in playing with junk or shit coins. It is like a gamble and can cause your account to disappear in 20 seconds with 5x or 10x leverage.
Even with BTC, when it reached ATH of 109k USD, no one thought it would drop to the 80k mark, but just a month later it fell back to 74k. And BTC is the king of crypto, so if it can sweep liquidity long like that, thereโ€™s no reason why junk coins canโ€™t drop 10 or even 1000 times.
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