Binance Square

hero_trader

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Beginner to Pro: Mastering Binance in 7 DaysDay 1: Get Started Open a Binance account, complete KYC, and enable 2‑factor authentication. Familiarize yourself with the interface—spot, futures, account areas. Day 2: Learn the Basics Understand key terms: Spot trading vs futures Long (bet price rises) and Short (bet it falls) Margin, leverage, liquidation Day 3: Manage Risk Never risk all your capital—use small size per trade. Always set stop‑loss and take‑profit orders. Start with low leverage (like 5× or 10×) to reduce risk. Day 4: Read Charts Learn simple chart patterns: support, resistance, trendlines. Use basic indicators like moving averages and RSI. Try Binance Academy or YouTube for tutorials. Day 5: Practice in Demo Mode Use Binance’s testnet or demo accounts with fake funds. Try different strategies (like scalping vs swing) to find your style. Day 6: Go Live with Low Stakes Start real trading—and keep each trade 1–2% of capital. Use your stop‑loss/take‑profit rules without emotion. Learn from each trade—small wins matter. Day 7: Review and Refine Look at your trades: which succeeded, which didn’t, and why. Adjust your strategy based on what you learn. Stay updated via Binance’s feed or Academy. #tips #knowledge #hero_trader #BinanceHODLerHOME $BTC {spot}(BTCUSDT) $LAYER {spot}(LAYERUSDT) $TRUMP {spot}(TRUMPUSDT)

Beginner to Pro: Mastering Binance in 7 Days

Day 1: Get Started
Open a Binance account, complete KYC, and enable 2‑factor authentication.
Familiarize yourself with the interface—spot, futures, account areas.

Day 2: Learn the Basics
Understand key terms:
Spot trading vs futures
Long (bet price rises) and Short (bet it falls)
Margin, leverage, liquidation

Day 3: Manage Risk
Never risk all your capital—use small size per trade.
Always set stop‑loss and take‑profit orders.
Start with low leverage (like 5× or 10×) to reduce risk.

Day 4: Read Charts
Learn simple chart patterns: support, resistance, trendlines.
Use basic indicators like moving averages and RSI.
Try Binance Academy or YouTube for tutorials.

Day 5: Practice in Demo Mode
Use Binance’s testnet or demo accounts with fake funds.
Try different strategies (like scalping vs swing) to find your style.

Day 6: Go Live with Low Stakes
Start real trading—and keep each trade 1–2% of capital.
Use your stop‑loss/take‑profit rules without emotion.
Learn from each trade—small wins matter.

Day 7: Review and Refine
Look at your trades: which succeeded, which didn’t, and why.
Adjust your strategy based on what you learn.
Stay updated via Binance’s feed or Academy.
#tips #knowledge #hero_trader #BinanceHODLerHOME $BTC
$LAYER
$TRUMP
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Bullish
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Bearish
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Bullish
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