If you’re just starting out with trading on Binance, it’s smart to build a solid foundation. Let’s break it down step by step:

1. Learn the Basics First

- Spot trading: Buying low and selling high — the simplest form of trading.

- Margin trading: Using borrowed funds to trade — riskier and best avoided at the start.

- Futures trading: Speculating on price movements without owning the actual asset — also risky for beginners.

Tip: Stick to spot trading until you’re confident.

2. Master Risk Management

Never risk more than you can afford to lose.

- Apply the 1-2% rule: Don't risk more than 1-2% of your trading capital on one trade.

- Use stop-loss orders to sell automatically if the price goes against you — this saves you from large losses.

3. Learn About Market Orders and Limit Orders

- Market order: Fills immediately at the best available price — quick but may not receive the best price.

- Limit order: Allows you to specify the price you want — fills only if the market reaches that price.

Tip: Make use of limit orders to manage your entry and exit points.

4. Learn Chart Patterns and Indicators

- Begin with simple support and resistance levels.

- Get familiar with indicators such as Moving Averages (MA), Relative Strength Index (RSI), and MACD — but do not over-illustrate your charts.

- Be aware of volume spikes — they tend to precede strong price movements.

5. Practice with the Demo Account (Testnet)

- Binance has a futures testnet — practice with it without risking actual money.

Tip: If a strategy fails in demo mode, it won't work with real money either.

6. Diversify, Don't Put All Your Eggs in One Basket

- Don't go "all in" on one asset.

- Diversify your investments among various coins to minimize risk.

7. Stay Informed and Be Patient

- Keep up with Binance's announcements — listings, collaborations, and events can impact prices.

- Participate in crypto communities (such as Binance's official Twitter or Telegram) — but watch out for hype and FOMO.

8. Make a Trading Plan

- Set your entry and exit points.

- Set a profit target and max loss for each trade.

- Adhere to the plan — no impulsive trades.

Do you want me to assist you in creating a basic trading strategy or dissect a specific chart pattern? Let me know!