$SOL $SUI It is very important to be aware of trading risks, as wrong decisions or overconfidence can lead to big losses. Here are some important tips:
1. Plan your risk management:
Never risk more than 1-2% of your total portfolio on a single trade.
2. Use stop losses:
Set a stop loss on each trade to keep losses under control.
3. Control your emotions:
Trade based on a plan and analysis, rather than making decisions based on fear or greed.
4. Avoid overtrading:
Don't trade repeatedly in the hope of making more profit; this can increase losses.
5. Use leverage wisely:
High leverage offers the opportunity for big profits, but at the same time it increases the risk significantly.
6. Follow reliable information and analysis:
Trade based on verified information and technical/fundamental analysis, rather than following rumors or unscientific advice.
7. Learn regularly:
Continue to study and practice regularly to understand the volatility of the market.#BinanceAlphaAlert