How To trade like a pro on Binance,
Here's a step-by-step guide to help you level up your trading:
1. Master the Basics
Understand crypto: Know what you're trading (Bitcoin, Ethereum, etc.).
Learn Binance features: Explore Spot, Futures, Margin trading, and how order types work (Market, Limit, Stop-Limit).
Set up security: Enable 2FA and withdrawal whitelist.
2. Use a Professional Setup
TradingView integration: Use Binance's advanced charting or link with TradingView for better technical analysis.
Use Binance desktop app: It's faster and more stable than the browser for active traders $ADA
3. Develop a Strategy
Technical analysis (TA): Learn candlestick patterns, RSI, MACD, volume analysis, trendlines.
Risk management: Use stop-loss orders, never risk more than 1-2% of your capital per trade.
Plan trades: Set clear entry/exit points based on analysis.
4. Stay Informed
Follow news: Use Binance news feed, Twitter (crypto influencers), and CoinDesk.
Watch market sentiment: Tools like Fear & Greed Index or funding rates help with timing.