**Binance Trading Essentials: Minimize Loss, Maximize Gains**
1. **Risk Control**
- **Stop-Loss**: Set at 2-5% below entry. Use *trailing stops* to lock profits.
- **Risk 1-2% per trade** (e.g., $10 risk on a $1k account).
- **Risk-Reward ≥ 1:2** (target $20 gain if risking $10).
2. **Key Strategies**
- **Scalping**: Profit from tiny price moves; use RSI/MACD for entries.
- **Trend Trading**: Buy when price > 50-day MA; sell below support.
3. **Tools to Use**
- **OCO Orders**: Automate take-profit/stop-loss.
- **Low Leverage**: Stick to 2-5x to avoid liquidation.
4. **Mindset**
- Avoid FOMO/panic. **Stick to your plan**.
- Never overtrade—quality > quantity.
5. **Stay Safe**
- Enable 2FA, avoid public Wi-Fi.
- Track taxes with Binance exports.
**Quick Checklist** ✅
- Stop-loss set?
- Risk ≤2%?
- High-liquidity pair (BTC/USDT)?
- News events checked?
Short-term trading = discipline + tools. Stay sharp! 💹