Some essential trade lessons..
1. Risk Management is Non-Negotiable
Many traders focus too much on finding the perfect entry. The truth? Protecting your capital is just as important. Use stop-losses, avoid over-leveraging, and never risk more than 1–2% of your portfolio on a single trade.
Pro Tip: Set stop-losses before you enter a trade, not after.
2. Don’t Chase Green Candles
FOMO (Fear of Missing Out) is one of the most common traps. Jumping into a coin just because it’s pumping can leave you holding the bag. Stick to your plan and wait for proper setups.
3. Understand Market Cycles
Crypto $BNB
moves in cycles—accumulation, uptrend, distribution, and downtrend. Learn to identify where you are in the cycle. This knowledge can help you avoid buying tops and panic-selling bottoms.
Example: Look back at Bitcoin’s 2017 and 2021 cycles for textbook patterns.
4. News Moves Markets, But So Does Sentiment
Market-moving news often triggers sharp price movements, but trader sentiment can amplify or mute that effect. Learn to read social signals, funding rates, and fear/greed indexes to stay one step ahead.
