Here are some key Binance trading strategies:
Dollar-Cost Averaging (DCA): Invest a fixed amount regularly regardless of price to reduce the impact of volatility and benefit from long-term growth. This is good for beginners and long-term holders.
Delta Neutral Trading: Go long on spot and short on futures simultaneously to neutralize price exposure and earn funding fees in futures markets. This strategy profits from funding rates rather than price movements.
Scalping: Make quick trades to exploit small price movements repeatedly. Requires high liquidity and advanced skills, suitable for experienced traders.
Futures Grid Trading: Set a price range and grid levels to automatically buy low and sell high within that range, capturing profits from market fluctuations without constant monitoring.
Use of Stop Loss and Trailing Stops: Protect profits and limit losses by setting stop loss orders and trailing stops that adjust as the price moves favorably.
Risk Management: Always implement risk controls like position sizing, stop losses, and diversification to manage the high volatility and leverage risks in crypto futures trading.
Record Keeping: Track every trade with reasons, outcomes, and lessons to refine and improve your strategy over time.
These strategies can be combined or tailored depending on your trading style and risk tolerance on Binance.