Must-see for explosive profits! 5 essential trading survival tips for beginners, missing out could be deadly!

Short-term speculation, risks sky-high

Short-term contracts are favored by newcomers and are also the most money-burning strategies. Luck plays a huge role, and losses often far exceed profits, so remember not to rush in blindly.

Take profit and stop loss, the first rule for survival

With prices fluctuating wildly, set stop losses in time to avoid losing everything, and rationally take profits to lock in gains; don’t let profits slip away.

Disciplined trading, emotions are the enemy

Greed and fear can lead to significant losses. Set your take profit and stop loss before entering, strictly follow your trading plan, and don’t crazily average down on losses; the more you average down, the more you lose!

Market analysis, avoid choppy markets

Weekend fluctuations are the most common; don’t be greedy over the long term, if you can make a profit, take it; a one-sided market is the golden opportunity, buy low and sell high, and profits can easily double.

Trend judgment, following the right direction leads to winning

Daily and weekly candlesticks are trend indicators; blindly chasing up and down will only lead to big losses. Learn to read the trend, and half of your profits are already secured!

For newcomers entering the crypto world, remember these 5 points to survive in this crazy market! #币安Alpha推出MERL交易竞赛 $BTC