HOW TO TRADE AS A BEGINNER
Want to start trading but feeling lost? Don’t worry—every pro was once a beginner. Let’s break it down simple & stress-free.

1️⃣ Learn the Basics First

❌ Don’t jump into live trading yet
✅ Do spend time learning:

What is a bull market vs. bear market?

What are candlesticks & support/resistance?

How do stop-loss and take-profit work?

(Watch YouTube tutorials or free Binance Academy courses!)

2️⃣ Start with a Demo Account

💰 No real money yet!
📱 Use Binance’s testnet or TradingView’s paper trading
🎯 Practice:

Buying & selling

Setting stop-losses

Reading charts

(Lose virtual money, not real money!)

3️⃣ Risk Small & Trade Slow

🔥 Big mistake: New traders risk too much too fast
💡 Smart rule: Never risk more than 1-2% of your account per trade
📉 Example: If you have $100, risk only $1-$2 per trade

(Small losses won’t break you. Big ones will.)

4️⃣ Master 1 Strategy First

🤯 Don’t try 10 strategies at once
🎯 Pick 1 simple method & stick to it:

Swing Trading (hold for days/weeks)

Day Trading (buy & sell same day)

Buy & Hold (HODL) (long-term)

(Even Warren Buffett started simple!)

5️⃣ Control Your Emotions

😤 Greed = Holding too long
😱 Fear = Selling too early
🧘 Solution: Stick to your plan, no matter what

(The market rewards patience, not panic.)

6️⃣ Review & Improve

📝 After every trade, ask:
✔ Did I follow my plan?
❌ What mistakes did I make?
📈 How can I improve next time?

(Journaling makes you a better trader!)

#CEXvsDEX101 #TradingTypes101 #MarketPullback #ElonMuskDOGEDeparture