#BinaceTradeSmarter
Trading without a plan: Don't trade blindly!
Entering the market without a plan? It's like driving at night without headlights!
Every trade needs to have a clear plan:
When to enter? (Entry point)
When to exit? (Profit target)
How much can you afford to lose? (Stop loss)
How much is your amount in the trade? (Capital management)
Without this plan, your decisions become random, and emotions take control. The market drops? You sell out of fear. The market soars? You enter out of greed.
Trading is a business, not a game of luck. Plan as if you're building a business, not as if you're playing at a casino.
Your planning today = Your profits tomorrow!
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