1. Trade with a Clear Plan
Set your entry point, stop-loss, and take-profit before executing.
Don’t enter a trade just because a coin is “pumping.”
2. Use Technical Indicators
Use Moving Averages (MA), RSI, MACD, and Volume to spot trends.
Confirm patterns like breakouts, support/resistance, or trend reversals.
3. Manage Your Risk
Never risk more than 1–3% of your portfolio per trade.
Always use a stop-loss to limit losses.
Avoid emotional trading after losses or big wins.
4. Watch the News & Market Sentiment
Monitor Binance News, Twitter/X, and Crypto Fear & Greed Index.
Be cautious around major events (e.g., Fed decisions, SEC cases, Bitcoin halving, etc.).
5. Trade Liquid Pairs
Stick to high-volume trading pairs (e.g., BTC/USDT, ETH/USDT).
Avoid obscure tokens with thin liquidity, especially during volatile times.
6. Use Binance Features Wisely
Spot trading for beginners simpler and safer.
Futures only if you're experienced high risk.
Consider Grid Trading or Auto-Invest for passive strategies.
Example of a Sensible Trade
You see ETH/USDT forming a bullish flag with RSI under 70 (not overbought). You set a buy at $3,300, stop-loss at $3,150, and target $3,600. You risk only 2% of your portfolio. That’s a sensible setup planned, low-risk, and based on a valid chart pattern.