BullishBanter
--
9 BASIC RULES EVERY CRYPTO TRADER ON BINANCE MUST FOLLOW
If you want to grow in trading and avoid silly mistakes, follow these simple but powerful rules. These rules are made to help beginners stay safe and help experienced traders stay smart.
1. Go With the Market, Not Against It
Always check the market direction before trading.
If the market is going up (bullish), focus on buying.
If the market is going down (bearish), look for sell chances.
Wrong direction = Loss. Right direction = Profit.
2. Use Stop Loss Every Time
Never enter a trade without a stop loss.
Markets can move fast — one mistake can empty your account.
Only risk 1–2% of your money on each trade.
3. Don’t Chase Every Move
You don’t have to trade all the time.
Wait for strong setups with clear entry and exit points.
One good trade is better than ten random trades.
4. Don’t Trade With Emotions
Fear, greed, and stress are your biggest enemies.
Always follow your plan, not your feelings.
A calm trader is a winning trader.
5. Learn Before You Risk
Before trying any new strategy, test it first.
Check how it worked in the past — that’s called backtesting.
Never risk real money on something you don’t fully understand.
6. Keep a Trade Journal
Write down all your trades — entry, exit, reason, and result.
Review your journal weekly. It helps you learn faster and spot your mistakes.
7. Risk What You Can Afford to Lose
Only trade with extra money — not rent, bills, or borrowed funds.
This will keep you stress-free and more focused.
8. Don’t Copy Others Blindly
Learn from others, but don’t follow trades without understanding why.
Even the best trader is not right every time.
9. Stay Updated With Market News
Big news can move prices fast.
Always check the news before entering trades, especially around major updates.
DAILY HABITS TO FOLLOW
Check the trend on larger timeframes (1H, 4H, Daily)
Mark support and resistance zones
Make a full plan before entering (entry, SL, targets)
Set risk per trade
Stay relaxed — no FOMO, no panic
QUICK REMINDER FOR ALL TRADERS
The market pays the patient, not the busy. Don’t rush — trade with reason.
CALL TO ACTION
If you truly want to trade better from today, type “YES” in the comments.
Tag a friend who needs to see this — help them avoid common mistakes.
1. Go With the Market, Not Against It
Always check the market direction before trading.
If the market is going up (bullish), focus on buying.
If the market is going down (bearish), look for sell chances.
Wrong direction = Loss. Right direction = Profit.
2. Use Stop Loss Every Time
Never enter a trade without a stop loss.
Markets can move fast — one mistake can empty your account.
Only risk 1–2% of your money on each trade.
3. Don’t Chase Every Move
You don’t have to trade all the time.
Wait for strong setups with clear entry and exit points.
One good trade is better than ten random trades.
4. Don’t Trade With Emotions
Fear, greed, and stress are your biggest enemies.
Always follow your plan, not your feelings.
A calm trader is a winning trader.
5. Learn Before You Risk
Before trying any new strategy, test it first.
Check how it worked in the past — that’s called backtesting.
Never risk real money on something you don’t fully understand.
6. Keep a Trade Journal
Write down all your trades — entry, exit, reason, and result.
Review your journal weekly. It helps you learn faster and spot your mistakes.
7. Risk What You Can Afford to Lose
Only trade with extra money — not rent, bills, or borrowed funds.
This will keep you stress-free and more focused.
8. Don’t Copy Others Blindly
Learn from others, but don’t follow trades without understanding why.
Even the best trader is not right every time.
9. Stay Updated With Market News
Big news can move prices fast.
Always check the news before entering trades, especially around major updates.
DAILY HABITS TO FOLLOW
Check the trend on larger timeframes (1H, 4H, Daily)
Mark support and resistance zones
Make a full plan before entering (entry, SL, targets)
Set risk per trade
Stay relaxed — no FOMO, no panic
QUICK REMINDER FOR ALL TRADERS
The market pays the patient, not the busy. Don’t rush — trade with reason.
CALL TO ACTION
If you truly want to trade better from today, type “YES” in the comments.
Tag a friend who needs to see this — help them avoid common mistakes.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.