🔹 How to Start Trading – Step by Step
Now that you understand what trading is, the market types, order types, and trading styles — it’s time to take action. But don’t rush in blindly. Start with a simple, structured plan.
✅ Step 1: Choose Your Market
Start with the spot market. It’s safer and easier for beginners than futures.
✅ Step 2: Pick One Coin to Focus On
Don’t try to trade everything. Start by observing 1 or 2 major coins like BTC or ETH.
✅ Step 3: Create a Simple Trading Plan
Example:
Trade with a small amount ($10–$20)
Risk no more than 1–2% per trade
Use limit orders
Set a stop-loss and take-profit
✅ Step 4: Track Your Trades
Keep a simple trading journal:
Why did you enter?
Entry and exit price
Result (profit/loss)
What did you learn?
✅ Step 5: Keep Learning
Markets evolve. So should you. Stay disciplined, stay updated — and never risk money you can’t afford to lose.
📌 This wraps up Lesson 1: Trading Fundamentals.
📍 Note: Each lesson will be posted in multiple parts like this due to Binance Square’s word limit.
#Lesson1 #Part5 #GettingStarted #CryptoEducation💡🚀 #BinanceSquare
