Question: Why people don't put SL while trading and than the | Ch-786 on Binance Square

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Question: Why people don't put SL while trading and than they complain and cry for the loss. 
#TradingTales #TradingCommunity #MarketPullback #FOMO 

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How to Earn from Binance Square’s “Write to Earn” – My Quick Guide

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Hey guys if u Wana earn and don't wana loose ur capital than stay away from meme coins. Stay into main coins or Alt coins and don't use high leverage and always always use SL. And no matter which coin u trade in always check BTC rate first. #BTC #TradingTales #TradingCommunity

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Crucial Strategies & Tools for Low Capital Trade * **Simple Indicators:** * **RSI Identify overbought (>70) / oversold (<30) conditions for potential reversals (works best in ranges, use cautiously in strong trends). * **Volume:** Confirm breakouts (volume should increase) or identify weakening moves (volume drying up). * **Moving Averages (MA):** 50 & 200 MA often act as dynamic S/R. Crosses (e.g., 50 crossing 200 - "Golden Cross"/"Death Cross") signal potential trend changes. * **Candlestick Patterns:** Learn basic reversal (Hammer, Engulfing) and continuation patterns. 2. **Correlation is Key:** Always check what BTC is doing. If BTC is dumping strongly, even the "most predictable" altcoin will likely struggle to rally. Trade alts in the direction of BTC's momentum. 3. **Timeframes:** * **Scalping:** 1m, 5m charts. Use S/R, simple patterns, volume spikes. Lightning-fast decisions. * **Day Trading:** 15m, 30m, 1h charts. Combine S/R, trendlines, MAs, RSI. * **Swing Trading:** 4h, 1D charts. Focus on trends, major S/R, MA crosses, chart patterns. 4. **Risk Management is NON-NEGOTIABLE (Especially Low Capital):** * **Always Use Stop-Loss (SL):** Define your max loss *before* entering a trade. Place it immediately. This protects your tiny capital from being wiped out by one bad trade. * **Position Sizing:** Never risk more than 1-2% of your *total capital* on a single trade. For $100 capital, max risk per trade = $1-$2. * **Take Profit (TP):** Define profit targets based on S/R levels or risk-reward ratios (e.g., aim for 2:1 or 3:1 reward vs risk). * **Avoid Over-Leverage:** Leverage amplifies both gains AND losses. With low capital, high leverage is a fast track to liquidation. Start with 1x-5x MAX, or better yet, spot trading. #BTC #TradingCommunity #TrendingTopic #Write2Earn

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