Most traders fail not because of bad markets, but because they trade without a plan. A good trading plan is like a map — it tells you where to start, when to move, and when to stop.
Start by defining your goal. Are you aiming for daily gains or long-term growth? This will shape your entire approach.
Next, choose your strategy. Keep it simple. For example, trade only when your chosen indicators align (like EMA crossover or RSI confirmation).
Decide your risk per trade. Many successful traders risk only 1–2% of their capital on a single trade.
Set entry and exit rules before you open a trade. No changing them mid-trade just because “it feels right.”
Finally, review your trades weekly. Learn what worked, what didn’t, and adjust — but don’t change your plan daily.
A solid plan won’t make every trade a winner, but it will keep you in the game long enough to grow consistently.
Disclaimer: This content is for educational purposes only and not financial advice.
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