#CreaotorPad #ETHRally My advice to you about trading, whether in cryptocurrencies or forex, is to consider it risk management before it is a search for profits.
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Key points:
1. Start with capital you can afford to lose
Do not invest money you need for your living or obligations. The market does not forgive the hasty.
2. Make a plan before entering
Determine: when to enter, when to exit, and how much to risk in the trade (usually no more than 1–3% of your capital).
3. Use Stop Loss
This is your shield against sudden crashes.
4. Don't chase the market
If you missed an opportunity, do not try to catch up hastily, wait for your next opportunity.
5. Learn technical and fundamental analysis together
Technical analysis guides you to entry and exit points, while fundamental analysis helps you understand the reasons behind market movements.
6. Control your emotions
Fear and greed are the greatest enemies of a trader. Stick to the plan instead of making emotional decisions.
7. Record your trades
Write down your trades and their results to learn from your mistakes and develop your strategy.$BNB