#BullishIPO 🔑 Trading Tips for Beginners
1️⃣ Learn first, earn later
• Don't enter the market without understanding what a candlestick is (open, close, high, and low).
• Spend time practicing on a demo account or with small amounts before risking significant money.
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2️⃣ Always use a trading plan
Your plan should include:
• 📊 Clear strategy (example: trend + pullback + confirmation with candlestick).
• 🎯 Entry and exit rules.
• 🛑 Defined stop-loss BEFORE entering.
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3️⃣ Control risk
• Risk a maximum of 1%–2% of your capital per trade.
• No matter how confident you are, always set a stop-loss.
• Remember: survive > win quickly.
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4️⃣ Trade in the direction of the trend
• Beginners often lose by trying to “guess turns.”
• If the EMA20 and EMA50 point up → look for buys only.
• If they point down → look for sells only.
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5️⃣ Use longer time frames
• In 5m or 15m there is a lot of noise and false breakouts.
• Better to start in 1H or 4H → clearer movements and less stress.
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6️⃣ Psychology rules
• Don't chase the market: if you missed an entry, wait for another.
• Don't try to “recover” quickly after a loss → it usually ends in more losses.
• Be patient: professional traders wait more than they trade.
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7️⃣ Keep a trading journal
• Record each trade (asset, entry, stop, result, emotion).
• This shows you your mistakes and strengths clearly.
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8️⃣ Avoid trading on important news
• Candles go wild during announcements from the FED, inflation, halving, etc.
• As a beginner, it's better to stay out during those times.
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9️⃣ Less is more
• Don't try to trade 10 cryptos at once.
• Choose 1–2 (e.g., BTC/USDT and BTR/USDT) and get to know them well.
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🔟 Think in probabilities, not certainties
• No strategy is 100% accurate.
• What matters is that your average gains are greater than your average losses.