📌 Important Notes About Spot Trading in Binance
Know the Basics – Spot trading means buying and selling crypto directly at market price.
Types of Orders – Market, Limit, and Stop-Limit orders each serve different purposes.
Liquidity Matters – Higher liquidity = smoother trades with less slippage.
Check Trading Fees – Maker vs Taker fees can impact your profit.
Risk Management – Use stop-loss, diversify, and never trade with all your funds.
Avoid Over-Leverage Thinking – Spot is safer than futures, but poor planning can still cause losses.
Keep Records – Track entry, exit, and reasons behind every trade.
Don’t Chase Pumps – Enter with logic, not fear of missing out.
Use Charts & Indicators – Tools like RSI, MACD, and volume can guide decisions.
Stay Updated – News and regulations can instantly affect prices.
Secure Your Account – Enable 2FA, avoid scams, and protect your keys.
Have Patience – Consistency is more valuable than risky moves.
