Trading is not a stroke of luck… it’s clear steps that, if followed, will reduce risk and increase the chance of profit 👇
1️⃣ Start with research before buying (DO YOUR RESEARCH) 🔍💡
Before you buy any currency, you must do:
✔️ Simple fundamental analysis:
– Is the project effective?
– Does it have a strong team?
– Does it have partnerships?
✔️ Simple technical analysis:
– Is the price currently in a suitable area?
– Is there strong support nearby?
✔️ Make sure of the liquidity:
If liquidity is low → the coin is risky and may be hard to sell later.
2️⃣ Determine the entry plan before you buy 🎯💰
Don't enter randomly. You must determine:
✔️ Buying area
✔️ Stop Loss
✔️ First take profit zone
✔️ Your entry reason (Uptrend? Strong news? Significant support zone?)
If you don't have a reason → don't enter.
3️⃣ Don't enter all your capital in one trade ⚠️
Distribute your entry over 2 or 3 installments so that even if the price drops, you benefit.
This is a way to reduce stress and increase profit opportunities.
4️⃣ While trading… don't change your plan due to emotions 🧠❌
– If the market suddenly drops… don't change the stop loss out of fear.
– If the market skyrockets… don't change the profit target out of greed.
Commitment is the secret to profit.
5️⃣ When do you withdraw your profits? Basket strategy 🧺🟩
When you start to profit… don't wait for the peak, follow the professionals' strategy:
⚡ Withdraw 25% at the first profit target
⚡ Withdraw 25% at the second target
⚡ Leave the last part for the medium term
⚡ Raise the stop loss above your entry point to secure your profits
Like this:
✔️ You maintain your profits
✔️ Stay in the market if the price continues to rise 🚀
6️⃣ When do you withdraw completely?
⬅️ If the price breaks a strong support zone.
⬅️ Or strong negative news appeared.
⬅️ Or you reached your target and the project is no longer attractive to you.
The market always gives new opportunities… don't cling to a losing coin.
7️⃣ After completing the transaction… evaluate your performance 📝
Ask yourself:
– Did you stick to the plan?
– Did you enter due to analysis or emotion?
– Was your entry good?
This is how you build your real experience.
#CryptoTrading.
#RiskManagement
#SmartTrading
#binancearabic
