$BTC $SOL $XRP
If you're trading crypto on Binance and want to grow consistently while avoiding unnecessary losses, there are a few basic rules you must follow. These aren’t just for beginners — even experienced traders need to be reminded of them from time to time.
First, always trade in the direction of the market. If the market is bullish, look for buying opportunities. If it's bearish, focus on shorting or staying out. Trading against the trend is one of the quickest ways to lose money. Along with that, never enter a trade without a stop loss. Markets can move in seconds, and without protection, one wrong move can wipe out your account. Only risk 1–2% of your capital on any single trade to stay in the game longer.
Don't try to catch every market move. You don’t need to trade all the time — one high-quality trade is better than ten random ones. Be selective and patient. Emotional trading is another trap. Fear, greed, and stress will ruin your strategy. Stick to your trading plan, and never let emotions control your decisions.
Before trying any strategy, take time to learn and backtest it. Never risk real money on methods you don’t understand. A smart habit to develop is keeping a trading journal. Track your entries, exits, reasons, and results. Review it weekly to spot patterns and improve faster.
Only trade with money you can afford to lose — never risk rent, bills, or borrowed funds. This helps keep emotions under control. Also, don’t blindly copy others. Learn from them, yes, but understand the logic before following a trade. No trader is right 100% of the time.
Lastly, always stay updated with market news. Major announcements or events can move prices in seconds. Check the news before entering any trades, especially during high-volatility periods.
Make these your daily habits: start by checking the trend on higher timeframes like 1H, 4H, or Daily. Mark key support and resistance zones.