3 Strategies Used by Professionals in Cryptocurrency Trading on Binance
Professionals in cryptocurrency trading do not rely on luck, but on clear strategies:
Precise Capital Management: They do not risk more than 1-2% of their capital in a single trade, which protects them from large losses.
Strict Technical Analysis: They rely on indicators such as RSI and MACD, and candlestick patterns to accurately determine entry and exit points.
Stop Loss and Profit Strategy: Setting limits for losses and profits in advance prevents emotional trading and protects profits.
These strategies make their trading more disciplined and effective, and reduce the common mistakes made by beginners.