# Tip

✅️Here are a collection of important information and tips that benefit traders on the Binance platform, whether they are beginners or professionals: ✅️

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1. Types of Orders on Binance:

Market Order: Buy or sell immediately at the best available price.

Limit Order: Set a specific price for buying or selling.

Stop-Limit: Used to set a stop-loss or take profit.

OCO Order: Two orders at the same time, one cancels the other (e.g., stop loss and take profit at the same time).

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2. Important Analysis Tools:

Technical Indicators: Such as RSI, MACD, Bollinger Bands.

Candlestick Patterns: Analyzing price movement.

Trading Volume: An important tool for understanding the strength of the movement.

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3. Capital Management:

Do not risk more than 1-3% of your capital in a single trade.

Always use a stop-loss.

Do not enter all your trades at once – diversification is essential.

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4. Security Alerts:

Enable Two-Factor Authentication (2FA).

Do not click on links from untrusted sources.

Do not share your information with any entity or person.

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5. Common Trading Strategies:

Scalping: Very short trades (seconds to minutes).

Day Trading: Entering and exiting on the same day.

Swing Trading: Holding the asset from days to weeks.

HODLing: Long-term holding.

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6. Using Binance Earn:

Earnings on cryptocurrencies without trading (staking, savings, launchpool).