When using Binance Alpha Alert as a beginner, follow the "3-2-1 Verification Rule" to avoid false positives that could lead to poor trading decisions:
Wait at least three minutes after receiving an alert before taking any action to avoid impulsive decisions.
Always verify signals by checking trading volume and price action on different timeframes before making trades.
Limit trades based solely on alerts to 1% of your portfolio until you've established a track record with the system.
Use Binance Alpha alerts as starting points for your own analysis, not as automatic buy/sell signals.
Filter alerts by confidence level (Tier 1-3) and only act on highest confidence signals when starting out.
Compare alert signals against overall market trends to identify potential false positives during volatile periods.
Document your alert-based trades to identify which signal types work best for your trading style.