Effective margin trading strategies on Binance include several approaches:
- Long position – opening a trade for a long period with expectations of price growth or decline.
- Scalping – quick trades with small price movements, requiring a high reaction speed.
- Retracement trading – entering a trade after a price correction, using support and resistance levels.
- Average price – gradually increasing the position, lowering the average entry price.
- Hedging – protecting assets from sharp market movements by opening opposite positions.
- Swing trading – trading on medium-term price fluctuations using technical analysis.
The choice of strategy depends on your experience, risk tolerance, and market conditions.