📌 10 GOLDEN RULES FOR TRADERS ON BINANCE 1️⃣ Never trade without a plan! 📝
✅ Define your strategy: Scalping, day trading, swing trading?
✅ Set stop-loss and take-profit before entering.
❌ No plan = Trading by emotion = Guaranteed losses.
2️⃣ Always use STOP-LOSS 🛑
🔴 Don't rely on "I'll hold until I recover" – The market doesn't forgive.
🛡️ Protect your capital: An automatic stop-loss is your best ally.
3️⃣ Manage your risk: The 1%-2% rule 💸
⚠️ Never risk more than 1-2% of your capital per trade.
📉 Example: If you have $1,000, don't lose more than $10-$20 per trade.
4️⃣ Diversify, but not too much 🌐
✔️ 3-5 well-studied assets > 20 uncontrolled coins.
❌ Avoid FOMO: Don't enter a coin just because it's "rising fast".
5️⃣ Don't use high leverage (x10, x25...) without experience ⚠️
🚨 Leverage can multiply your gains... and your losses!
🔐 For beginners: Maximum x3-x5 (and only with proven strategies).
6️⃣ Keep a record of ALL your trades 📊
📌 Note: Entry, exit, emotions, mistakes.
🔍 Analyze your trades weekly to improve.
7️⃣ Ignore "tips" from influencers/Telegram groups 🚫
💡 Do your own analysis (TA + FA).
❌ 90% of "signals" are scams or pump & dumps.
8️⃣ Beware of overtrading ⏳
🔄 Fewer trades = More quality.
🧘♂️ If the market isn't providing opportunities, wait.
9️⃣ Separate emotions from trading 🧠
😤 Losses? Don't seek revenge in the next trade.
🎯 Gains? Don't get cocky: Stick to your plan.
🔟 Never use money you need 💰
🚫 Only trade with capital you can afford to lose.
🛌 You'll sleep better and make rational decisions.
