How to Start Trading from Scratch? (A Simplified Guide)
New to crypto? Don’t worry — everyone starts somewhere. Here’s your simplified roadmap to start trading from scratch, the smart way:
🔍 Step 1: Learn Before You Leap
Understanding basics like what is blockchain, how crypto works, and the difference between spot, futures, and margin trading is essential. Binance Academy is a goldmine — use it.
💼 Step 2: Create a Binance Account
Sign up on Binance, complete KYC verification, and secure your account with 2FA. Remember: security first, always.
💰 Step 3: Fund Your Wallet
You can deposit fiat or crypto. Use Binance P2P, bank transfer, or a card. Start small — even $10 is enough to begin learning.
📊 Step 4: Choose the Right Market
For beginners, spot trading is the best place to start. Learn to read price charts, understand candlesticks, and set limit or market orders.
🧠 Step 5: Practice Risk Management
Never invest more than you can afford to lose. Use stop-losses. Follow the 1% rule: risk only 1% of your capital per trade.
📈 Step 6: Track, Learn, Improve
Keep a trading journal. Study your wins and losses. Markets teach best when you reflect.
Trading isn’t gambling — it’s a skill. Be patient, stay curious, and grow daily.
