#TradingTypes101
🎯 Trading Tap 101: Where does a trader's journey begin?
The world of trading may seem complex and even frightening, but it all starts with something simple. If you are just beginning, here are the basic steps — this is your Trading Tap 101:
📌 1. Define your goal.
Do you want to make quick profits or are you building a long-term strategy? Everything depends on this — from the choice of coins to the platform.
📌 2. Learn the basics.
– What is an order?
– What do limit, market, stop-loss mean?
– What is the difference between spot and futures trading?
Understanding the terms is like knowing the letters before reading books.
📌 3. Start small.
Try trading on a demo account or with small amounts. It’s better to lose $1 and understand the market than to lose $100 and only understand emotions.
📌 4. Use trading platforms wisely.
Platforms like Binance, Bybit, or OKX provide access to analytics, charts, and tools that really help.
📌 5. Don’t believe in "guaranteed profit".
If someone promises that you will "definitely make money" — it is almost always a trap. Trading is a risk, but a manageable risk.
📌 6. Emotions are the enemy.
Greed, fear, panic — these are what kill deposits. Always have a plan and maintain discipline.