Day 1: Get Started
Open a Binance account, complete KYC, and enable 2‑factor authentication.
Familiarize yourself with the interface—spot, futures, account areas.
Day 2: Learn the Basics
Understand key terms:
Spot trading vs futures
Long (bet price rises) and Short (bet it falls)
Margin, leverage, liquidation
Day 3: Manage Risk
Never risk all your capital—use small size per trade.
Always set stop‑loss and take‑profit orders.
Start with low leverage (like 5× or 10×) to reduce risk.
Day 4: Read Charts
Learn simple chart patterns: support, resistance, trendlines.
Use basic indicators like moving averages and RSI.
Try Binance Academy or YouTube for tutorials.
Day 5: Practice in Demo Mode
Use Binance’s testnet or demo accounts with fake funds.
Try different strategies (like scalping vs swing) to find your style.
Day 6: Go Live with Low Stakes
Start real trading—and keep each trade 1–2% of capital.
Use your stop‑loss/take‑profit rules without emotion.
Learn from each trade—small wins matter.
Day 7: Review and Refine
Look at your trades: which succeeded, which didn’t, and why.
Adjust your strategy based on what you learn.
Stay updated via Binance’s feed or Academy.