🟢 Lesson 1: Trading Fundamentals (Part 5)

🔹 How to Start Trading – Step by Step

Now that you understand what trading is, the market types, order types, and trading styles — it’s time to take action. But don’t rush in blindly. Start with a simple, structured plan.

✅ Step 1: Choose Your Market

Start with the spot market. It’s safer and easier for beginners than futures.

✅ Step 2: Pick One Coin to Focus On

Don’t try to trade everything. Start by observing 1 or 2 major coins like BTC or ETH.

✅ Step 3: Create a Simple Trading Plan

Example:

Trade with a small amount ($10–$20)

Risk no more than 1–2% per trade

Use limit orders

Set a stop-loss and take-profit

✅ Step 4: Track Your Trades

Keep a simple trading journal:

Why did you enter?

Entry and exit price

Result (profit/loss)

What did you learn?

✅ Step 5: Keep Learning

Markets evolve. So should you. Stay disciplined, stay updated — and never risk money you can’t afford to lose.

📌 This wraps up Lesson 1: Trading Fundamentals.

📍 Note: Each lesson will be posted in multiple parts like this due to Binance Square’s word limit.

See you tomorrow at 11:00 PM GMT for Lesson 2.

#Lesson1 #Part5 #GettingStarted #CryptoEducation #BinanceSquare