To achieve $100 daily from trading on the Binance platform, you must have a comprehensive understanding of the market and cryptocurrencies, a clear trading strategy, and the ability to manage risks. There is no guarantee of achieving consistent daily profits, especially with the volatility of the cryptocurrency market, but with practice, discipline, and careful analysis, aspiring traders can reach their financial goals.

To achieve this goal, you can follow these steps:

1. Understand the basics of trading:

Learn basic trading terminology such as 'buy and sell orders', 'leverage', 'stop loss', and 'take profit'.

Learn about the different types of analysis (technical and fundamental) and how to use them to make informed trading decisions.

Learn how to read charts and identify support and resistance levels.

2. Choose a trading strategy:

Day trading: Involves opening and closing positions within the same day to take advantage of small price movements. This requires significant time and effort, but it can be profitable.

Swing trading: Involves holding positions for several days or weeks to take advantage of larger trends. This requires less frequent analysis but demands patience.

Margin trading: Involves using leverage to increase buying power, which can amplify both profits and losses. This option is for experienced traders and carries significant risks.

3. Risk management:

Determine your position size: Do not risk more than 1-2% of your capital in any single trade. This helps protect your capital from large losses.

Use stop-loss orders: Set stop-loss orders to minimize potential losses if the market moves against you.

Diversify your portfolio: Don't put all your money into one cryptocurrency. Diversify your portfolio to spread the risks.

Avoid buying at the top and selling at the bottom: This is common among beginner traders, but it can be avoided by following a clear strategy and sticking to it.

4. Start with a small capital:

Don't put all your money into trading at once. Start with a small capital to learn how to trade effectively and avoid unnecessary risks.

You can gradually increase your capital as you gain experience and success.

5. Practice and continuous learning:

Use a demo trading account on the Binance platform to practice different trading strategies without risking real money.

Read books and articles about trading, watch educational videos, participate in online forums and communities, and learn from experienced traders.

Never stop learning and improving, as the cryptocurrency market is constantly changing.

Market analysis:

After analyzing the BNB/USD charts, you discover that there is a strong support level at $300.

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