#BinanceSquare #CryptoTips #TradingStrategy #WriteToEarn #BinanceFutures ๐ช POST TITLE:
"3 Common Mistakes New Traders Make on Binance (And How to Avoid Them)"
---
๐ POST CONTENT:
๐ซ Many new traders lose money not because of the market, but because of simple mistakes.
Here are 3 common mistakes and how you can avoid them:
---
โ 1. Overleveraging
> Using 50xโ125x leverage without a clear stop-loss can destroy your balance in one candle.
๐น Tip: Always use 10x or below if you're a beginner and set your SL wisely.
---
โ 2. Trading Without a Plan
> Random entry/exit = random results.
๐น Tip: Use indicators like RSI + Supertrend and always calculate your risk-reward.
---
โ 3. Ignoring Market News
> News can flip the trend instantly.
๐น Tip: Check news before you trade โ like CPI, ETH upgrade, or Binance announcements.
---
๐ My Rule: "Trade with logic, not with emotions."