✨ How to Manage Risks in Trading on Binance?
Risk management is the secret to survival in the crypto market. Even if you are making good profits, any small mistake can lead to significant losses.
🔹 1. Do not invest more than you can afford to lose
Golden rule: Only put in the market the amount that, if lost, will not affect your daily life.
🔹 2. Use Stop Loss orders
Always set a point to exit before the trend reverses against you. This simple tool protects your capital.
🔹 3. Diversify your investments
Do not put all your money into one currency. Diversification reduces risks.
🔹 4. Do not trade with your emotions
Fear and greed are the biggest enemies of a trader. Stick to your plan, and do not let emotions control your decisions.
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📌 Summary:
Trading is not just about seeking profits, but it is an art of protecting capital above all. 🚀
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