🚀 Spot Trading Tips & Cautions for New Traders
Starting your trading journey? Here are some key points every beginner should remember:
🔑 Tips for Spot Trading
✅ Start small – never invest all your money at once.
✅ DYOR (Do Your Own Research) before buying any coin.
✅ Always set a Stop-Loss to protect your capital.
✅ Focus on strong coins like BTC, ETH, BNB with good volume.
✅ Be patient – Spot trading is safer but slower than Futures.
✅ Lock small profits daily instead of waiting for big gains.
⚠️ Cautions for Beginners
❌ Don’t go all-in on a single trade.
❌ Avoid “Pump & Dump” hype coins.
❌ Don’t overtrade – fees + stress = losses.
❌ Control emotions (Fear & Greed = trader’s biggest enemies).
❌ Stay away from Leverage until you gain experience.
💡 Rule #1: Protect your capital. Profits will follow!
