Give any one ADVISE to new trader according to your experience in trading for me ; Discipline and risk management is key for trading if you can not follow both of them you can not make money in trading : trading is not a quick rich scheme you have to follow the process always learn from your mistakes don't trust on the bullshit things on social media make your own stratagy . #BinanceAlphaAlert
$BTC is about to break the bear flag trend line .if breakdown is confirm then we can see $BTC towards the 102k and 98k area is looking interesting #bitcoin
1. *Educate yourself*: Learn the basics of trading, including market analysis, risk management, and trading strategies. 2. *Set clear goals*: Define your trading goals and risk tolerance to guide your decision-making. 3. *Start small*: Begin with a small account and gradually increase your position size as you gain experience. 4. *Focus on risk management*: Prioritize risk management techniques, such as stop-loss orders and position sizing, to protect your capital. 5. *Stay disciplined*: Stick to your trading plan and avoid impulsive decisions based on emotions. follow me for more trading tips. #BinanceAlphaAlert #TradingSignals #tips
1)NEVER chase the Top Or Bottom 2. ONLY buy the dip after the second volume expansion. 3. Enter the bottom after second HL,never the first 4. EMA's,Volume & RSI are the way to heaven 5. When $btc dominance is high only touch #alts when you get confirmation of $BTC next move 6. Always have a plan B, your TA is never enough 7. Use SL, losing a little is better than losing half or all of it. 8. Buy support, never the middle or the top. 9. If I lose 3 out of 5 trades, stop! Frustrating trades will make you lose many more. 10. FOMO & FUD will come for you. Read these above again everytime if you feel on the edge. follow me for more trading tips #BinanceAlphaAlert #TrumpTariffs
1) BUILD A TRADING MINDSET: understand how a successful trader think and build confidence .Accept the trading involved controlled LOSSES and work with probability .Start with a demo account and gradually move to the live trading
2) RISK MANGEMENT : please understand this thing risk management is key in trading if you can't manage than trading is not for you and you can't become profitable trader .
3) TRADE WITH plan . Always make your own strategy and strictly follow it you have a plan about your trade when you enter and exit in the trade
4) OVERTRAINING you don't need to take too much trades every day in a day if your one or 2 trades hit your sl 🛑 then close the screen and enjoy your time with family do not try to cover our losses in same day
5) ALWAYA LEARN FROM YOUR mistake try to accept your mistake and do it repeat in the next trades you can learn a something new everyday from this market #BinanceAlphaAlert
WHY ONLY 5% trader are making profit in future trading other people are losing money . it's true majority of trader loose money in future trading because many people enter in the market without any knowledge and without any experience people think they can earn a lot of money within one year but reality is that you have to give at least 3 year of experience to become a profitable trader. Everyday you have to improve your knowledge and learn from your mistake . mostly people taking too much high leverage and ignore the risk management and discipline you can not become profitable untill you follow the risk management and discipline . Tell me your trading mistakes below in the comments and follow me for more trading tips #TradingTypes101 #BinanceAlphaAlert
TOP 5 REASONS YOU ARE LOSSING MONEY EVERYDAY IN TRADING
1) INSUFFICIENT RESEARCH and don't have plan .I see mostly people just follow the influencers and always waiting for the signal and even that person can make money but you loss bcz you don't know what's strategy he use people don't have plan for exit from the market
2) OVERLEVERAGE high leverage can amplify your gains and losses every new trader using high leverage and don't know the risk mangement .
3) EMOTIONAL TRADING when you involve emotions in your trade you are taking wrong decision .always make plan and strict on it
4) risk management mostly trader don't manage the risk remember protecting your wallet is crucial for long term success
5) OVERTRAINING some people is sitting in front of screen the whole day taking too much trades in a day if your one stop loss hit in a day close your screen and don't take more trade to cover your loses by doing this you can losses your more capital
you can share with me your trading experience in comment and follow me if you like my content for more trading tips #BinanceAlphaAlert #LearnFromMistakes
STOP Lossing your whole portfolio . Everyday you can see a lot of people get liquidate the whole wallet bcz they do not follow the risk management and discipline may be sometimes you can make profit without risk management and discipline but in the next day you can loose your whole portfolio . please try to understand this thing trading is not a quick rich scheme you have to follow the process .
risk management discipline consistency
is the key for trading work on your strategy and strictly follow it . follow me for more trading tips #BinanceAlphaAlert
I see a lot of people talking about converted 10$ into 8000$ within 30 day this is totally bullshit it's not possible understand only one thing you can't win without discipline and risk mangement please don't waste you money by doing these chellange as a trader you can not win continues 30 days without discipline and risk management#BinanceAlphaAlert