Don't trade without a plan Every trade should be based on analysis (technical or fundamental), not just a gut feeling or fear of missing out $BTC $BTC #INitOnBinance
Use a notebook or spreadsheet to record trades Record every trade you make: entry price, target, stop loss, and risk-to-reward ratio #INitOnBinance $BTC
:Mental discipline is like sticking to a schedule The market is not a place for randomness or impulsiveness. Discipline is the foundation of profit $BTC #BTCvsMarkets
Review your performance weekly: Take an hour each week to review your trades: What succeeded? What did you get wrong? How has your style developed? #BTCvsMarkets $BTC
Use price alerts instead of monitoring the screen all day: Specify in the table when you want to check prices or rely on phone notifications. #BTCvsMarkets $BTC
Follow economic news within your schedule: Some news (such as interest rate decisions, unemployment data, etc.) affect cryptocurrencies. $BTC #BTCvsMarkets
Don't force yourself to trade every day: Some days do not provide good opportunities. Sticking to the schedule does not mean mandatory trading. $BTC #BTCvsMarkets
Set your daily or weekly goals: For example: Achieve a 2% profit daily or 10% monthly, stopping upon reaching the goal or exceeding a specified loss. $BTC #BTCvsMarkets
Don't trade without a plan: Every trade should be based on analysis (technical or fundamental), not just a feeling or fear of missing out. $BTC #BTCvsMarkets
Use a notebook or spreadsheet to record transactions: Record each transaction you make: entry price, target, stop loss, risk-to-reward ratio. $BTC #INitOnBinance
Specify your trading times accurately: Do not trade randomly; set specific times for yourself based on market movements (for example, the opening time of the American or Asian markets). $BTC #BTCvsMarkets
How do you manage your trade wisely and profit even when the price drops? Let’s take a simple practical example: We have a currency priced at $100, with a target of $130. Our capital is $100. The mistake that most beginners make: They invest all their capital at a price of $100. If the price drops, they are stuck and cannot average down. And if the price returns to $100? They don’t benefit or profit. That’s why we apply proper capital management: We buy at $100 with 20% (i.e., $20). If the price falls to $95, we average down with $15. If it drops to $85, we average down with an additional $15. And at $80, we average down with the remaining $50. What happens in this case? Our new average entry price becomes around $87. Instead of our entry being at $100, it is effectively only $87! And the surprise: If the currency just returns to the price of $100, even without reaching the target of $130, we will have achieved approximately 15% net profit — that’s about $15 profit from $100. Why is this important? Because with smart management of the mind (not emotion), you profit in the market even if the price doesn’t explode to the targets! Always remember: Most beginners lose and then exit trading early. That’s why I always recommend building a real skill that benefits you in the future, because the market rewards those with patience and wise minds, not the impulsive ones. $BTC $BTC $XRP # #BinanceAlphaPoints #BinanceAlphaAlert #EthereumFuture CryptoMarketCapBackTo$3T