A *profitable trading strategy* depends on your experience, capital, and how much time you can dedicate daily. Here’s a simple yet effective *beginner-friendly trading strategy* that many traders use on *Binance spot trading*:
✅ Timeframe: 1-hour or 4-hour chart ✅ Ideal for: Short to mid-term traders (swing or day trading) ✅ Tools Needed: RSI indicator, support/resistance lines, Binance chart
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🧠 *How It Works:*
1. *Find a Good Coin (With Volume)* - Look for coins with strong volume and volatility (e.g., BTC, ETH, SOL, AVAX). - Avoid low-liquidity coins as they’re riskier.
3. *Support & Resistance Zones* - Draw *horizontal support (bottom)* and *resistance (top)* lines. - Buy near strong support zones + RSI below 30. - Sell near resistance zones + RSI above 70.
AoA Sir how are you? I started trading inspired by you.
WAQARZ ZAKA
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Greetings.. I hope you all are well. Brothers, I wanted to ask if earnings can be made from copy trading? If so, how much profit can be made daily with 10 USDT?
My Future trade PNL 💪 Power & Trading Experience اس سب کے بعد بھی میں ۔ میں پریشان نہیں ۔ اس نقصان کو میں پھر سے فائدے میں تبدیل کرنے کی صلاحیت رکھتا ہوں۔ انشاء اللہ @Shamir-25
As a novice trader on Binance, here are some tips to help you start trading profitably:
*1. Educate Yourself* - *Learn the Basics*: Understand how trading works, including market orders, limit orders, stop-loss, and take-profit orders. - *Use Binance Academy*: Binance offers educational resources that can help you learn about trading and blockchain.
*2. Start Small* - *Demo Account*: If available, use a demo account to practice trading without risking real money. - *Small Investments*: Begin w