Trading involves buying and selling assets, like cryptocurrencies or stocks, to profit from price movements. On Binance, you can trade spot, futures, or options. Here are some popular trading strategies:
- *Day Trading*: Buy and sell within a day
- *Swing Trading*: Hold positions for days or weeks
- *Scalping*: Make multiple small trades in a short period
- *HODLing*: Hold assets long-term
Before trading, consider:
- *Risk Management*: Set stop-loss orders and position sizing
- *Market Research*: Stay updated on market trends and news
- *Technical Analysis*: Use charts and indicators to predict price movements
