#TradingStrategyMistakes ๐ Tips for New Traders on Binance (No Complications) ๐
Hello, future trader ๐ If you just arrived at Binance and the world of crypto seems overwhelming, don't worry. We all start the same way. Here are 3 realistic tips to avoid burning out from the beginning:
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1๏ธโฃ Forget about "Easy Money" (The First Mistake of All)
-๐ซ Don't use leverage x10/x20 (even if others say it's "easy").
- โ
Start with SPOT (spot market): Buy BTC/ETH and wait. Simple.
- ๐ If the price drops: Don't panic. Cryptos always go up and down.
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2๏ธโฃ The 1% Rule (Your Survival Shield)
- ๐ธ *Never risk more than 1% of your capital per trade** (e.g., if you have $100, only $1 per trade).
- ๐ด Mandatory stop-loss (learn to use it from day one).
- ๐ Practical example:
- Buy SOL at $150.
- Stop-loss at $147 (2% risk).
- Take-profit at $156 (4% profit).
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3๏ธโฃ Don't Blindly Follow "Gurus"
- ๐คณ 90% of influencers are selling smoke (their "perfect" trades are a lie).
- ๐ Learn on your own:
- Binance Academy (free and in Spanish).
- Basic books: Trading for Dummies or The Intelligent Investor.
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๐ฏ Bonus: Your Checklist Before Trading
โ Is it a day of important news? (Avoid trading on those days).
โ Is the volume high? (If not, the price may be manipulated).
โ Am I emotionally stable? (If you're angry or anxious, DON'T trade).
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๐ข Binance Community:
What was the most difficult thing when you started trading?
Share your experience to help others! ๐
#TradingReal #BinanceParaPrincipiantes #CriptoSinMiedo (Remember: Binance does not ask you to risk everything. Be smart and take it step by step). ๐
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๐ Note: This post is educational. It is not financial advice. Binance offers tools, but you decide how to use them.