1️⃣ Use a Stop Loss order (Stop Loss)
Set a price at which the market automatically exits.
Example:
I bought a currency at a price of 100$.
You set the Stop Loss at 95$.
This is a maximum loss of only 5%.
2️⃣ Don't put all your money into one trade
Capital division:
Only 10% – 20% for each trade.
This way, if you lose a trade, you can compensate with other trades.
3️⃣ Avoid large leverage (Leverage)
In Futures on Binance:
High leverage like x50 or x100 is very risky.
Best for beginners:
Only x2 to x5.
4️⃣ Don't trade during strong news
The market can be very volatile and does:
Quick Pump
Quick Dump
And this can easily hit the stop loss.
5️⃣ Follow a trading plan
Before any trade, ask yourself:
What price will I enter at?
At what price will I exit with profit?
Where is the stop loss?
If you don't have an answer, don't enter the trade.
6️⃣ Don't trade with emotions
The most common reason for loss:
Revenge on the market after a loss.
Greed after profit.
Stick to the plan only.
7️⃣ Use the 2% rule
Don't risk more than 2% of your capital in a single trade.
Example:
If you have $1000
Maximum loss in the trade = $20.
✅ Golden advice:
80% of traders lose because they focus on entry and not on risk management.
If you made it here, like and write done❤️
