🔥Entering the world of trading may seem exciting, but it is also one of the fastest ways to lose money if you start without fundamentals.🔥🔥
Most serious mistakes come from not understanding the basics, so here is a clear and simple review that will help you make smarter decisions from day one.
1. The difference between Spot and Leveraged Trading
This is the first concept you must master because it determines how risky your path will be.
Spot Trading:
It's the most basic: you buy and sell at the current price.
No loans, no multipliers, no extra risks.
If a coin rises by 3%, you gain that 3%.
If it falls, you lose what it dropped.
Trading with Leverage:
You're already entering dangerous territory here.
Leverage is money that you 'borrow' to move larger positions than you actually have.
Sounds appealing… until you discover it also multiplies your losses.
That's why so many new accounts end up empty in minutes.
👉 If you're just starting, stay in Spot.
There's no rush; first understand, then move forward.
2. Supports and Resistances: your market map
You don't need twenty indicators or complicated tools.
By understanding this, you can already spot better moments to buy and sell.
Support: an area where the price usually stops a drop and bounces back.
Resistance: an area where the price usually halts an upward movement.
Visualize it like this:
Support is the floor, resistance is the ceiling.
If you're a beginner, avoid buying just below a resistance and avoid selling just above a support.
Small details that prevent big mistakes.
3. Identify trends: the foundation of every good trade
The market only moves in three ways:
Bullish trend
Higher highs and higher lows.
Buying here makes sense.
Bearish trend
Lower highs and lower lows.
Caution is recommended here.
Sideways trend
The price goes back and forth in a range.
It helps to learn to recognize key areas.
👉 Simple rule: do not trade against the trend if you are just starting.
It's like swimming against the current: it requires experience.
4. Psychology is more important than you think
Beginners imagine that trading is pure technique, but the reality is different:
Greed makes you enter late.
Fear makes you exit poorly.
Anxiety makes you trade without a plan.
Emotion makes you lose.
Trading is largely a mental game.
Learning to be patient and disciplined is worth more than any indicator.
5. Start with small and realistic goals
You don't need to look for huge trades.
In fact, consistent traders often work towards very modest goals:
Gains of 2 to 5%
Controlled risks
Clear entries
Planned exits
The trading that works is not the spectacular one, but the one that repeats without drama.
BTC92,375.15+2.30%
