Most beginners lose money in trading.
Not because trading is difficult, but because they trade without rules.
If you are new on Binance, read this carefully.
1. Do not chase pumps
If a coin is already trending on social media, you are late.
Professionals buy before hype.
Beginners buy after hype.
Rule:
If everyone is talking about it, do not trade it.
2. Trade with the trend
Always check market direction before entering a trade.
Uptrend: Look for buy trades
Downtrend: Look for sell trades
Simple method:
Price above 50 EMA and 200 EMA means uptrend
Price below 50 EMA and 200 EMA means downtrend
3. Risk management is more important than strategy
Never risk more than 1 to 2 percent on one trade.
Always use stop loss.
Never go all in.
Example:
Account size 100 dollars
Risk per trade 1 to 2 dollars
4. Best timeframe for beginners
Avoid one minute charts.
Use:
15 minute timeframe for entry
1 hour timeframe for trend
4 hour timeframe for strong levels
5. Simple strategy that works
Support and resistance with trend.
Steps:
Mark support and resistance
Wait for price reaction
Enter with trend
Set stop loss properly
6. Common mistakes to avoid
Overtrading
No stop loss
Revenge trading
Following random signals
Final advice
Trading is a skill.
Focus on learning and consistency.
Small profits daily build long term success.
