1.The Golden Rule: Risk Management


​New traders often focus on how much they can make, while pros focus on how much they can lose.
​The 1% Rule: Never risk more than 1% of your total account on a single trade.

  • ​Use Stop-Loss Orders: This is your "eject button." Decide where you're getting out before you even get in.

    .​Position Sizing: Don't go "all in" on one stock or asset. 2. Master the Basics Before the "Magic"


    ​Avoid the "Holy Grail" trap—the belief that there is a secret indicator or AI bot that never loses.

    • ​Learn Price Action: Understand support and resistance levels.3. Control Your Psychology

    • ​Trading is 20% strategy and 80% temperament.

    • ​FOMO (Fear of Missing Out): If a stock has already jumped 20% today, you're likely too late. Don't "chase" the green candle.

    • ​Revenge Trading: If you lose money, don't immediately jump back in to "get it back." The market doesn't owe you anything, and trading while angry is a recipe for disaster.

    • ​Keep a Journal: Record why you entered a trade, your emotions at the time, and the result. This is the only way to spot your own patterns. $BTC

    $BNB

    BNB
    BNBUSDT
    604.52
    -0.53%

    $SOL

    SOL
    SOLUSDT
    77.67
    -2.38%

    #BNB_Market_Update #ArtificialInteligence #Binance #BinanceSquareTalks #BinanceSquareFamily @Addywan @Trend Coin Tasks @Crypto_LUX @CZ @Shahjee Traders1