Detailed Guide for Beginners in Financial Trading

If you are a new participant in the trading market and are unsure whether to hold or sell an asset, this article is for you. Trading is not a game that can happen, but requires knowledge, discipline, and clear strategy. Below are the basic steps to get you started:

1. Confident Independent Thinking No signal group, strategy provider, or any "expert" can make you wealthy if you do not learn and think for yourself. Learn to form personal opinions based on data and real analysis. Always protect your capital. Imagination different from reality can lead to failure.
2. Understand how to analyze the market To make a transaction, you need to grasp: Daily Trend (BIAS): Determine whether the field is trending up, down, or sideways. Entry and stop loss points: This is a crucial skill for risk minimization. If you are not ready to integrate futures trading, focus on spot trading to minimize risk.
3. Use the Stopper Tool Anytime A single mistake in a future merger transaction could wipe out your account. The stop-loss order will help you automatically exit a trade when the market moves against your expectations, limiting losses. Never overlook this tool, no matter how confident you are.
4. Determine long-term goals Changing the dream of short-term profit, aiming for stable growth within 5-10 years. Fast interest accounts often come with high-risk accounts due to market sentiment. Sustainable profits come from vitality and discipline.
5. Avoid Revenge Trading It's really frustrating to make you want to give up immediately, but this is a common mistake. Limit yourself to one trade per day, whether win or lose. Too many trades not only deplete capital but also make you tense and lose focus.
6. Risk Management is the Top Priority No risk plan has occurred, all trading strategies have become meaningless. Determine in advance the amount you are willing to risk for each trade (usually 1-2% of capital). Maintain a reasonable risk-reward ratio (Risk-reward ratio), with a limit of 1:3 or higher.
7. Never Stop Learning The learning process never stops in trading. Some areas to focus on: Price action: Understanding how the market transfers information through charts. Market psychology: Understanding how emotional factors influence your actions and other investors. Time series analysis: Tracking the cyclical indicators of Bitcoin (BTC) or the USDT.D ratio to predict trends. Strategy testing: Testing strategies for at least one year before applying them to actual trading. Conclusion No one can make you a millionaire except yourself. Success in trading only comes when you combine knowledge, discipline, and illustration. Start right, maintain consistency, and never stop learning to build a solid financial path for yourself. DYOR! #Write2Earn #Write&Earn $BTC {spot}(BTCUSDT)