After more than five years of experience… here are three secrets to success ✍️
1- Don’t start with less than $1,000, and treat it as a real investment. Imagine you want to build a business—is $100 or $500 enough? Absolutely not.
Forget the false promises that turn $10 into a million, and the hype around trading. Be realistic, my friend. How many times have you lost because your portfolio was too small and you had to use x20–50x? That’s gambling, not trading.
2- Stay away from commission dogs: You’ll see lots of opinions on Binance Square, and most of them are exaggerated and baseless—just dreams. If someone tells you to enter a trade in a certain coin and you do, they earn a commission and don’t care about you. That’s why I call them “commission dogs.” These opinions can affect you even if you don’t follow them; you’ll fall into the trap of wondering, “Should I keep going or give up?”
3- Discipline, discipline, discipline. Set a clear plan, and I’ll make it very simple.
You now have $1,000 and have entered a trade after a clear, convincing analysis.
Set your stop-loss at 1% to 2%.
Now imagine you opened a trade and set a 2% stop-loss. If you lose, you’ll lose 20$ , which means you’d need 50 consecutive losing trades to be forced out of the market—and that’s excellent. Your profit target for each trade should be one or two times your stop-loss. Most importantly, stick to your stop-loss and target. If you remove your stop-loss to give the market another chance, it won’t show you any mercy.
Trade safely and be a robot without emotions ✅
1- Don’t start with less than $1,000, and treat it as a real investment. Imagine you want to build a business—is $100 or $500 enough? Absolutely not.
Forget the false promises that turn $10 into a million, and the hype around trading. Be realistic, my friend. How many times have you lost because your portfolio was too small and you had to use x20–50x? That’s gambling, not trading.
2- Stay away from commission dogs: You’ll see lots of opinions on Binance Square, and most of them are exaggerated and baseless—just dreams. If someone tells you to enter a trade in a certain coin and you do, they earn a commission and don’t care about you. That’s why I call them “commission dogs.” These opinions can affect you even if you don’t follow them; you’ll fall into the trap of wondering, “Should I keep going or give up?”
3- Discipline, discipline, discipline. Set a clear plan, and I’ll make it very simple.
You now have $1,000 and have entered a trade after a clear, convincing analysis.
Set your stop-loss at 1% to 2%.
Now imagine you opened a trade and set a 2% stop-loss. If you lose, you’ll lose 20$ , which means you’d need 50 consecutive losing trades to be forced out of the market—and that’s excellent. Your profit target for each trade should be one or two times your stop-loss. Most importantly, stick to your stop-loss and target. If you remove your stop-loss to give the market another chance, it won’t show you any mercy.
Trade safely and be a robot without emotions ✅