⚠️ 3 Mistakes New Traders Make (and How to Avoid Them
❌ 1. Trading Without a Plan
Most beginners jump into trades just because “the price looks good.”
That’s not trading — that’s gambling.
✅ Fix:
Always decide before entering:
Entry price
Exit price (target)
Stop-loss level
Don’t enter a trade without knowing your risk and reward.
📊 Trading plan = Confidence + Control.
❌ 2. Using All Money in One Trade
Putting your full balance in one coin is the fastest way to lose it.
Markets are unpredictable — even good setups can fail.
✅ Fix:
Follow the 1–2% risk rule.
If you have $50, risk only $1 per trade.
Diversify — trade different coins, not just one.
💡 Trading is survival. Protect your capital first; profits will follow.
❌ 3. Trading with Emotions
Revenge trading after a loss or greed after a win destroys many small accounts.
✅ Fix:
Accept losses — they’re part of learning.
Don’t chase the market.
Follow your rules even when emotions push you otherwise.
🧠 Discipline beats prediction every time.