常见交易错误

Master Crypto Trading Fundamentals and Unlock Binance Points!

Successful trading starts with strong fundamentals. In this latest installment of our Deep-Dive series, we break down 10 essential concepts every crypto trader should understand. Whether you’re new to trading or looking to reinforce your knowledge, this series is your opportunity to enhance your trading knowledge, contribute to the community and earn Binance Points along the way!
 
How To Participate:
1. Check Binance Square Official daily at 08:00 (UTC) for discussion prompts on the topic of the day.
2. Create a post on Binance Square sharing your insights, experiences or tips related to that topic.
3. Ensure that your post contains at least 100 characters and includes only one topic hashtag.
 
Activity Period: 2025-05-29 08:00:00 (UTC) to 2025-06-12 08:00:00 (UTC)
 
The 10 topics are:
 · #TradingTypes101: Explore the differences between Spot, Margin and Futures trading.
 · #CEXvsDEX101: Compare Centralized and Decentralized Exchanges.
 · #OrderTypes101: Break down the different order types in crypto trading – Market, Limit, Stop-Loss and Take-Profit Orders.
 · #Liquidity101: Discuss the role of liquidity in crypto trading and its impact on trade execution.
 · #TradingPairs101: Break down how trading pairs work, and share how you choose the right pairs for your trading strategy.
 · #CryptoSecurity101: Compare hot and cold wallets, discuss your personal security setup and share best practices for staying SAFU.
 · #CryptoFees101: Discuss the different fee types in crypto and how you optimize your trades to reduce costs.
 · #TradingMistakes101: Reflect on your experiences, what you learned, and share advice you’d give to new traders.
 · #CryptoCharts101: Explore candlestick patterns and chart basics. Share how chart reading has helped your entries or exits.
 · #TradingTools101: Discuss indicators like RSI, MACD and moving averages.

#常见交易错误 Do you still remember when I first started trading contracts? Watching the numbers in my account fluctuate made my heart race as if I were at a dance party! Once, I set my sights on a coin called SOP, convinced it was bound to drop, and I went all in to short it!

What happened? The market played a big joke on me, and the price kept rising. My unrealized profit and loss soared into the green, making me shiver with regret. That was when I truly understood what it meant for the "market to teach you a lesson."

Later, I realized that relying solely on feelings and momentary impulses doesn't work in the contract market. **Position management**, **stop-loss setting**, these are all lessons learned through painful experiences. Just like this time, although I was right about the direction to short SOP, if I hadn’t been so greedy and had managed my position well and set my stop-loss, I wouldn’t have been hit so hard by the market.

Now that I think about it, that liquidation cost me quite a bit of money, but it also made me truly start to pay attention to risk, learn technical analysis, and gradually build my own trading system. So, mistakes in trading are actually a valuable asset on the path of our growth! Have you ever experienced a similar moment of "paying tuition"?

#常见交易错误
Common trading mistakes: running away when you make a profit, holding on when you incur losses.
As a rookie currently in this situation, I can relate deeply to this topic and would like to share some insights.
Usually, when I make a small profit, I quickly take it and secure it, as I have experienced several times when the market suddenly turns against me. It's not that this approach is wrong, but whether to close a position should be based on the situation. If the trend is moving in a favorable direction, it might be worth waiting a bit longer.
The issue of holding on through losses feels like a personal psychological problem, where I struggle to overcome my own mental barriers. I need to convince myself to set stop-losses; when it reaches a certain point, I should cut my losses. Holding on too tightly is very risky, as it could lead to a margin call if I'm not careful. Additionally, being cautious with averaging down is essential, as I'm already at a loss, and averaging down brings me closer to the liquidation line. I've tried many times before; holding on isn't a problem in itself, but after averaging down a few times without seeing improvement in the trend, I ended up getting liquidated.

#常见交易错误
The pits walked through pave the road of growth
In the world of cryptocurrency trading, which is full of opportunities and fluctuations, making mistakes is almost a compulsory lesson for every trader's growth. Openly discussing these mistakes is not a sign of weakness, but a valuable experience transfer that can help the community progress together. Whether it’s blindly chasing highs and cutting losses, ignoring risk management, or being disturbed by market noise, each lesson shapes a more mature version of ourselves.
As a beginner, what was my biggest mistake? Undoubtedly, it was 'Entering too early' (FOMO). Seeing a certain coin suddenly surge, fearing to miss the chance of getting rich, I dove in without analyzing the fundamentals, disregarding whether the technical indicators were overbought, and without setting a clear stop-loss point. The result is often buying at a high point, followed by a significant correction, leading either to panic selling or being stuck for a long time. The lesson is deeply ingrained: Patience is golden. Waiting for clear entry signals (such as key support levels stabilizing, technical indicators aligning) is far more important than chasing intraday impulses. The market will never lack opportunities; what it lacks is the composure to wait for the right moment.
What is the key to improving trading discipline? It is to formulate and strictly adhere to a trading plan! This plan must clearly include:
Entry reasons: Based on what analysis (technical/fundamental)?
Stop-loss level: At what price level do you acknowledge the mistake and exit? This is the lifeline!
Target level: Where is the expected profit range?
Position size: What percentage of total capital does the risk exposure of a single trade represent (recommended 1-2%)?
Write the plan down on paper (or in an electronic document) and execute the plan during trading, not swayed by fear or greed in the market. Regularly review the plan.

Common Trading Mistakes in the Cryptocurrency Market - A Guide for Beginners

In June 2025, the cryptocurrency market remains hot, but beginners often incur losses due to the following mistakes:
Blindly chasing and selling: Buying at high prices due to FOMO emotions or panic selling, ignoring technical analysis.

Ignoring risk management: Over 50% of liquidation cases occur due to not setting stop-losses or excessive leverage; it is recommended that a single position does not exceed 5% of total funds.

Frequent trading: Overtrading erodes profits through annualized transaction fees; mainstream exchanges have spot rates of 0.1%-0.3%.

Trusting “insider information”: Over 30% of scams in 2024 stem from false project information; it is necessary to verify the team and on-chain data.

Expert advice: Use hardware wallets to store assets, create a trading plan and strictly adhere to it, and prioritize high liquidity mainstream coins.

#常见交易错误 cryptocurrency trading may seem simple, but it is actually fraught with hidden complexities. Many of my friends have made various mistakes in trading, resulting in heavy losses.

One of the most common mistakes is 'chasing highs and selling lows.' When they see the price rise, they can't help but jump in, only to find themselves stuck at a high position; when they see the price drop, they panic-sell and end up missing the rebound opportunity. This kind of operation is like throwing money into the water.

Another mistake is 'blindly following trends.' When they see someone recommending a certain coin, they buy it directly without doing any research, only to end up getting cut down. Remember, the information in the cryptocurrency world is mixed; you must have your own judgment and not blindly trust what others say.

Of course, the most fatal mistake is 'leveraging addiction.' Trading with high leverage may lead to overnight riches, but it is more likely to lead to losing everything overnight. A friend of mine lost all his savings and even incurred massive debts due to his obsession with high leverage. Therefore, you must control leverage well and not let it become a demon that devours you. What other common trading mistakes have you encountered?

#常见交易错误 Below are the three common trading mistakes in the cryptocurrency market and a brief analysis (within 130 words):

1. **FOMO chasing and panic selling**
Driven by emotions, blindly chasing highs or panic selling, often buying at peaks and selling at troughs. Example: entering the market when meme coins surge, getting trapped at the top.

2. **Abuse of leverage ignoring risks**
Excessive leverage leads to a surge in liquidation risks. For instance, opening a 50x contract means a mere 2% adverse fluctuation can wipe out the principal, and frequent market spikes further amplify the danger.

3. **Blindly trusting “experts” without independent judgment**
Following KOLs or community signals without considering project fundamentals (such as tokenomics, team background) can easily turn one into a bag holder.

**Core root causes**: Lack of discipline, uncontrolled risks, insufficient understanding. To avoid these issues, it is essential to develop strategies, strictly control positions, and engage in continuous learning.

#常见交易错误 Insufficient Understanding of the Market: Entering the market blindly without understanding the basic principles, trading rules, market trends, etc. of the cryptocurrency market can easily lead to poor decision-making.

• Lack of Trading Strategy: Not having a clear trading plan and strategy, including when to buy, sell, set stop losses, take profits, etc., leads to arbitrary trading behavior, which can easily be swayed by market emotions.

Improper Emotion Management

• Greed: In trading, when the price of cryptocurrency rises, investors may not take profits in a timely manner due to greed, hoping for further price increases, and ultimately may miss the best selling opportunity, leading to profit reversal or even losses.

• Fear: When market prices fall, investors may hastily cut losses out of fear or may not dare to buy at low levels, missing out on rebound opportunities.

#常见交易错误
I. Operational Errors
1. Incorrect Transaction Information
Inputting incorrect transaction codes, amounts, or quantities, leading to deviations from expected transactions.
Response: Carefully verify transaction information before placing an order to avoid losses due to negligence.
2. Failure to Confirm Settlement Results in a Timely Manner
Not confirming the previous trading day's settlement sheet, resulting in an inability to trade normally.
Response: Log in to the trading software and promptly confirm the settlement sheet to ensure normal trading permissions.
3. Ignoring Trading Rules
Such as incorrect contract codes, trading time limits, or insufficient funds, leading to transaction failures.
Response: Familiarize yourself with market rules in advance to ensure that trading instructions meet requirements.

#常见交易错误 Common cryptocurrency trading errors are as follows:

Trading Operations
- Failing to carefully verify the trading address: Entering an incorrect receiving address, resulting in funds being sent to the wrong place, possibly unrecoverable.
- Miscalculation of trading amount: Entering too much or too little when inputting the amount, leading to financial loss.
- Forgetting to back up private keys or wallet information: Once lost, it may be impossible to recover the wallet and assets.

Timing of Trades
- Blindly following others: Trading solely based on others' actions without personal analysis, easily leading to buying and selling at the wrong time.
- Overtrading: Frequent trading increases transaction fees and may lead to missing real good opportunities.

Security
- Using weak passwords: Easily cracked by hackers, leading to account theft.
- Trading in an insecure network environment: For example, public Wi-Fi, where transaction information may be stolen.

Risk Management
- Failing to set stop-loss and take-profit: Not timely controlling losses or missing out on gains.
- Overconcentration of funds: Putting all funds into one cryptocurrency or one exchange, which poses too high a risk.

Common trading errors include following the crowd blindly, a lack of independent thinking among investors, hastily trading based on market trends, and getting caught at high points. There is also overtrading, driven by emotions, resulting in frequent buying and selling, which increases transaction costs and can lead to losing direction. Moreover, there is a lack of stop-loss awareness; when market trends contradict expectations, unwillingness to cut losses can lead to larger losses. Additionally, greed and fear often dominate decision-making, such as being greedy and not taking profits when in the black, or panicking and cutting losses when in the red. These mistakes can all impact trading returns.

#常见交易错误 Emotional Trading
• Behavior: Driven by market sentiment, chasing gains and selling on dips or blindly following trends.
• Case: In June 2025, during market volatility, some investors rashly entered the market due to "early positive news," but the market had already priced in the information, resulting in losses.
• Impact: Loss of rational judgment, increased trading risk.

#常见交易错误 # Extracting Growth Wisdom from Common Trading Mistakes

In the world of financial trading, mistakes are an inevitable stepping stone for every trader's growth. Those seemingly frustrating missteps often contain the most valuable lessons. The most common mistakes made by novice traders include overtrading, lack of risk management, and emotional decision-making. Many people sell off in fear during market fluctuations and chase prices during market surges out of greed, ultimately leading to unnecessary losses.

Wise traders know how to turn every mistake into an opportunity for progress. They strictly set stop-loss points, controlling the risk of each trade to 1%-2% of their total capital; they establish clear trading plans and adhere to them rigorously to avoid impulsive actions; they maintain trading logs and regularly review and analyze the reasons for their mistakes. As the Wall Street adage goes: "The market rewards discipline and punishes emotion."

It is recommended that beginners start with simulated trading to cultivate patience and discipline, gradually building a trading system that suits them. Remember, successful trading is not about short-term windfalls, but about long-term stable capital growth. When you share your experiences of mistakes, you not only help others avoid unnecessary detours but also gain new insights through reflection. The path of trading is filled with challenges, but every fall is an opportunity to move closer to success.

#常见交易错误
Brothers, during my first time buying coins, I accidentally pressed sell instead of buy, instantly experiencing the high-speed roller coaster of "getting rich → going bankrupt." What lesson did I learn? Never operate on the exchange when you're half asleep, and don't trust your judgment at 2 AM. Brothers, here's some advice for newbies: remember to set stop losses, buy in batches, and also, don't go all in; you're investing, not playing a game of chance. Of course, may good luck come your way.

#常见交易错误 Below are common trading mistakes in the cryptocurrency market and a brief analysis.

1. **Emotional Trading (FOMO/Panic)**: Blindly chasing highs and lows, making decisions driven by market emotions.
2. **Excessive Leverage**: High leverage amplifies profits while rapidly magnifying losses, easily leading to liquidation.
3. **No Stop-Loss Strategy**: Failing to set stop-loss points, resulting in unlimited losses until irretrievable.
4. **All-In Betting**: Concentrated investment in a single cryptocurrency, extremely high risk, lacking diversification.
5. **Blind Trust in "Insider Information"**: Following KOLs or community rumors without independent research (DYOR).
6. **Frequent Trading**: Overtrading increases transaction fees, easily missing long-term opportunities.
7. **Ignoring Security Risks**: Using unsafe exchanges or not enabling 2FA, leading to asset theft.

**Core Issues**: Lack of discipline, risk control awareness, and independent judgment. **Solutions**: Develop a trading plan, strictly set stop-losses, diversify investments, rationally assess risk-reward ratios, and continuously learn technical and fundamental analysis.

> The cryptocurrency market is highly volatile; avoiding these mistakes is fundamental to survival.

Errors in trading come from not understanding yourself, not knowing how much profit you want to achieve, not knowing where your stop-loss is, not knowing how much you can handle. When you feel frustrated, dejected, or lost, that's when you are telling yourself that you are wrong.🤣
#常见交易错误

One of the most common mistakes is "chasing highs and selling lows." When seeing prices rise, one can't help but jump in, only to end up trapped at high levels; when seeing prices drop, panic selling occurs, resulting in missing the rebound opportunity. This kind of operation is simply like throwing money into the water.
Another mistake is "blindly following trends." When seeing others recommend a certain coin, one buys in without doing any research, often ending up as a victim. Remember, the information in the cryptocurrency world is mixed; you must have your own judgment and not take others' words at face value.
Of course, the most fatal mistake is "addiction to leverage." Trading with high leverage can lead to overnight wealth, but even more likely, it can lead to losing everything overnight. I have a friend who, because of his addiction to high leverage, ended up losing all his savings and even went into significant debt. Therefore, it is crucial to control leverage well and not let it become a demon that consumes you. What other common trading mistakes have you seen?

#常见交易错误 #常见交易错误 币圈常见交易错误——新手避坑指南
2025年6月，加密货币市场持续火热，但新手常因以下错误导致亏损：
盲目追涨杀跌：FOMO情绪下高位接盘或恐慌抛售，忽视技术分析。
忽视风控：超50%爆仓案例因未设止损或杠杆过高，建议单笔仓位不超过总资金5%。
频繁交易：过度操作使年化手续费侵蚀收益，主流交易所现货费率0.1%-0.3%。
轻信“内幕”：2024年超30%诈骗案源于虚假项目消息，需验证团队及链上数据。
专家建议：使用硬件钱包存储资产，制定交易计划并严格执行，优先选择高流动性主流币种。

#常见交易错误 最常见的错误之一，就是“追涨杀跌”。看到价格上涨就忍不住追进去，结果往往被套在高位；看到价格下跌就恐慌抛售，结果却错过了反弹的机会。这种操作，简直就是把钱往水里扔。
还有一种错误，就是“盲目跟风”。看到别人推荐某个币，自己不做任何研究就直接买入，结果往往被割韭菜。记住，币圈的信息鱼龙混杂，一定要有自己的判断，不要轻信别人的话。

A common trading mistake is betting on the wrong side or being stubborn and insisting on one's own opinion. Of course, there is no question of whether to cut losses; most of the time, prices fluctuate without any effective reference values. Luck outweighs skill. After all, this is driven by the market makers; without them, there would be no popularity and no one to play! In summary, the current crypto market is more about speculation than investment, so there aren't really any trading mistakes.

Common Trading Mistakes: Running Away with Profits and Holding on through Losses
As a novice currently in this situation, this topic resonates deeply with me, and I want to share some insights.
Usually, when I make a small profit, I immediately cash out for safety, after all, there have been quite a few times when I turned a profit into a loss due to a sudden change in market conditions. It’s not that this approach is wrong, but whether to close a position should depend on the situation; if the trend is moving in a favorable direction, it might be worth waiting a bit longer.
Holding on through losses seems to be more of a psychological issue; it’s difficult to overcome my own mental barriers. I need to convince myself to set stop-losses, and when it reaches a certain point, I should cut my losses. Holding on too long is too risky; if I'm not careful, I could face a margin call. Additionally, holding on requires careful consideration when adding to a losing position; it’s already a loss, and adding to it brings me closer to the liquidation line. I’ve tried many times before; holding on itself isn’t the problem, but after adding to my position several times, the trend still didn’t improve, and as a result, I was liquidated.