#WalletConnect #TradingStrategyMistakes | Avoid these mistakes now!
With $BTC/USDT trading near $118,000, many traders are incurring losses due to common mistakes that can be easily avoided. Here are the main ones to be cautious of at this moment:
1. Trading without a clear plan: Random entry during price spikes leads to losses. Define your strategy and entry and exit points.
2. Ignoring risk management: Avoid putting your entire capital into a single trade, and always use a stop loss of 1–2%.
3. Trading with emotion or FOMO: Believing that the price will continue to rise without analysis pushes you to buy at peaks.
4. Overtrading: Excessive trades eat into profits due to fees and increase stress.
5. Neglecting security: Not using secure wallets or enabling 2FA puts your funds at risk.
🎯 Be smart in your trading. Plan, protect your capital, and trade with confidence.
Have you faced any of these mistakes?
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