WHY DO MOST TRADERS LOSE ???
1. FOMO and FUD
• Chasing prices up due to fear of missing out (FOMO).
• Panic selling when prices drop due to fear (FUD).
• No clear plan, driven by emotions.
👉 Solution: Trade according to a plan, not emotions. Have clear entry and exit points.
2. Lack of knowledge and experience
• Not understanding charts, resistance/support, trends.
• Using leverage without understanding the risks.
• Blindly trusting KOLs or signal groups that lack integrity.
👉 Solution: Self-study technical analysis, fully understand the products you trade. Do not indiscriminately “copy trade.”
3. Poor capital management
• Putting the entire account into one trade (all-in).
• Not setting stop losses or holding losses too deep.
• Not knowing how to allocate assets.
👉 Solution:
• Max risk 5-10% of the account for each trade (no more than 2 trades).
• Always set stop losses.
• Diversify if necessary, avoid going “all in.”
4. Overtrading
• Entering trades continuously, even when there are no good signals.
• Trading out of boredom or to “recover losses.”
👉 Solution: Only trade when there is a clear opportunity. Be patient and wait for the right signals. Rest at the right time.
5. Not learning from experience
• Not keeping track of trades.
• Not analyzing the reasons for wins/losses.
• Repeating old mistakes multiple times.
👉 Solution:
• Keep a trading journal (entry, reasons, results).
• Periodically review to learn from experiences.
• Gradually improve over time.
==> How to trade crypto effectively
• 📘 Learn basic and advanced knowledge.
• 🧠 Trade according to a plan, not emotions.
• 💰 Strict capital management.
• 📉 Accept small losses to avoid large losses.
• 📝 Record and learn from every trade.
Crypto God of Wealth