#TradingMistakes101 Lessons From My First Trades

Every trader starts somewhere — and mistakes are part of the journey. Looking back, here are some of the biggest trading mistakes I made and what they taught me:

🔻 Mistake 1: Chasing Pumps

I used to panic over coins just because they were trending. I learned the hard way: by the time it hits the news, it's often too late.

👉 Lesson: Enter with research, not with emotion.

🔻 Mistake 2: Ignoring Risk Management

Once I bet everything on a single trade without a stop-loss — and I watched it fall.

👉 Lesson: Always use stop-loss and never risk more than you can afford to lose.

🔻 Mistake 3: Overreacting

Trying to catch every move drained me mentally and financially.

👉 Lesson: Patience is a strategy. Sometimes, doing nothing is the best move.

🔻 Mistake 4: Not Tracking My Trades

I didn't record entries, exits, or reasons.

👉 Lesson: Keeping a trading journal helps identify patterns and grow faster.

💡 My Advice for New Traders:

Start small, stay humble, keep learning. The goal is not to make quick money — it's to make smart money.