#TradingMistakes101
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One of the most common mistakes among beginner traders is entering a trade without a clear plan or just seeing a currency rise suddenly. This behavior relies on emotion rather than analysis, and often leads to losses.
Take for example the $DOGE currency; when it started to rise sharply due to a tweet, many jumped into the trade at the peak without studying, believing that the price would continue to rise. What happened later was a violent correction, where many people lost their money.
💡 Trading is not gambling; it is a science that requires capital management, a clear plan, and technical and fundamental analysis.
📉 Don't be part of the herd; be a conscious trader.