#TradingMistakes101 #TradingMistakes101 ⚠️
Many beginners fall into common traps when trading. A major mistake is trading without a plan, often driven by emotions like fear or greed. Overleveraging can lead to huge losses, especially in volatile markets like crypto. Chasing pumps or FOMO (Fear of Missing Out) often ends badly, as prices may crash right after entry. Ignoring risk management—like setting stop-losses or proper position sizing—is risky. Overtrading, revenge trading, and not learning from past mistakes also harm growth. Blindly following social media “signals” without understanding the reasoning is dangerous. Consistency, discipline, and education are the keys to long-term success.