#TradingMistakes101 #TradingMistakes101
❌ 1. FOMO (Fear of Missing Out)
Jumping into trades just because a coin is pumping usually ends badly.
Fix: Always have a strategy. Don’t chase green candles. Let the hype pass, then evaluate.
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❌ 2. No Plan or Exit Strategy
Entering trades without knowing when to take profit or cut losses is risky.
Fix: Set clear entry, take profit, and stop-loss levels before trading.
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❌ 3. Overleveraging
Using high leverage can lead to liquidation fast, especially in volatile markets.
Fix: Use leverage responsibly (if at all). Understand margin calls and risks first.
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❌ 4. Ignoring Risk Management
Putting too much of your portfolio into one trade is asking for trouble.
Fix: Don’t risk more than 1–2% of your capital per trade. Diversify and protect your downside.
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❌ 5. Revenge Trading
Trying to win back losses by making emotional trades often leads to bigger losses.
Fix: Take a break after a bad trade. Reset and come back with a clear head.