📉 Trading Mistakes 101: Pitfalls to Dodge 🚧
What’s Happening?
No Plan: Diving in without clear entry, exit, and risk rules invites chaos.
Overtrading: Chasing every signal or fearing “missed moves” racks up fees and stress.
No Stop-Loss: Skipping protective orders can turn small setbacks into big blows.
Position Oversize: Betting too much on one trade risks wiping out capital.
Security Lapses: Weak passwords, no 2FA, and missing backups expose you to hacks.
Why It Matters:
These common errors drain funds, shake confidence, and derail consistency. Avoiding them builds a solid foundation for lasting success.
Your Move:
👉 Create Your Plan: Define your triggers, targets, and max loss before entering 📝
👉 Limit Trades: Stick to high-conviction setups and control your frequency 🚦
👉 Protect Every Trade: Always set a stop-loss and size positions sensibly 🔒
👉 Secure Your Wallets: Enable 2FA, use strong passwords, and back up keys safely 🔐
👇 Which mistake have you seen trip up traders most?