#TradingMistakes101

Many traders make costly mistakes when focusing on a single trading pair like SOL/USDT ($SOL). A common pitfall is overtrading—jumping in and out of positions without a clear plan, often driven by emotion rather than a solid strategy. Another major error is ignoring stop-losses, which can lead to significant losses when the market turns against you.

Chasing pumps—buying after big green candles—often results in buying the top and holding a losing position. Additionally, many traders neglect to study the coin’s price action or relevant news, blindly following signals without understanding the rationale behind them.

Successful trading demands patience, discipline, and strong risk management. Avoid treating the market like a casino. Instead, approach each trade as a calculated business decision, especially when concentrating on a single pair.

#RRonCrypto