#CryptoCharts101 #TradingMistakes101
Many beginners in trading make the same mistakes that can be costly. Here are the most common:
1. Lack of strategy. Trading "by gut feeling" is a sure way to losses. The strategy must be clear, tested, and disciplined in execution.
2. Greed and fear. These emotions drive impulsive decisions — either taking profits too early or holding losing positions too long.
3. Overtrading. Frequent trading without a quality signal only decreases your capital.
4. Ignoring risk management. Investing more than 2% in a single trade is risky. Stop-loss is mandatory.
5. Inability to learn from mistakes. Keep a trading journal and analyze your actions.
Trading is not gambling; it is systematic work. Learn, cultivate discipline — and avoid these mistakes.