#TradingMistakes101

New traders often make avoidable mistakes. One common error is trading without a plan—jumping in based on hype or emotion. Others include overtrading, ignoring risk management, or failing to use stop-losses, which can lead to big losses. Many chase pumps or panic sell during dips. Lack of research and blindly following influencers are also risky. Using too much leverage can amplify losses. Emotional decisions like FOMO and greed often cloud judgment. Always do your own research (DYOR), stick to a strategy, and manage your risk. Learning from mistakes is key to long-term success in crypto trading.