#TradingMistakes101
*Common Trading Mistakes to Avoid*
Don't let these mistakes cost you! Here are some key trading errors to watch out for¹ ²:
- *Not understanding fees*: Be aware of maker, taker, gas, and withdrawal fees that can eat into your profits.
- *Lack of research*: Don't trade without understanding the market and assets.
- *Insufficient risk management*: Set stop-losses and limit positions to minimize losses.
- *Impulse trading*: Avoid making emotional decisions based on market fluctuations.
- *Overtrading*: Don't overtrade, as this can lead to increased fees and decreased performance.
Stay informed and trade smart! #TradingMistakes101