🚫📉 #TradingMistakes101 7 mistakes that ruin your portfolio (and how to avoid them) 💡💸
Are you starting in the world of trading? Be careful! 😰 Many beginners make the same mistakes over and over again. Here are the most common ones so you don't stumble over the same stone ⚠️🧠
1️⃣ Entering due to FOMO (fear of missing out) 😱
Buying because "everyone is doing it" rarely ends well.
2️⃣ Not having a plan 🗺️
If you don't know when to enter or exit, the market will decide for you... and it won't be kind.
3️⃣ Over-leveraging ⚠️📉
Using leverage without understanding it is like driving a Ferrari without brakes.
4️⃣ Not setting a stop-loss ⛔
Without a loss limit, you can burn your entire account in a bad trade.
5️⃣ Selling out of panic 😵💫
Emotions are the enemies of good trading. Stay calm!
6️⃣ Not diversifying 🎯
Putting all your capital into a single crypto can be a recipe for disaster.
7️⃣ Ignoring technical and fundamental analysis 🔍📚
Just looking at prices is not enough. Learn, analyze, act.
🔥 Bonus: Don't invest more than you are willing to lose.
Remember: trading is not a gamble, it's strategy, patience, and discipline 🧘♂️📊
📲 Save this list and share it with someone who is just starting out 💬