#TradingMistakes101 📉 Many beginners make a fatal mistake while trading, which is entering a trade without a clear exit plan! They think the market will always move in their favor, but the surprise happens when the price suddenly reverses direction and they start facing unexpected losses.

One of the examples that occurred recently with the BTC/USDT pair is a false breakout of a strong resistance level, which caused many to enter a buy trade without confirmation or waiting for a retest.

Always remember that patience and discipline are the weapons of a successful trader. Do not follow emotions, but stick to your plan.

#tradingmistakes101