#TradingMistakes101 One of the most common mistakes among novice traders is entering a trade without a clear plan or simply seeing a currency suddenly rising. This behavior is based on emotion rather than analysis, and often leads to losses.
Take for example the $DOGE currency, when it started to rise sharply because of a tweet, many entered the transaction at the top without study, thinking that the price would continue to rise. What happened afterwards is a violent correction, where a lot of people lost money.
💡 Trading is not a game of chance, it is a science that requires capital management, a clear plan, and a technical and fundamental analysis.