#TradingMistakes101 Making mistakes is a natural part of the trading experience, but some mistakes can be very costly if not avoided. One of the most prominent mistakes is trading without a clear plan or a defined strategy. Many traders enter the market driven by greed or fear, leading to emotional decisions. Additionally, ignoring risk management by using stop-loss orders can lead to significant losses. For example, if you are trading the DOGE/USDT pair, jumping on the wave of a rise without studying or following technical analysis may lead to buying at the peak and then selling at the dip. Therefore, continuous learning, taking your time, and not risking money you can't afford to lose are essential.

#TradingMistakes101