#TradingMistakes101
The common mistake made by new traders is entering a trade without a clear exit plan. Many fall into the trap of greed or fear, leading to random decisions that cause significant losses. It is very important to have a pre-established plan that includes the entry point, target, and stop loss.
Also, do not use all your capital in a single trade. Maintain capital management at a rate not exceeding 2%-5% of the portfolio for each trade.
Finally, do not follow the "noise" on social media without personal analysis.
#TradingMistakes101 #CryptoEducation #BTCUSDT