When trading on Binance with ID #常见交易错误 , beginners often make the following mistakes:
1. Ignoring transaction fees: Frequent trading leads to accumulated fees, eroding profits.
2. High leverage risk: Misusing leverage can lead to liquidation during volatility.
3. Blindly following others: Trusting KOLs or news without independent analysis.
4. Not setting stop-loss: Losses can expand during sudden market changes.
5. Incorrectly choosing trading pairs: Misusing non-mainstream coins, making it difficult to close positions due to low liquidity.
6. Security negligence: Not enabling 2FA or clicking phishing links can lead to asset theft.
Recommendation: Learn the basics, test with small amounts, and implement strict risk control.