#CryptoCharts101
Avoid These Common Pitfalls!
Even experienced traders slip up. Here are the top trading mistakes and how to avoid them:
1. 🚫 FOMO Trading (Fear of Missing Out)
Jumping into trades just because prices are pumping = bad idea.
✅ Tip: Have a strategy. Don’t chase green candles.
2. 💥 Overleveraging
Using too much leverage = liquidation risk.
✅ Tip: Use leverage cautiously. Respect your stop loss.
3. 📈 No Risk Management
Putting your whole portfolio on one trade? 😬
✅ Tip: Use the 1–2% rule: never risk more than 2% of your capital on one trade.
4. 😬 Revenge Trading
Lost a trade and trying to win it back fast? Dangerous game.