Welcome to the world of trading, where you can feel like Warren Buffett... until you hit the "Buy" button and then wake up to a loss that reminds you you're closer to "Bab Al-Hara" than Wall Street!
The first mistake? Trading with emotions! Yes, because nothing says "success" like buying a coin named "DogePepeInu" just because its picture is funny.
Tip: Don't trade as if you're watching memes, the market is not Instagram.
The second mistake: Chasing peaks. Saw the price of Bitcoin rise? Great, let's buy it now after it has quadrupled! (Then we look at the ceiling after the crash and think: "I should have bought when it was cheap").
Tip: Don't chase the train, prepare for the next station.
The third mistake: Lack of a plan. "I buy, and if it goes up I sell, and if it goes down I buy more, and if it goes down more I cry." This is not a plan, this is a recipe for economic drama!
Tip: Set your goals, your entry and exit points, and don't rely on luck.
The fourth mistake: Overconfidence. Did a trade succeed? Suddenly you feel like the king of the market! And you open 15 trades because you "understood the game". The result? The game understands you!
Tip: Humility is a virtue... even in the market.
And finally, don't forget the golden mistake: Listening to random advice on TikTok, and they say "Trust me bro".
Tip: Research, learn, and trade with your mind, not your emotions.
Trading is an art... or in your case, a painful joke, but you can become a pro if you learn from your mistakes – or at least laugh at them!