#TradingMistakes101
I will share my beginner's mistakes 😉:
1. I used a 1-minute time frame. I was afraid to miss any price movement. And of course, I just didn't see the overall picture and often lost. The same with the order book - it was set to the minimum step.
2. I didn't draw support/resistance lines. Plus, with the 1-minute time frame - and there were purchases at the highs.
3. I traded all the time, every day, the more, the better. Now I only enter a trade if I understand the price movement. It can be once a week. And surprisingly, the profit is higher)
4. Trading any tokens. I looked at the chart - liked it, let's trade. I often got stuck with these tokens and their beautiful charts without liquidity. Now only top coins, or better BTC.
That's probably it. My mistakes helped me. After each unsuccessful trade, I ran to read the textbook. At first. I remember reading the article about support lines 5 times, finding something new each time.
How about you? What mistakes did you make?