🔍 Trading Mistakes | Lessons Learned from Trading MASK 👉 Top 5️⃣ Mistakes

And 🔁 What Helped Me Improve?

📘 Crypto Trading Fundamentals

Mistakes are part of every trader’s evolution. But learning from them — and sharing them — is how we sharpen our edge. Let's take a real example: MASK Network ($MASK ).

💡 Beginner Trading Mistakes 👇

(Using MASK as a Case Study):

1️⃣ Entering on Hype without Research

Many beginners bought MASK just because it was trending — without checking fundamentals or understanding its utility. Hype ≠ Value.

2️⃣ FOMO Entry at Resistance

MASK spiked past $7 early in the cycle. Chasing green candles without checking technical resistance zones caused many to buy tops and hold bags.

3️⃣ No Stop-Loss Strategy

MASK corrected sharply after its peaks. Traders who didn’t set stop-losses watched their positions drop 30–50%, hoping for a bounce that didn’t come.

4️⃣ Overtrading on Volatility

MASK is a volatile asset. Beginners tried to scalp it multiple times in a day, ending up with poor entries and losses due to fees and false breakouts.

5️⃣ Lack of Patience and Exit Plan

Some traders saw +20% profit but didn’t lock in gains. MASK reversed — and those profits turned into losses. Every trade needs an exit plan.

🔁 What Helped Me Improve?

✅ Using proper risk management (e.g., risking 1–2% of capital per trade)

✅ Applying TA (Technical Analysis) instead of relying on Twitter threads

✅ Developing a trading journal to track mistakes and patterns

✅ Practicing discipline over emotions

🎯 Advice for New Traders:

🔸️Learn before you leap.

🔸️Never trade what you don’t understand.

🔸️Set a stop-loss and stick to it.

🔸️Don’t chase pumps. Let trades come to you.

🔸️Focus on risk vs. reward, not just price predictions.

🗨️ What's your biggest #TradingMistakes101 moment?

Drop your experience below so others can learn and grow 👇

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