#TradingMistakes101 Learn Before You Burn!
Every trader makes mistakes—what separates a good trader from a great one is learning from them. Here are 5 common trading mistakes and how to avoid them:
1️⃣ No Plan, Just Hopes:
Jumping into trades without a clear strategy leads to emotional decisions.
✅ Solution: Always have a trading plan with entry, exit, and stop-loss levels.
2️⃣ Overtrading:
Too many trades = more risk, more fees, more stress.
✅ Solution: Be selective. Quality over quantity.
3️⃣ Ignoring Risk Management:
Risking too much on a single trade can wipe your account.
✅ Solution: Never risk more than 1–2% of your capital on one trade.
4️⃣ Chasing the Pump:
Buying after a coin pumps often leads to losses when it dumps.
✅ Solution: Don’t FOMO. Enter only when technicals support it.
5️⃣ Not Learning from Losses:
Losses hurt—but they’re valuable lessons if you reflect.
✅ Solution: Keep a trading journal and review your trades weekly.
🎯 Master your mindset, sharpen your strategy, and learn continuously.
💬 What’s the biggest mistake you’ve learned from?