#TradingTypes101 The new traders Errors to avoid
That Could Wreck Your Profits!
If you're just starting out in trading, HOLD ON and pay attention to this! Steering clear of these 3 errors could save you a lot of money and pave the way for significant gains.
1. Pursuing Rising Candles
Diving into a coin right after it has surged? That’s classic FOMO — and it typically drops soon after. Stay patient. Purchase on the decline, not from the excitement.
2. Trading Without a Strategy
Making trade decisions based on emotions or trends = catastrophe. Always have a strategy: Entry Point, Stop Loss, Target Price. Savvy traders stick to their rules — not their feelings.
3. Overtrading Every Movement
Attempting to seize every surge? You’ll exhaust yourself and suffer losses. Concentrate on quality setups, not relentless action. May God bless your trade#writetoearn