#TradingMistakes101
Avoiding common trading mistakes can save your portfolio. One major error is trading without a plan—never enter a trade based on emotion or hype. Ignoring stop-loss orders can lead to huge losses, especially in volatile markets. Many beginners over-leverage on Binance Futures, risking liquidation. Chasing pumps or fear-based selling often leads to poor decisions. Not understanding the trading pair or the market type (Spot vs Futures) can also cause confusion. Failing to research a project before buying its token is another common trap. Always double-check fees, slippage, and market conditions. Use risk management strategies, such as only investing what you can afford to lose. Learning from mistakes and staying disciplined is key to long-term success on Binance or any trading platform.