#TradingMistakes101 In crypto, knowledge is profit—and mistakes can be expensive. Whether you’re just starting out or already trading, avoiding common errors is key to protecting your capital and staying in the game. 🚫💸

Here are the top trading mistakes to watch out for:

🔻 1. Trading Without a Plan

Jumping into trades without a clear strategy is gambling, not investing.

✅ Set goals, risk limits, entry/exit points, and stick to them.

🔻 2. Overleveraging

Using too much leverage can amplify gains—but also losses.

⚠️ One sudden price swing can liquidate your position.

🔻 3. FOMO (Fear of Missing Out)

Buying just because a coin is pumping? Classic mistake.

✅ Always DYOR (Do Your Own Research) before entering.

🔻 4. Ignoring Risk Management

No stop-loss? No position sizing? You’re risking everything on one trade.

✅ Protect your capital. Live to trade another day.

🔻 5. Chasing Losses

Trying to "win it back" after a bad trade usually leads to worse decisions.

✅ Take a break. Review. Learn. Then re-enter with clarity.

🔻 6. Blindly Following Influencers

Just because someone says “Buy now!” doesn’t mean it’s right for you.

✅ Use influencers as info, not instructions.

🔻 7. Emotional Trading

Fear, greed, and impatience destroy more accounts than bear markets ever could.

✅ Stay calm. Stay disciplined. Stick to your strategy.

🎯 Pro Tip: Keep a trading journal. It helps track mistakes and improve over time.

Smart trading starts with smart habits.