โ ๏ธ Trading Mistakes 101: Learn From My Failures! ๐ธ
FOMO Trading: Chasing green candles is the fastest way to lose money. Wait for pullbacks, not pumps!
No Stop Loss: "It will come back" - famous last words. ALWAYS set stop losses before entering any trade.
Overleveraging: 100x leverage sounds exciting until you get liquidated in 5 minutes. Start small, survive long!
Revenge Trading: Lost money? Don't try to win it back immediately. Take a break, emotions cloud judgment.
Not Taking Profits: Watched gains turn to losses too many times. Scale out profits on the way up!
Trading Without Plan: "Winging it" doesn't work. Have entry, exit, and risk management rules BEFORE you trade.