#TradingMistakes101
🔁 Trading is a journey, not a race — and mistakes are part of the map.
When I first started trading, my biggest mistake was jumping into trades based on emotion and hype. I’d see a coin or stock pumping and jump in without analysis, hoping to catch a moonshot. More often than not, I bought the top and panicked on the way down.
📉 What I learned:
FOMO (Fear of Missing Out) is one of the fastest ways to lose money. The market doesn’t care about emotions. Having a solid plan is more important than chasing quick wins.
🛠 What helped me build discipline:
1. Setting clear entry/exit rules based on technical indicators (like RSI and support/resistance levels)
2. Always using stop-losses
3. Keeping a trading journal to review what worked and what didn’t
4. Accepting that not trading is also a position
📌 Best advice to beginners: Don’t aim to win big fast — aim to not lose big. Risk management is your best friend. Learn one strategy and master it before trying to trade everything. And remember: the goal is to stay in the game long enough to get good.