𝟏𝟑 𝐂𝐑𝐘𝐏𝐓𝐎 𝐓𝐑𝐀𝐃𝐈𝐍𝐆 𝐌𝐈𝐒𝐓𝐀𝐊𝐄𝐒 𝐓𝐇𝐀𝐓 𝐃𝐀𝐌𝐀𝐆𝐄 𝐘𝐎𝐔𝐑 𝐏𝐑𝐎𝐅𝐈𝐓𝐒

Dear followers 💞 💞 Avoid these common errors to protect your capital and improve your trading performance

1. Over-Leveraging

Using extremely high leverage like 20x to 50x increases your chances of liquidation.

Tip: Use lower leverage (2x–5x) and always place a stop-loss to manage risk.

2. Emotional Trading

Buying when the market is pumping or selling during panic leads to poor decisions.

Tip: Stick to your trading plan and avoid acting on emotions.

3. Ignoring Security

Weak passwords and unsafe platforms can lead to hacks or lost funds.

Tip: Use strong security practices like hardware wallets, two-factor authentication, and avoid suspicious links.

4. Skipping Research

Relying only on influencers or hype can result in holding low-value assets.

Tip: Study the project’s fundamentals, team, roadmap, and utility before investing.

5. Chasing Losses

Trying to recover quickly by overtrading often leads to larger losses.

Tip: Take a break and reset your strategy instead of forcing trades.

6. No Strategy

Random trades without a plan are equivalent to gambling.

Tip: Choose a trading method such as breakouts or swing trades and follow it with discipline.

7. FOMO Buying

Entering trades late due to hype makes you the exit for others.

Tip: Be patient. The best trade setups appear after the hype settles.

8. Ignoring Risk-to-Reward Ratio

Risking more than you stand to gain is not sustainable.

Tip: Aim for a minimum of 1:2 risk-to-reward on every trade.

9. Overtrading

Trading too frequently can lead to mental fatigue and increased losses.

Tip: Focus on high-quality setups and avoid trading just to stay active.

10. Not Tracking Trades

Without a record, it's hard to identify patterns or improve your performance.

Tip: Keep a trading journal with your entry, exit, reasoning, and outcome.

If you find this bit helpful lemme know in comment box ....