๐๐๐5 Common Mistakes in Futures & Spot Trading (Must Avoid!) ๐ซ๐๐๐๐ซฐ
๐ฅ1. Overleveraging in Futures ๐ฅ
Beginners often use 20x or 50x leverage without proper risk management.
๐ฅ One bad trade = liquidated account.๐ฅ
๐ฏ2. No Stop-Loss = Big Loss โ
Whether Spot or Futures โ not using stop-loss is like driving without brakes.
Protect your capital first!
๐ฏ3. Buying Tops, Selling Bottoms ๐
Emotional trading leads to panic selling and FOMO buying.
Always wait for confirmation or support/resistance levels.
๐ฏ4. Ignoring Market News & Updates ๐ฐ๐ฏ
A small announcement can crash or pump a coin.
Stay updated with Binance, Twitter & crypto news sites.
๐ฏ5. Lack of Strategy or Plan ๐ฏ
Donโt trade just for โfeeling lucky.โ
Have a clear entry, target, and exit strategy.
๐ฏ๐ฏ๐ฏ๐ก Pro Tip:๐ฏ๐ฏ๐ฏ๐ฏ
Start small. Learn the game before you risk big.
๐ง Follow for more crypto tips and real talk about trading!