$SOL $BNB $ETH 🚨#TradingStrategyMistakes 🚨 5 Common Mistakes in Trading Strategies (and How to Avoid Them) 🚨
1️⃣ Buying out of FOMO (fear of missing out)
🔁 How to avoid: Have an entry plan based on analysis, not on hype. Wait for trend confirmation.
2️⃣ Ignoring Risk Management
🔁 How to avoid: Never go all in. Use stop loss and risk a maximum of 1 to 2% per trade.
3️⃣ Changing Strategy at Every Drop
🔁 How to avoid: Trust the tested strategy. Fluctuations are normal. Adjust only based on data, not fear.
4️⃣ Not Having an Exit Plan
🔁 How to avoid: Set profit targets and stop points BEFORE entering. Profit is only real when it's in your pocket.
5️⃣ Trading with Emotion
🔁 How to avoid: Stick to the plan. If you feel anxiety or euphoria, stop. Uncontrolled emotion leads to a zeroed account.
💡 The secret to success in trading is not to be right all the time, but to make small mistakes and learn quickly.
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