#TradingStrategyMistakes Here are some common trading mistakes to avoid in crypto, whether you’re a beginner or even experienced:

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🚫 1. Not having a plan

Trading without a clear plan (entry, exit, risk management) is a fast way to lose money.

✅ Always know:

Why you’re entering a trade.

Where you’ll take profit.

Where you’ll cut your losses (stop-loss).

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🚫 2. Overleveraging

Using too much leverage is one of the most common ways traders blow up their accounts. Crypto is already volatile — adding 20x or 50x leverage makes it even riskier.

✅ Use small or no leverage, especially when learning.

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🚫 3. FOMO (Fear of Missing Out)

Chasing pumps or buying just because everyone on social media is hyping a coin usually ends badly. By the time you hear about it, it’s often already too late.

✅ Wait for proper setups and don’t trade on emotion.

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🚫 4. Poor risk management

Putting too much of your portfolio into one trade can wipe you out if it goes wrong.

✅ Never risk more than you can afford to lose on a single trade — many traders use 1–2% of their capital per trade.