#TradingStrategyMistakes
| You should avoid these mistakes now!
With $BTC/USDT trading near $118,000, many traders are recording losses due to common mistakes that can be easily avoided. Here are the main ones to be wary of at this moment:
1. Trading without a clear plan: Random entry when the price rises leads to losses. Define a strategy and entry and exit points.
2. Ignoring risk management: Avoid putting your entire capital into a single trade and always use a stop loss of 1–2%.
3. Trading with emotion or FOMO: Believing that the price will continue to rise without analysis drives you to buy at the peaks.
4. Overtrading: Too many trades waste profits due to fees and increase stress.
5. Neglecting security: Not using secure wallets or enabling two-factor authentication (2FA) puts your funds at risk.
🎯 Be smart in your trading. Plan, protect your capital, and trade with confidence.
Have you faced any of these mistakes? Share your opinion with us.