1. No Trading Plan
> Trading without a clear strategy = gambling.
Fix:
✅ Define your entry, stop-loss, take-profit, risk level, and exit conditions before you enter a trade.
---
2. Overleveraging
> Using 10x, 20x, 50x leverage with little experience often leads to liquidation.
Fix:
✅ Use low leverage (1x–3x) unless you're experienced. Always set a stop-loss.
---
3. No Stop-Loss
> Hoping the price comes back instead of cutting losses.
Fix:
✅ Always use a stop-loss. It protects your capital and mental health.
---
4. FOMO Trading
> Buying late after a pump due to fear of missing out.
Fix:
✅ If it's trending on Twitter, you're probably too late. Let it cool off, and only enter on proper setups.