#TradingStrategyMistakes #TradingStrategyMistakes Here are the main trading strategy mistakes on "Binance" for beginners
1. **Emotional Trading:** Buying out of greed (FOMO) during a rise, or selling out of fear during a drop without a plan.
2. **Neglecting Stop-Loss:** Exposing oneself to significant losses during a market reversal.
3. **Excessive Risk:** Allocating a large portion of capital to a single trade.
4. **Following Pump & Dump schemes:** Buying coins after a significant rise, exposing you to losses during a correction.
5. **Overtrading:** Opening too many trades with illogical motivations, increasing trading fees.
6. **Complexity:** Using too many indicators or incomprehensible strategies.
7. **Neglecting Trading Volumes:** Trading low liquidity coins, making it difficult.