#TradingStrategyMistakes
đ The mistakes I made (and that I avoid now) in crypto trading đ„
When I started trading, I thought the hardest part was choosing the right crypto. But in reality, my worst mistake was my strategy⊠or rather the lack thereof. đ
Here are the 5 strategy mistakes I made (and maybe you did too?) :
Changing strategies too often †I jumped from scalping to holding, from swing to DCA... Result? No plan, just confusion.
Buying in FOMO †As soon as a crypto exploded, I thought "quick, I need to get in!" Result: I bought at the top.
Ignoring money management †Sometimes I put 90% on a single trade. I won big... or I lost everything. No stop loss = danger.
Not having a clear goal †I let losses run, hoping for a miracle. Now I know: it's better to have a small controlled loss than a big disaster.
Following influencers blindly †"This token is going to do x100!", they said. I bought... and watched my balance melt away. đ
đŻ Today, I have a clear strategy:
Specific goals,
Risk management,
Planned entries/exits,
And above all, I stay patient.
đ„ Trading is not a sprint. It's a marathon with discipline and lessons at every step.
And you? What has been your most costly strategy mistake?