#TradingStrategyMistakes

Many traders in the crypto market fall victim to common mistakes that significantly impact their profitability. One of the most frequent errors is trading without a proper plan or strategy, often driven by emotions like fear or greed. This leads to impulsive decisions, especially during market volatility. Another major mistake is overleveraging, where traders use excessive borrowed funds, increasing both potential gains and losses—often resulting in liquidation. FOMO (Fear of Missing Out) also causes many to enter trades too late, buying at peaks and suffering losses when prices correct. Poor risk management, such as failing to use stop-loss orders, can quickly wipe out an account. Additionally, chasing hype or relying solely on social media tips without conducting personal research is dangerous. Lastly, neglecting to keep records or learn from past trades prevents improvement. Avoiding these mistakes through discipline, education, and proper planning is key to becoming a consistently successful crypto trader.