#TradingStrategyMistakes In the process of trading crypto, especially on large exchanges like Binance, many traders – both new and experienced – often make strategic mistakes that lead to losses.
One of the biggest mistakes is the lack of a clear trading plan. Many people enter trades based on emotions, FOMO when the market rises, or panic sell when prices drop. Next is using excessively high leverage in Futures, which makes accounts easy to be liquidated after just a few small fluctuations.
Additionally, not setting stop-loss or not managing capital effectively is also a serious mistake. Sometimes traders 'hold on to losses' for too long, hoping the price will reverse, leading to the loss of all capital.