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🔥 "Trading is prohibited before reading this post!"

🚫 5 Reasons That Destroy Beginner Traders (And How to Avoid Them)

1️⃣ "Rushing for Quick Profits"

- Mistake: Entering random trades because you "fear missing out on profits"

- Solution: Wait for trend confirmation (closing candles above/below critical levels)

2️⃣ "Neglecting Stop-Loss"

- Mistake: "The market will come back in my favor!" (Then you lose 50% of your capital)

- Solution: Set a Stop-Loss at 1-2% of your capital (Mandatory!)

3️⃣ "Trading with Emotions"

- Mistake: Buying because the currency is "cheap" or selling due to "fear"

- Solution: Use a written plan before entering any trade

4️⃣ "Following Rumors"

- Mistake: Buying a currency because a "famous person" said it will rise

- Solution: Rely only on technical and fundamental analysis

5️⃣ "Risking All Your Capital"

- Mistake: Putting all your money in one trade

- Solution: Risk only 1% of your capital in a single trade

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💡 Survival Plan (Start Today):

1. Read a book on technical analysis (like "Trading in the Zone")

2. Try paper trading for a month

3. Start with a small capital ($100-500)

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#Safe_Trading #Risk_Management #Golden_Tips

🌱 Remember:

"The professional trader is not the one who earns more... but the one who loses less!"