What’s the most common risk management mistake new traders make on Binance, and how can they avoid it?

The biggest mistake is overtrading (e.g., chasing every price movement without a plan) and ignoring stop-losses. Traders often let emotions override logic, leading to blown accounts. To avoid this:

1. Use stop-losses religiously.

2. Follow a trading plan with predefined entry/exit rules.

3. Limit the number of trades per day/week.

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