🚨 5 deadly mistakes in crypto trading (and how to fix them) 🚨
Do you want to stop losing money and trade like a professional? Here are the 5 mistakes that ruin most traders:
💸 1. Looking to get rich quick
- Trading without a strategy = like gambling in a casino
- Solution: Test your strategy with at least 100 historical trades before using real money
🛡️ 2. Not managing risks
- Losing 20% on a trade = you need to gain 25% just to recover
- Key rule: Risk a maximum of 1-5% per trade and always use stop-loss
🧠 3. Getting carried away by emotions
- Entering due to FOMO or selling out of panic = guaranteed losses
- Tip: Keep a trading journal to identify your emotional mistakes
📚 4. Believing you know it all
- Not continuing to learn = becoming obsolete
- You must: Master technical analysis, candlesticks, and on-chain data
🌐 5. Ignoring the big picture
- Not seeing macro news = trading blindly
- Action: Follow economic calendars and 'smart money' movements
💡 Professional bonus:
"Traders survive months. Investors survive years." - Combine trading with long-term investing.
🗨 Question: What has been your biggest mistake and what did you learn? Share your experience 👇
