The Seven Deadly Sins of Trading: These Red Lines Should Never Be Crossed!
In rolling stock trading, there are seven fatal mistakes that, once violated, can lead to unimaginable consequences:
1. Counter-Trend Trading — Going against market trends, deluding oneself into thinking they can perfectly time the market;
2. Overleveraging — Excessively magnifying leverage while ignoring risk tolerance;
3. Emotional Trading — Making arbitrary adjustments to positions driven by greed or fear;
4. Ignoring Extreme Risks — Failing to prepare for sudden black swan events;
5. Speculating on Poor Quality Assets — Taking risks on low liquidity cryptocurrencies;
6. Fatigue Trading — Staying up late to monitor the market leads to impaired judgment;
7. Over-Greed — Failing to take profits and ultimately ending up with nothing.
These mistakes may seem simple, but they are often the root cause of losses, so be vigilant!