Emotional trading
Do you let the fear of missing out and panic dominate your buying and selling?
Tip: Follow a trading plan - not your emotions. Use alerts.
Ignore security
One phishing link = total loss.
Tip: Use two-factor authentication, e-wallets, and check URLs carefully.
Skip research
Are you copying and pasting influencer trades?
Tip: Always do what you love - check use case, supply, roadmap, and team.
Chasing losses
Revenge trading does not end well.
Tip: Withdraw, clear your mind, and improve your setups.
Lack of strategy
Guessing trades = gambling.
Tip: Stick to proven strategies - breakouts, support/resistance, etc.
Fear of missing out
If this fear spreads on social media, you are late.
Tip: Wait for pullbacks and strong entry points.
Ignore risk management
Betting 50-100% on one trade? Major mistake.
Tip: Risk only 1-2% per trade. Stay in the market.
Not tracking trades
Not recording = not learning.
Tip: Keep a journal - track entry and exit points, stop loss, and your reasons for choosing them.
Overtrading
More deals = more profits.
Tip: Quality over quantity. Wait for clear setups.
Not understanding market structure
Are you oblivious to trends and reversals?
Tip: Learn higher highs/lower lows, key areas, and market phases.
Ignore news and events
Air drops, opening deals, and the Federal Open Market Committee - news moves the markets.
Tip: Stay informed. Enable calendar alerts for major updates.
Trading without confirmation
Are you investing in the first green candle?
Tip: Wait for confirmation - volume, retests, or candle close.
Holding money for too long
Do you think every dip will recover?
Tip: Cut your losses early. Don't marry your coin - set a date for it.