#TradingMistakes101

Binance’s #TradingMistakes101 campaign highlights that the most common pitfalls for new traders include succumbing to FOMO (fear of missing out), emotional decision-making, over‑leveraging, neglecting risk management, and entering trades without proper research or strategy. Community insights emphasize four key fixes: develop and stick to a clear trading plan, always set stop‑losses, avoid chasing hype (especially meme‑coin pumps), and prioritize security measures like 2FA and hardware wallets . By treating trading like a disciplined profession—backed by research, emotional control, and robust security—Binance advises traders to protect capital and build consistency before seeking profits.