#TradingMistakes101
---
📉 Trading Mistakes 101: What Not to Do in Crypto
⚠️ 1. FOMO (Fear of Missing Out)
Jumping into a coin just because it’s pumping or trending.
Why it's bad: You’re likely buying the top, right before a dump.
✅ Fix: Stick to your strategy. Don’t chase green candles.
---
😨 2. Panic Selling
Selling a coin during a dip out of fear.
Why it's bad: You lock in losses and often miss the rebound.
✅ Fix: Have conviction or stop-losses in place. Zoom out.
---
🎯 3. No Strategy / Random Trades
Entering trades without a plan (e.g., no entry/exit points, no risk management).
✅ Fix: Create a trading plan — know why you’re entering, your targets, and your stop-loss.
---
💸 4. Overtrading
Making too many trades in a short time, often driven by emotion or boredom.
✅ Fix: Trade less, with higher quality setups. Less is more.
---
🔻 5. Using Too Much Leverage
Trading with borrowed funds (e.g., 10x, 25x) increases risk significantly.
Why it's bad: It magnifies both gains and losses — even small price moves