#TradingMistakes101

Top 04 Rookie Errors in Crypto Trading

🚫 1. FOMO (Fear of Missing Out)

Jumping into a coin after it pumps 50% because “it’s going to the moon.”

Fix: Buy based on charts and plans, not hype. If it's already mooning, you're likely exit liquidity.

⚖️ 2. Overleveraging

Using 25x–100x leverage with little capital (like $6) hoping for big wins. A tiny price move wipes you out.

Fix: Keep leverage under control (1x–5x max for beginners). Respect stop losses.

📉 3. No Stop Loss

Going in without a defined exit if you're wrong. Big losses pile up.

Fix: Use stop-loss orders or manual levels. Accept that losses are part of the game.

📆 4. No Trading Plan

Trading randomly without entry, exit, or position size defined.

Fix: Every trade should answer:

Why am I entering?

Where is my stop?

What’s my profit target?