#TradingMistakes101 Common Pitfalls to Avoid on Binance 🚫
📉 1. FOMO Trading
Jumping into trades because everyone else is — Fear of Missing Out leads to poor decisions. Stick to your strategy!
💼 2. Overleveraging
Using too much leverage can wipe you out fast. Risk management is key — don’t let greed take the wheel.
📊 3. Ignoring Stop-Losses
Not using a stop-loss is like skydiving without a parachute. Always protect your downside.
🧠 4. Trading Without a Plan
Entering trades without a clear entry/exit plan is gambling, not trading. Define your strategy before you click “Buy.”
📚 5. Not Staying Informed
Crypto moves fast. Stay updated with Binance announcements, market trends, and global news.
🧘♂️ Bonus Tip: Emotions ≠ Strategy
Fear and greed kill good trades. Stay calm, stay focused.