#TradingMistakes101 *#TradingMistakes101* is a guide to common errors traders make — and how to avoid them — especially in crypto markets.
⚠️ Top Trading Mistakes:
1. *FOMO (Fear of Missing Out)*
- Chasing pumps leads to buying high & selling low.
- *Fix*: Stick to a plan, don’t trade emotionally.
2. *No Stop-Loss*
- Not using stop-loss means one bad trade can wipe your capital.
- *Fix*: Always set stop-loss levels based on risk.
3. *Overtrading*
- Too many trades = higher fees + poor decisions.
- *Fix*: Focus on quality setups, not quantity.
4. *Ignoring Risk Management*
- Going all-in or risking too much on one trade.
- *Fix*: Never risk more than 1–2% of your capital per trade.
5. *Not Doing Research*
- Trading based on hype or tweets without due diligence.
- *Fix*: Study the project, chart patterns, and market sentiment.
6. *Revenge Trading*
- Trying to make back losses fast leads to bigger losses.
- *Fix*: Step away and reset your mindset after a loss.
7. *No Trading Journal*
- Without tracking trades, you repeat mistakes.
- *Fix*: Log entries, exits, and emotions.
Want a checklist to avoid these mistakes in real-time?