#TradingMistakes101

#TradingMistakes101 โ€” Avoid These Common Pitfalls in Crypto Trading ๐Ÿšซ๐Ÿ“‰

Crypto markets are fast, volatile, and unforgiving โ€” especially for beginners. Here are some of the most common trading mistakes that can drain your portfolio:

๐Ÿ”ป 1. FOMO (Fear of Missing Out)

Chasing green candles can lead to buying at the top. Always enter trades with a plan, not panic.

๐Ÿง  2. Lack of Research

Buying based on hype or influencer tweets without understanding the project is a recipe for losses. DYOR (Do Your Own Research) always.

๐ŸŽข 3. No Risk Management

Trading without stop-losses or putting all your funds in one coin is gambling. Diversify and define your risk per trade.

๐Ÿ“Š 4. Overtrading

Too many trades = more fees and more chances for mistakes. Quality over quantity.

โŒ› 5. Not Understanding Market Orders

Using market orders during high volatility can result in bad execution prices. Learn when to use limit vs market orders.

๐Ÿ“‰ 6. Holding Losing Positions Forever

Hoping itโ€™ll bounce back? Set clear invalidation points and cut your losses early.

๐Ÿค– 7. Blindly Following Signals

Not every โ€œexpertโ€ on Twitter is legit. Copying trades without understanding the strategy will hurt in the long run.

๐Ÿง˜ 8. Emotional Trading

Greed, fear, and revenge trading can wreck discipline. Stick to your strategy and stay level-headed.

๐Ÿ’ก Pro Tip: Keep a trading journal. Reviewing your own trades is the best way to improve over time.