#TradingMistakes101
⚠️ **Errors that can cost you dearly in trading** ⚠️
📉 **Not managing risk**
Never underestimate the importance of a **stop-loss**. Without it, a bad trade can severely impact your capital.
🤯 **Emotional trading**
Fear and greed can lead you to make impulsive decisions. Stay calm and follow your strategy.
📊 **Ignoring technical analysis**
Trading without understanding **support, resistance, and candlestick patterns** is like navigating without a compass. Learn to read charts.
🚀 **Overtrading without a strategy**
Opening too many positions without a clear plan can lead to unnecessary losses. Patience is key.
🔍 **Not researching before investing**
Following trends without doing your own analysis can be dangerous. Research, compare, and make informed decisions.
✅ **Avoid these mistakes and improve your trading with Binance**