#常见交易错误 circle trading seems simple, but in fact, it hides secrets. Many of my friends have made various mistakes in trading and suffered heavy losses.

One of the most common mistakes is 'chasing highs and selling lows.' When seeing the price rise, they can't help but jump in, only to often get caught at high levels; when seeing the price drop, they panic and sell, missing out on the rebound opportunity. This kind of operation is like throwing money into the water.

Another mistake is 'blindly following trends.' When seeing others recommending a certain coin, they buy in directly without doing any research, often resulting in being taken advantage of. Remember, the information in the crypto world is mixed; you must have your own judgment and not blindly trust others' words.

Of course, the most fatal mistake is 'addiction to leverage.' Trading with high leverage can potentially lead to overnight wealth, but it's more likely to lead to losing everything overnight. I have a friend who lost all his savings and even ended up in debt because he was addicted to high leverage. Therefore, it's crucial to manage leverage well and not let it become a monster that devours you. What other common trading mistakes have you seen?