#TradingMistakes101 is a beginner’s crash course on the most common errors people make when trading crypto (or any financial assets), and how to avoid them. It’s like a checklist of “what not to do” if you want to protect your money and trade smart.

Here’s a breakdown in simple terms:

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🚫 Common Trading Mistakes:

1. FOMO (Fear of Missing Out):

Jumping into a trade just because everyone else is, often at the worst time (when prices are peaking).

2. Lack of a Plan:

Trading without a clear goal, entry/exit strategy, or risk management. It’s like going into battle with no armor.

3. Overtrading:

Making too many trades too quickly, driven by emotions instead of logic.

4. Ignoring Risk Management:

Betting too much on one trade or not setting stop-losses—this can wipe out your portfolio fast.

5. Revenge Trading:

Trying to make back money you lost by rushing into new trades emotionally, often leading to even bigger losses.

6. Not Doing Research (DYOR):

Relying on hype or random tips without understanding the project or asset you’re buying.

7. Chasing Losses:

Doubling down on bad trades instead of cutting your losses.

8. Overconfidence After Wins:

Getting reckless after a few lucky gains, thinking you can’t lose.

9. Ignoring Fees and Slippage:

Not factoring in trading fees or how much the price can move during execution.

10. Holding Bags Too Long:

Refusing to sell a bad investment, hoping it will recover—even when all signs say it won’t.

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💡 Bottom Line:

#TradingMistakes101 is about learning to trade with discipline, patience, and a strategy. The goal is not just to win trades—but to avoid the kind of mistakes that cause major losses.

Smart traders don’t just learn what to do. They learn what to stop doing.