#常见交易错误 Emotional Management Issues

• Greed: In trading, when the price of cryptocurrencies rises, investors may fail to take profits in time due to greed, hoping for further price increases, ultimately missing the best selling opportunity, leading to profit loss or even losses.

• Fear: When market prices fall, investors may rush to cut losses out of fear, or hesitate to buy at low prices, missing out on rebound opportunities.

Insufficient Risk Control

• Excessive Leverage: Using excessively high leverage for trading can amplify profits, but it also significantly increases risk. If the market trend turns unfavorable, it can lead to substantial losses, even total loss of capital.

• No Stop-Loss/Take-Profit Set: Without setting reasonable stop-loss and take-profit levels, when unexpected market changes occur, one cannot timely control risk and lock in profits, leading to continuous losses or missing profit opportunities.

Information Misjudgment

• Believing Rumors: The cryptocurrency market is filled with complex information, and investors are prone to believe some unverified rumors, false information, or so-called 'insider news', and trade based on it, often resulting in losses.

• Lack of Independent Thinking: Blindly following others' trading advice or market trends without analyzing and judging the information independently, leading to an inability to discern the information.