#TradingMistakes101 TOP-5 mistakes that drain your deposit
🎯 Trading is not just about buying cheap and selling high. It's a marathon of mistakes and conclusions. Here are the top five failures to avoid:
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❌ 1. Trading without a plan
📉 If you don’t know when to enter and exit — the market will decide for you. And, spoiler: not in your favor.
❌ 2. Averaging down losses
💸 Buying more when it drops? That's not a strategy, it's self-deception. Don't catch a falling knife — the market doesn't always "bounce back."
❌ 3. Excessive use of leverage
🚀 A x20 leverage looks cool... until liquidation comes. Remember: "less is more," especially in a volatile market.
❌ 4. Trading on emotions
😱 Panic, greed, FOMO — the worst advisors. Establish a rule: don’t trade when in a bad mood.
❌ 5. Ignoring risk management
🔒 Stop-losses exist for a reason. Protecting capital is your main priority, not profit.
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💡 Tip: Keep a trading journal, analyze, learn from others' mistakes, not from your own wallet.
📈 Trading is a discipline, not a casino.