#常见交易错误

The pits walked through pave the road of growth

In the world of cryptocurrency trading, which is full of opportunities and fluctuations, making mistakes is almost a compulsory lesson for every trader's growth. Openly discussing these mistakes is not a sign of weakness, but a valuable experience transfer that can help the community progress together. Whether it’s blindly chasing highs and cutting losses, ignoring risk management, or being disturbed by market noise, each lesson shapes a more mature version of ourselves.

As a beginner, what was my biggest mistake? Undoubtedly, it was 'Entering too early' (FOMO). Seeing a certain coin suddenly surge, fearing to miss the chance of getting rich, I dove in without analyzing the fundamentals, disregarding whether the technical indicators were overbought, and without setting a clear stop-loss point. The result is often buying at a high point, followed by a significant correction, leading either to panic selling or being stuck for a long time. The lesson is deeply ingrained: Patience is golden. Waiting for clear entry signals (such as key support levels stabilizing, technical indicators aligning) is far more important than chasing intraday impulses. The market will never lack opportunities; what it lacks is the composure to wait for the right moment.

What is the key to improving trading discipline? It is to formulate and strictly adhere to a trading plan! This plan must clearly include:

Entry reasons: Based on what analysis (technical/fundamental)?

Stop-loss level: At what price level do you acknowledge the mistake and exit? This is the lifeline!

Target level: Where is the expected profit range?

Position size: What percentage of total capital does the risk exposure of a single trade represent (recommended 1-2%)?

Write the plan down on paper (or in an electronic document) and execute the plan during trading, not swayed by fear or greed in the market. Regularly review the plan.