#TradingMistakes101 Top 5 Trading Mistakes to Avoid
1. Emotional Trading:
FOMO-buying peaks or panic-selling dips locks in losses. Stick to a strategy.
2. Overleveraging:
Using 10x+ margin amplifies gains but can liquidate accounts in minutes during volatility.
3. Ignoring Risk Management:
Skipping stop-losses or risking >2% of capital per trade escalates blowup risk.
4. Chasing "Hype":
Buying meme coins/NFTs based on social media pumps often ends in rug pulls.
5. Analysis Paralysis:
Overcomplicating charts with 10+ indicators causes missed exits. Focus on 2–3 reliable signals.
Fix It:
Backtest strategies.
Journal trades to spot errors.
Start small; scale gradually.