#TradingMistakes101 The mistakes that are draining your wallet (and how to avoid them) 💸📉
Have you ever bought right at the peak and sold right at the bottom?
Don't worry, we've all been there. But today we're going to put a stop to those typical mistakes that sabotage your trades. 🚦
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❌ The 5 most common mistakes in crypto trading:
1. Entering due to FOMO 😱
Buying just because "everyone else is doing it" leaves you stuck at the top.
2. Not having an exit plan 🧭
You enter... but you don't know when or how you're going to exit. Serious mistake.
➤ Always define your take profit and stop loss.
3. Overtrading 🔁
More is not better. Every poorly thought-out trade is a lost bullet.
4. Not managing risk ⚠️
Betting everything on a single coin is like going to the casino.
➤ Never put more than 1-3% of your capital in a single trade.
5. Ignoring market psychology 🧠
Fear and greed are your worst enemies.
➤ The emotional trader loses, the disciplined trader wins.
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🔄 How to improve?
✔️ Create your plan and stick to it
✔️ Study the charts and the context before entering
✔️ Use tools like alerts, stop loss, and capital management
✔️ Learn from your mistakes, don't repeat them
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💬 Which of these mistakes have you made at some point?
Share it in the comments and help others avoid stumbling over the same stone.
And if this post helped you, share it with your crypto community! 🚀
Do you want to avoid mistakes and improve your trading decisions?
Follow me: I explain the crypto world clearly, without smoke and with strategy. 📊🔥