#TradingMistakes101 Crypto trading can be profitable, but it’s also full of traps for the unprepared. Here are the top trading mistakes beginners (and even pros) often make — and how to avoid them:

1. FOMO (Fear of Missing Out)

Chasing pumps after seeing green candles everywhere? That’s FOMO. It leads to buying the top and holding the bag. Always wait for confirmation before entering a trade.

2. Lack of a Trading Plan

Jumping into trades without a clear entry, stop-loss, and target is a fast track to losses. A solid plan removes emotion and adds structure to your strategy.

3. Overtrading

More trades ≠ more profits. Overtrading usually leads to burnout and unnecessary losses. Focus on quality setups, not quantity.

4. Ignoring Risk Management

Never risk more than 1–2% of your capital per trade. Without proper risk management, even a few bad trades can wipe you out.

5. Revenge Trading

Lost a trade? Don’t let emotions take over. Trying to “win it back” often leads to worse decisions. Stay calm and reassess.

6. Not Using Stop-Losses

Hoping the market will “bounce back” is not a strategy. Always use stop-losses to protect your capital.

7. Blindly Following Influencers

Just because someone on X (Twitter) called a coin doesn’t mean it’s a good trade. Do your own research (DYOR) and trust your analysis.

8. Ignoring Market Conditions

Trying to long in a clear downtrend or short during a breakout? Big mistake. Understand the overall trend and trade accordingly.

💡Tip: Trading success is about discipline, not constant action. Study your mistakes, refine your strategy, and protect your capital.