#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 trough?

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 out of FOMO 😱

Buying just because "everyone else is doing it" leaves you trapped 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. Each poorly thought-out trade is a wasted 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 into a single trade.

5. Ignoring market psychology 🧠

Fear and greed are your worst enemies.

➤ The emotional trader loses, the disciplined one wins.