#TradingMistakes101
Every trader, beginner or pro, makes mistakes—but learning from them is key. One of the most common errors is overtrading, driven by emotion rather than strategy. Another is ignoring stop-loss orders, which can turn a small loss into a portfolio-draining event. Some traders also fall into FOMO (fear of missing out) and buy into pumps too late, only to face the dump. Lack of a clear trading plan or risk management strategy can leave you directionless. Also, not doing your own research (DYOR) can lead to chasing hype coins with no fundamentals. Mistakes are part of the journey, but minimizing them starts with discipline, education, and patience. Keep a trading journal to reflect on wins and losses—this alone can elevate your skills. In crypto, surviving long-term often means avoiding short-term blunders.