#TradingMistakes101

One of the most common mistakes among beginner traders is entering a trade without a clear plan or simply by seeing a currency suddenly increase. This behavior is based on emotion rather than analysis, and often leads to losses.

For example, take the currency $DOGE, when it started to rise sharply due to a tweet, many entered the trade at the peak without study, thinking the price would continue to rise. What happened next was a violent correction, where many people lost money.

💡 Trading is not a game of chance; it is a science that requires capital management, a clear plan, and technical and fundamental analysis.