#CryptoCharts101 Currencies: ETH/USDT
One of the most common mistakes new traders make is entering a trade based on emotion rather than analysis. For example, when trading ETH/USDT, some may see a rapid rise and feel the fear of missing out (FOMO), entering at a high price only to face a sudden drop. Another mistake is ignoring risk management, such as not placing stop-loss orders. Additionally, using leverage without fully understanding its risks can lead to significant losses. Learning from these mistakes and analyzing past trades is your path to evolving in the world of trading.
