#TradingMistakes101 Jumping into crypto trading? 🚀 Before you dive in, watch out for these common mistakes that can drain your portfolio faster than a rug pull.

🔻 1. Trading Without a Plan

Entering a trade without clear entry, exit, and stop-loss levels is a recipe for chaos. Always trade with a strategy.

🔻 2. Overleveraging

Using too much leverage can amplify gains — but also losses. One wrong move and your position could be liquidated.

🔻 3. FOMO Buying

Seeing a green candle and jumping in? That’s Fear of Missing Out. Often leads to buying the top and panic-selling the dip.

🔻 4. Ignoring Risk Management

Never risk more than you can afford to lose. A good rule: don’t invest more than 1-2% of your capital in a single trade.

🔻 5. Revenge Trading

Lost a trade? Don’t try to win it back immediately. Emotional trades lead to more mistakes and bigger losses.

🔻 6. Not Doing Your Own Research (DYOR)

Relying solely on influencers or signals can be dangerous. Always understand what you're investing in.

🔻 7. Holding Bags Too Long

Be realistic. Not every coin will recover. Sometimes it’s better to cut your losses and move on.

💡 Pro Tip: Keep a trading journal to track wins, losses, and what you learned. Trading is a skill — practice and discipline make a difference.