#TradingMistakes101
Trading is not a game of luck or gambling! .. If you're not careful, you can lose your money faster than your internet balance runs out 📉💸. Let's review many mistakes that we often fall into:
⚡️Trading without a clear plan 🗺️
It's like driving a car without GPS... the result? Your money gets lost!
⚡️Relying on delayed or misleading news 📰
Markets don't always move according to the newspapers, think twice before you take a risk!
⚡️Not cutting losses in time ✂️
"Don't hold the knife that's falling" — holding onto a losing position worsens the problem.
⚡️Trading just for excitement 🎢
If you're trading for fun only, you might turn into a professional gambler without realizing it!
⚡️Your emotions control your decisions 😤😂
Anger or joy is not the best advisor, let your mind be the ruler.
Advice from Binance:
Trading is a long journey that requires patience and a plan... it's not a race! 🛤️✨