#TradingMistakes101 New to trading or still struggling to find consistency? Let’s talk about common trading mistakes that even experienced traders make on Binance and beyond:
1. Overtrading More trades ≠ more profits. Quality > Quantity.
2. Ignoring Risk Management No stop-loss? You're gambling, not trading.
3. FOMO Trading Chasing green candles often ends in red portfolios.
4. No Trading Plan Entering trades without strategy is a fast track to losses.
5. Revenge Trading Lost a trade? Don’t try to “win it back” emotionally.
6. Lack of Research DYOR (Do Your Own Research) before following anyone’s call.
7. Overleveraging Leverage magnifies gains and losses. Know your limits.
8. Neglecting Market Sentiment Technicals matter, but don’t ignore the news and social trends.
✅ Pro Tip: Keep a trading journal to track your wins, losses, and emotional triggers. Awareness leads to improvement.