#CryptoCharts101 Here are some common trading mistakes to watch out for:

*General Trading Mistakes*

- *Changing Your Strategy Too Often*: Avoid switching strategies after a few losing trades. Stick to your approach and let it play out.

- *Not Expecting the Unexpected*: Markets can be unpredictable. Prepare for unexpected events by having a solid risk management plan.

- *Not Keeping Track of News*: Stay informed about market news and events that could impact your trades.

- *Lack of Preparation*: Develop a detailed trading plan and stick to it.

- *Not Analyzing Trades*: Regularly review your trades to identify areas for improvement.

*Risk Management Mistakes*

- *Risking Too Much*: Don't risk more than 1-2% of your account balance per trade.

- *Not Using Stop-Loss Orders*: Set stop-loss orders to limit potential losses.

- *Letting Losses Run*: Cut losses quickly and avoid letting them ride.

- *Not Understanding Drawdowns*: Be prepared for potential drawdowns and adjust your strategy accordingly.

*Emotional Trading Mistakes*

- *Emotional Decision-Making*: Avoid making trades based on emotions like fear or greed.

- *Overtrading*: Don't overtrade or make impulsive decisions.

- *Not Letting Profits Run*: Give your trades room