#TradingMistakes101 Currency Pair: 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 and then facing a sudden drop. Another mistake is neglecting risk management, such as failing to set stop-loss orders. Additionally, using leverage without a full understanding of its risks can lead to significant losses. Learning from these mistakes and analyzing past trades is your path to growth in the trading world.