#TradingMistakes101
Mistakes most traders make, be informed not to be in such situations
1️⃣ Ignoring Platform Red Flags – Binance recently had an employee suspended for alleged insider trading and front-running . Always vet your exchange, know its track record—and use trusted or regulated platforms.
2️⃣ Skipping Risk Management – As seen with futures wipeouts, not using stop-loss orders or proper position sizing on Binance can lead to serious losses . Set clear limits before you trade.
3️⃣ Trading Emotionally – FOMO, revenge trading, or trying to recoup losses leads to poor decisions. Stay disciplined—no chasing the market .
4️⃣ Overleveraging – High leverage amplifies profits but also losses. Binance futures are volatile—don’t risk more than you can afford .
5️⃣ Trusting Unverified Coins –