#TradingMistakes101 !"
(Trading experience on the Binance platform)
In my early days with futures on Binance, I made mistakes that could jeopardize my capital:
🔻 Trading driven by FOMO (Fear of Missing Out)
🔻 Neglecting risk management
🔻 Relying on rumors without technical and fundamental analysis
🔻 Not placing stop-loss orders
But each mistake was an opportunity to learn:
✅ From losses: I discovered that discipline is the foundation of survival
✅ From volatility: I learned patience to wait for confirmed opportunities
✅ From haste: I realized that protective tools (like Stop-Limit) are a necessity!
🛠️ Practical tips from my experience on Binance:
Test your strategies first on the demo simulation feature without risking capital.
Take advantage of the free academy for courses like "Fundamentals of Technical Analysis."
Create a trading journal on the Binance app to track your mistakes and achievements.
✨ "Don't chase profits... build solid knowledge, and profits will follow you."
⚠️ Reminder of the basic policies:
"Futures trading involves high risks - you may lose your entire capital."
"This content is for educational purposes only and is not financial advice."
"Only invest what you can afford to lose."
🗣️ Share your experience:
«What mistake changed your trading approach?»
Join the discussion 👇 using the hashtag: