⚠️ TradingMistakes101: Common Mistakes of Beginner Traders
Cryptocurrency trading is not just about profits, but also about risk management. Here are the most common mistakes to avoid:
1. Trading without a plan
• Entering a trade based on “feelings” leads to losses.
• Have a clear plan: entry point, stop-loss, take-profit.
2. Greed and fear
• Trading on emotions leads to wrong decisions.
• Don’t chase the maximum — a stable profit is better.
3. Overtrading
• Excessive trades = fatigue + loss of focus.
• Quality is more important than quantity.
4. Ignoring risk management
• Never risk more than 1–2% of your deposit on a single trade.
• Use stop-loss and control position size.
5. Not keeping a trade journal
• Without analyzing your actions, it’s hard to improve results.
• Record: why you opened/closed, what worked, what didn’t.
6. Blindly copying others
• Even the best traders make mistakes.
• Understand the logic of the strategy, don’t just repeat it.
🧠 Tip: trading is a marathon, not a sprint. Learn, analyze, and act with a cool head.