Newcomers in the trading process are prone to making some mistakes, such as chasing prices during market rises and ending up with losses; or panicking and cutting losses during declines, leading to further losses. Many people also fail to set stop-loss and take-profit orders, making them vulnerable to significant losses during large price fluctuations. Frequent trading can accumulate substantial transaction fees, which can adversely affect long-term returns. Additionally, many people fall victim to scams in airdrop and agency investment projects due to not verifying the authenticity of the information. Maintaining rationality, setting stop-losses, controlling position sizes, and independent thinking are key to avoiding losses.