#TradingMistakes101 🔁 #TradingMistakes101 – Common mistakes every crypto trader should avoid 💥

If you are starting in the world of crypto trading, it's normal to make mistakes... but it's better to learn from others! 😅 Here are the most common ones and how to avoid them:

🔸 Entering the market due to FOMO (fear of missing out): Buying when everyone is talking about a crypto usually leads you to buy at the peak. 📈 Later, the price drops... and you get stuck. Instead, do your own analysis 📊.

🔸 Not using Stop Loss: Many novice traders believe that the price "will rebound"... but sometimes it doesn't. Without a stop, you can lose everything. Always use it as a safety net 🛑.

🔸 Overtrading: Making many trades in a row due to anxiety or boredom is a recipe for burning your account. Choose quality, not quantity. 🧘‍♂️

🔸 Not having a plan: If you don't know why you entered a trade, you won't know when to exit either. Define your strategy and stick to it 📋.

🔸 Excessive leverage: In futures, using 50x or 100x can be tempting... but also risky. A small market movement can liquidate you in seconds ⚠️.

🔸 Ignoring news or the global context: Sometimes the market moves due to decisions from the FED, geopolitical conflicts, or regulations. Staying informed is key 🌍.

🎯 Remember: we all make mistakes, but what's important is to learn and improve.

📣 What was your biggest mistake as a trader? Share it in the comments! And don't forget to send this post to that friend who always buys late 😅