#TradingMistakes101
⚠️ 5 Classic Mistakes When Trading Crypto That Everyone Has Made!
#TradingMistakes101
Crypto trading is not just about "buying low – selling high". It's a battle of psychology, discipline, and strategy.
Below are common mistakes that cause many people to lose money – are you making any of them?
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❌ 1. FOMO – Buying at the peak out of fear of missing out
Most traders buy after seeing a strong price increase and a lot of buzz, then they buy at the peak.
➡️ Principle: If you see it as “too hot”, others have already entered before you.
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❌ 2. Not setting a stop-loss
"It's a good coin, just hold on!" – and then the account disappears.
➡️ Whether trading spot or futures, a stop-loss is a lifesaver.
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❌ 3. Overtrading – Trading too much
Entering trades continuously out of fear of missing out, an anxious mindset causes you to lose control.
➡️ Wait for a clear opportunity; you don’t always need to trade.
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❌ 4. Not managing capital
Going “all in” just because you're confident or... frustrated.
➡️ Golden rule: Do not risk more than 1-3% of your account on each trade.
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❌ 5. Trading without a plan
Buying based on “feelings”, selling because of “nervousness”.
➡️ Before entering a trade, clearly define: entry point, profit target, stop-loss, and reason for entering the trade.
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🧠 A good trader is not someone who is always right – but someone who knows how to make fewer mistakes and has consistent wins.
💥 Have you ever made any of these mistakes? Comment to share and learn together!
Follow the series #TradingMistakes101 to upgrade your skills & avoid burning your account.