#TradingMistakes101 Misunderstanding the principles of market operations

technical and

fundamental analysis

mass psychology and market cycles

No trader considers themselves

mediocre, hence many mistakes.

In the market growth phase, beginners

are pleased with a profit of 10-20%

of the deposit, while the quotes

of liquid cryptocurrencies during this time

show 30-50-150%. Everything does not

conform to the laws of logic. Unfortunately or fortunately, most

traders make typical

mistakes and are unable, due to the change

in the downward phase, as the distribution

transitions to a prolonged

decline.

It is at this moment that a

psychological error occurs and

a series of

catastrophic events begins for most factors, and the lack

of experience does not allow to realize

the objective picture.

1.Greed — as a psychological

trap 2.Trading in an unstable state 3. Laziness to keep statistics 4. Inflated risks in an emotional state and gambling 5. Lack of financial

management 5.Not realizing losses when the price goes

against you 6.Irrational use of

stops.