#CEXvsDEX101 highlights the most common errors traders make, such as entering positions without a clear strategy, ignoring risk management, overleveraging, revenge trading after losses, letting emotions like fear and greed dictate decisions, failing to use stop-loss orders, chasing trends too late, neglecting to research market fundamentals or technical indicators, and lacking patience or discipline, all of which can lead to significant financial losses and missed opportunities, so recognizing these pitfalls early and committing to continuous learning, proper planning, and self-control is essential for developing a successful trading mindset and building long-term profitability in volatile markets like stocks, forex, or cryptocurrencies.