#TradingMistakes101 **#Trading Mistakes 101: Top Pitfalls Every Trader Should Avoid**

Trading crypto can be highly rewarding, but it’s also riddled with pitfalls—especially for beginners. Here are the most common mistakes to watch out for:

1. **Emotional Trading** – Letting fear (panic selling) or greed (FOMO buying) dictate decisions leads to losses. Stick to a disciplined strategy instead of reacting to short-term volatility .

2. **Poor Risk Management** – Risking too much capital on a single trade or ignoring stop-loss orders can wipe out your portfolio. Experts recommend risking only 1-3% per trade .

3. **Overtrading** – Chasing every market movement increases fees and poor decisions. Focus on quality setups, not quantity .

4. **Neglecting Research (DYOR)** – Blindly following hype or influencers often ends in scams or dead-end projects. Always analyze fundamentals, team credibility, and tokenomics .

5. **Ignoring Fees & Costs** – Overlooking trading fees, funding rates (in futures), or tax implications erodes profits. Factor these into your strategy .

Pro Tip: Keep a trading journal to track mistakes and refine your approach. Stay patient—consistent, informed decisions beat impulsive bets! 🚀 #Crypto #RiskManagement #DYOR

*(Word count: 120)*

**Key Sources:**

- Emotional trading & risk management

- Research & scams

- Fees & overtrading