#TradingMistakes101 | Avoid These Common Errors on Binance 🚫📉

🔻 1. FOMO Buying

Jumping into trades just because the price is pumping? Big mistake. Always do your research first.

📉 2. Ignoring Stop-Losses

Not setting stop-losses can turn small losses into account killers. Protect your capital!

📊 3. Overtrading

More trades ≠ more profit. Overtrading often leads to emotional decisions and higher fees.

💰 4. Using High Leverage Without Experience

Leverage can amplify gains and losses. Many beginners blow their accounts chasing quick wins.

🧠 5. Lack of a Plan

Trading without a strategy is gambling. Know your entry, exit, and risk tolerance before you click "Buy."

📚 6. Not Keeping Up with News

Crypto is fast-moving. A sudden regulation or hack can move the market in seconds.

✅ Pro Tip: Learn, adapt, and keep emotions in check. Trading is a skill — not a lottery.