#TradingMistakes101
📉 Trading Mistakes 101: Learn Before You Burn 🔥
Diving into crypto trading? Here are the top 5 rookie mistakes that drain wallets fast 💸👇
1️⃣ FOMO (Fear of Missing Out)
Buying green candles without research = recipe for regret.
📉 If it's pumping hard, you're likely late.
2️⃣ No Stop-Loss Strategy
Hope is not a strategy. Always protect your downside.
3️⃣ Overtrading
More trades ≠ more profits. It’s often more losses + more fees.
4️⃣ Ignoring Risk Management
Never invest more than you can lose.
Tip: Risk 1-2% max per trade.
5️⃣ Chasing Memecoins Without a Plan
Hype fades. Fundamentals matter. If you're in for fun, know it's a gamble.
💡 Pro Tip: Journaling trades helps spot patterns & improve discipline.
Every trader makes mistakes—smart ones learn from them.
#CryptoTrading #TradingTips #CryptoMistakes #CryptoEducation #RiskManagement