#TradingMistakes101 Leverage can seem enticing, like a quick way to make money, but it carries high risk. Using 2x–5x leverage and tight stop-losses is safer than risking everything on one trade. Emotional trading, where decisions are driven by feelings, can ruin portfolios, so having a clear plan and sticking to strategy is essential.

Security is crucial in cryptocurrency; one mistake can lead to total loss, so use hardware wallets and 2FA. Relying on trending coins without research can lead to scams, so always check the project's details before investing.

Chasing losses is risky; instead, take breaks to reassess. Trading should be strategy-based, using proven methods and backtesting. Avoid FOMO when buying and practice risk management by not over-investing in one coin. Understanding market cycles is key to successful trading.

Always secure your capital first.