#TradingMistakes101 The 5 Most Costly Mistakes (and How to Avoid Them)

If you want to survive in crypto trading, stop making these mistakes that 90% of beginners repeat. Learn from others' failures!

❌ Error 1: Trading Without Stop-Loss

Real case: A trader lost $8,000 in LUNA for not using SL.

Solution: Use stops of 1-3% of capital and adjust them according to volatility.

❌ Error 2: Excessive Leverage

Example: 20x in BTC = liquidation with just a 5% adverse movement.

Rule: Never exceed 5x-10x (even for pros).

❌ Error 3: FOMO (Buying at Peaks)

Classic signal: When your barber talks to you about "the next 100x coin."

Alternative: Wait for pullbacks to technical support or key moving averages (e.g., EMA 50).

❌ Error 4: Ignoring Risk/Reward

Essential metric: Minimum ratio 1:2 (risk $1 to gain $2).

Tool: Calculate your R/R before entering a trade.

❌ Error 5: Revenge After Losses

Psychology: "I will recover in the next one" → Spiral of losses.

Fix: Maximum 2-3 trades daily and if you lose 2 in a row.

💡 Bonus: How to Turn Mistakes into Lessons

Keep a trade journal (note what went wrong).

Analyze your losses coldly (24h later).

Use demo accounts to test strategies.