#TradingMistakes101 Risk Management and Trading Psychology:
This is perhaps the most underestimated but critical part of education for those who are just starting in Crypto Trading.
Capital Management: Learn to allocate a fixed percentage of your capital to each trade, and never invest more than you are willing to lose.
Stop-Loss and Take-Profit: Understand how to use these orders to limit losses and secure profits.
Diversification: Don't put all your eggs in one basket.
Trading Psychology: Fear and greed are the trader's enemies. Developing discipline, patience, and a trading plan is crucial to avoid impulsive decisions.