Trading Veteran Reveals with Tears: Step on These Three Pits and You'll Lose Everything!
As someone who has been there, I must splash cold water on new traders—stepping on any one of these three landmines is enough to ruin you!
Chasing Highs and Selling Lows Like a Leek
The dumbest move is to wait until the price skyrockets before rushing in to buy.
By the time you enter, the big players have already made off with the money, and you're just the “last runner” carrying their sedan chair.
Remember: Fear of Missing Out is a disease that needs curing! No matter how tempting skyrocketing coins are, don’t be the one left holding the bag.
Blind Trading Leads to Heavy Losses
I used to stare at the charts every day, yet knew nothing about international news or economic policies. What happened? Major events like the Fed's interest rate hikes and wars led to painful losses.
Now I understand: Technical analysis is the gun, fundamentals are the bullets; you need both!
Fidgeting and Turning into a Gambler
The worst thing is treating trading like gambling—feeling uneasy if you don’t make a move every day.
Forcefully trading when the market is quiet and rushing to recover losses leads you to become the very gambler you despise.
Remember: Holding cash doesn’t lose money; controlling your hands is real skill!
Core Truth: Trading is not about how many times you trade, it's about patience. If you can't understand the market, take a break; don’t treat your hard-earned money like game currency!
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