3 MISTAKES THAT WILL COST YOU DEARLY 💸
In 10 years of trading, I’ve seen it all the highs, the lows, and complete loss of control.
Today I want to share three key mistakes that once cost me money and nerves.
If you’re not a beginner, you might recognize yourself.
If you’re just starting out take note. It’ll protect your capital.
1. CHASING THE MARKET 🚫
Once, I entered a trade right after a pump the token had grown by 40% in a few hours. I thought: “Just a bit more and we’ll fly!”
Nope. It already flew. Without me. And then it suddenly started to crash.
Why does this happen?
Because the big players the “whales” exit when the crowd starts entering.
You become their exit liquidity. They sell to you while you’re still dreaming of rockets.
Lesson:
If the asset has already pumped stay away.
FOMO ≠ signal.
Cold logic beats hot emotion.
2. LACK OF CONTEXT 🌍
I used to look only at charts candles, levels, volumes I thought that was enough.
Then I started losing money, not understanding why the market was acting “weird.”
Turns out the issue wasn’t in my technical analysis.
It was that I ignored the bigger picture:
• Geopolitics
• Inflation reports
• FOMC meetings
• News cycles
• Regulatory changes
Lesson:
If you’re trading without global awareness you’re blind.
The market is a reflection of the world. Don’t close your eyes to that.
3. OVERTRADING 🎲
The most painful mistake.
There were times I opened trades daily just because I had to do something.
Sometimes out of greed. Sometimes out of boredom. Sometimes out of fear of missing out.
I wasn’t trading setups I was trading emotions.
That’s the road from trader to gambler.
Lesson:
You don’t have to trade every day.
The market isn’t going anywhere.
A clear mind and patience that’s your true position.
Final note:
Thanks for reading.
If even one of these lessons resonates then it was worth sharing.
Learn from someone else’s pain. It’s cheaper than learning from your own.
Oleg Torn
10 years in the market. No BS.
