🔻 📌 The Most Important Mistakes New Traders Make on Binance 👇
1️⃣ Entering Without a Plan: Many start trading without defining
a clear entry and exit point, leading to unexpected losses.
2️⃣ Ignoring Stop Loss: One of the biggest mistakes! This option protects your money when the market suddenly drops.
3️⃣ Trading with Emotion 😩: Emotions like fear or greed push you to make wrong decisions, especially after a quick loss or gain.
4️⃣ Relying Only on Recommendations Without Understanding the Market 🔍: Don't just rely on what others say, always try to learn for yourself and analyze the market.
5️⃣ Risking All Capital: It's a mistake to put all your money into one trade. Diversify your capital and learn risk management.
✅ Golden Advice: Start with a small amount, and learn from the experience... trading is a journey, not a race 🛤️.
