#TradingStrategyMistakes ❌ TradingStrategyMistakes
When I started trading, I thought I could just follow YouTube strategies and make profits easily. But my biggest mistake was not having a proper risk management plan. I didn’t set stop-loss or take-profit targets. Once, I bought a coin thinking it was at a dip, but the market dropped even more. I kept holding, hoping it would bounce back, but it kept falling. That trade taught me never to trust trends blindly or follow influencers without doing my own research. Now, I write down my strategy before every trade and always set a stop-loss. Losses are part of the journey, but repeating the same mistake is not.