#TradingStrategyMistakes 🤦‍♂️ Avoid these 3 TRADING MISTAKES and protect your cryptos! 📉

Content:

We have all made mistakes when trading crypto, I am the first! But learning from them is key to not losing money. Here I share 3 common mistakes you must avoid at all costs:

* Trading without a plan: Entering the market without defining your entry point, exit, and stop-loss is a guaranteed ticket to disaster. Emotion will take over you. Define your rules before trading and stick to them.

* Not using Stop-Loss: This is a lifesaver. If you don’t use it, an unexpected drop can liquidate your entire position. Always protect your capital. It’s better to have a small controlled loss than a ruin.

* Getting carried away by FOMO/FUD: The "Fear of Missing Out" (FOMO) makes you buy at the peak, and the "Fear, Uncertainty, and Doubt" (FUD) makes you sell at the bottom. Ignore the noise and stick to your analysis. Emotions are the worst enemy of the trader.

Learning to control these mistakes will save you a lot of money and stress. Patience and discipline are your best tools!