⚠️ #TradingStrategyMistakes : Learn from mistakes, do not repeat them 📉🛠️
In the crypto universe, the most common mistakes among traders include:
– FOMO & panic selling: entering high, exiting low.
– Overtrading: becoming reactive without a strategy.
– Ignoring risk management: no stop-loss or irresponsible sizing.
– Not diversifying or trading without a plan: ignoring technical and fundamental analysis.
🧠 Jed Harris from r/Daytrading summed it up well:
> “Most traders … lose money because they make behavioral and risk management mistakes that eventually wipe out their account.”
⛔ Key advice: avoid these mistakes with discipline, a clear plan, stop-loss, and diversification. Documenting and analyzing each trade improves long-term performance.