#TradingStrategyMistakes 🔴 Top 5 Trading Mistakes on Binance**
### **1️⃣ Not Using a Stop-Loss**
- **Problem**: A trade gone wrong can wipe out your capital.
- **Solution**:
- Always place a **Stop-Loss** (automated on Binance).
- Rule of **1-2% max** per trade.
### **2️⃣ Over-Leveraging (Futures x100!)**
- **Problem**: A small reverse movement = liquidation.
- **Solution**:
- Stay reasonable (**x5 to x20 max**).
- Use **Isolated mode** to limit risks.
### **3️⃣ Chasing Losses (Revenge Trading)**
- **Problem**: After a loss, we trade emotionally → downward spiral.
- **Solution**:
- Take a break after 2-3 losing trades.
- Review your strategy instead of doubling down.
### **4️⃣ Following "Calls" Blindly (FOMO)**
- **Problem**: Buying a crypto because it’s already "pumping" (+20%… too late!).
- **Solution**:
- Conduct your own analyses (TA/FA).
- Avoid **pumps & dumps**.
### **5️⃣ Ignoring Fees (Excessive Trading)**
- **Problem**: The 0.1% fees per trade accumulate.
- **Solution**:
- Use **BNB to reduce fees**.
- Prioritize quality trades over quantity.