#TradingStrategyMistakes Here are the main mistakes of trading strategy on "Binance" for beginners
1. **Emotional Trading:** Buying out of greed (FOMO) during a rise, or selling out of fear during a drop without a plan.
2. **Neglecting Stop-Loss:** Exposing oneself to significant losses during market reversals.
3. **Excessive Risk:** Allocating a large portion of capital to a single trade.
4. **Following Pump & Dump Schemes:** Buying coins after a significant rise, which exposes you to losses during a correction.
5. **Overtrading:** Opening many trades for illogical reasons, increasing trading fees.
6. **Complexity:** Using too many indicators or incomprehensible strategies.
7. **Ignoring Trading Volumes:** Trading low liquidity coins, which makes it difficult.