Crypto trading success? Avoid these 5 mistakes:

1. Lack of understanding and preparation. Learn the basics of trading, don't be tempted by big profits without knowing the risks.

2. Go against the trend. Follow the current trend, don't fight it. Use indicators to define entry and exit points.

3. Open a Late Position. Open a position when there is a strong price action signal. Don't wait for the trend to saturate or end. Do not change time frames or indicators.

4. Averaging Loss Position. Averaging is adding the same position. Don't do it on a loss position, you can lose big. Set loss limits and close losing positions.

5. Trading Addiction (Over Trading) and Emotional. Trading is not a toy or a hobby. Trading requires discipline and self-control. Do not open positions without reason or emotion.

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