#TradingMistakes101
đ #TradingMistakes101 â Warnings for Beginner Traders! đ§
Platform: Binance đ„
1. â Overtrading â Taking every signal is not a path to profit; itâs a shortcut to losses.
2. â Not Using a Stop Loss â The market moves faster than your expectations. Always set a stop loss.
3. â FOMO (Fear of Missing Out) â Jumping into a coin just because itâs pumping? Bad idea. Enter only after proper analysis.
4. â No Plan, No Strategy â Trading without a clear strategy is not trading â itâs gambling.
5. â High Leverage â Using 50x or 100x leverage without experience is a direct ticket to liquidation.
đŻ Tip: Always trade with analysis, manage your risk, and control your emotions.
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đŹ What was the first trading mistake you made? Share in the comments!
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