đš New Traders, Read This Before You Blow Your Account đš
If youâre just starting out, the difference between growing your portfolio and draining it comes down to avoiding these 3 deadly mistakes:
1. Chasing Green Candles
See a coin mooning and feel the urge to jump in? Thatâs FOMO talking â and it usually ends with you holding the bag. Be patient. Buy dips, not hype.
2. Trading Without a Plan
Guessing your entries and exits is gambling, not trading. Always have a game plan: Entry â Stop Loss â Take Profit â . Discipline beats emotion every time.
3. Overtrading Every Move
Trying to catch every single pump will wreck your focus and your balance. Quality > Quantity. The best traders wait for A+ setups, not constant action.
đ Master your mindset.
đ Stick to your strategy.
đ Protect your capital like your life depends on it.
Avoid these mistakes, and youâll be miles ahead of most beginners.