#TradingMistakes101 !"
(Trading experience on the Binance platform)
In my early days with futures on Binance, I made mistakes that could jeopardize capital:
🔻 Trading driven by FOMO (fear of missing out)
🔻 Neglecting risk management
🔻 Relying on rumors without technical and fundamental analysis
🔻 Not placing stop-loss orders
But every mistake was an opportunity to learn:
✅ From losses: I discovered that discipline is the foundation of survival
✅ From volatility: I learned patience in waiting for confirmed opportunities
✅ From haste: I realized that protective tools (like Stop-Limit) are a necessity!
🛠️ Practical tips from my experience on Binance:
Test your strategies first on the demo simulation feature without risk.
Benefit from the free academy for courses like "Fundamentals of Technical Analysis."
Create a trading journal on the Binance app to track your mistakes and accomplishments.
✨ "Do not chase profit... build solid knowledge, and the profits will follow you."
⚠️ Reminder of basic policies:
"Futures involve high risks - you may lose your entire capital."
"This content is for educational purposes only and is not financial advice."
"Only invest what you can afford to lose."
🗣️ Share your experience:
«What mistake changed your trading approach?»
Join the discussion 👇 using the hashtag: