🚨 3 mistakes that kill your wallet in the crypto market.. Stop doing them now! 💥
📉 Risk management is 90% of success in trading. If you are constantly losing, make sure you are making one of these fatal mistakes:
Excessive risk: Never risk more than 1% - 2% of your capital in a single trade. (Most professionals do not exceed this limit). Trading is a marathon, not a sprint. 🐢
Canceling Stop-Loss: Believing that the price "will definitely come back" is the most expensive lesson you pay for in the market. A Stop-Loss order is not a defeat; it is the security guard of your wallet. Stick to it!
Emotional trading (FOMO/FUD): Buying out of fear of missing out (FOMO) during a rise, and selling out of panic (FUD) during a drop. Plan your trade outside the market and stick to it.
Golden advice: Learn to leave some profit on the table, but never leave all your capital at risk.
What is the worst mistake you made at the beginning? Share your story so we can all learn from mistakes! 👇
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