⭐ 3 Common Trading Mistakes Beginners Make (And How to Fix Them)
Many beginners lose money not because the market is too complex, but because they repeat a few simple mistakes over and over again. The first mistake is entering trades without a clear plan. If you don’t define your entry, stop loss, and target before opening a position, your emotions will control your decisions. The market moves fast — and without a plan, impulsive actions become unavoidable. Remember this rule: never enter a trade you haven’t prepared for.
The second mistake beginners make is using oversized positions. Many new traders risk a large portion of their balance in one trade, hoping for quick profits. But this only increases pressure and leads to bigger losses. Professional traders keep their risk small — usually 1–5% per trade — so that even a losing trade doesn’t affect their mindset or their account. Controlled risk is the foundation of long-term survival.
The third mistake is chasing pumps. When a coin suddenly surges, beginners jump in out of excitement or fear of missing out. But most pumps lose momentum quickly, often reversing just as fast. Instead of chasing, wait for a pullback or a clean confirmation. Avoiding FOMO is one of the easiest ways to protect your capital and improve your results.
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