1️⃣ $Chasing Breakouts Instead of Waiting for Confirmation
Many traders buy right at resistance (like the dashed line in the image).
Price often wicks above resistance, triggers FOMO entries, then reverses.
➡️ Smart money sells where retail buys.
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2️⃣ No Clear Trading Plan
Common mistakes:
No defined entry
No stop loss
No target
Trading becomes emotional instead of mechanical.
3️⃣ Poor Risk Management
Even a good strategy fails if:
Risk per trade is too high
Position size is incorrect
Losses aren’t cut quickly
📉 One bad trade can wipe out several winners.
4️⃣ Emotional Trading (FOMO & Revenge)
Entering late after big candles
Overtrading after a loss
Moving stop losses
Markets punish emotional decisions.
5️⃣ Misreading Candlesticks
That image shows:
Multiple rejection wicks
Weak follow-through
Final bullish candle that traps late sellers or buyers
Without context (trend, volume, structure), candles mislead.
6️⃣ Trading Against the Higher-Timeframe Trend
Lower-timeframe signals fail when they go against:
Daily / Weekly trend
Major support & resistance
Trend alignment matters more than patterns.
7️⃣ Expecting Every Trade to Win
Losses are part of trading.
Profitable traders focus on:
Probability
Consistency
Execution, not prediction
Bottom Line
💡 Traders don’t lose because the market is random — they lose because they trade without structure, patience, and risk control.
If you want, I can:
Break this image down candle by candle
Turn this into a short educational post
Or apply it directly to a BTC / altcoin chart example using your preferred analysis style 📊
