If you are new to the market, stop and read this article carefully! Avoiding the 3 mistakes below will not only help you hold onto your precious capital but also pave the way for big profits in the future.
FOMO and Jumping In When the Green Candle is Burning
Have you ever seen a coin surge and immediately jumped in to buy?
That is the FOMO syndrome – fear of missing out. But often right after the "pump" comes a strong "dump" that causes you to suffer heavy losses.
👉 Advice: Don't chase emotions. Be patient and wait to buy when the price corrects (buy the dip), rather than when the whole market is excited.
Unplanned Trading
If you enter a trade just because it "feels right" or because others are talking about it — then that's a recipe for failure.
Professional trading does not rely on emotions. There must be a clear plan:
Entry (Stop Loss )Target (
👉 Advice: Always adhere to discipline and plans. Never trade based on emotions.
Overtrading – Jumping into Every Wave
Are you trying to catch every pump, every upward wave?
As a result, you become exhausted, have mental disorders, and are prone to making mistakes.
Not every order is worth entering. Continuous trading does not help you get rich quickly, but often just makes you lose faster.
👉 Advice: Focus only on high-quality opportunities. Selectivity and patience will yield more sustainable big profits.
✅ In summary:
Control your emotions, avoid FOMOAlways have a clear plan before tradingFocus on quality rather than quantity
The right mindset – The right strategy = A steadily growing account.
Don't let these 3 mistakes kill your wallet. Learn how to trade smartly — and let the profits come to you.
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
Dear New Traders: 3 Deadly Mistakes That Can "Blow Away" Your Profits
If you are new to the market, stop and read this article carefully! Avoiding the 3 mistakes below will not only help you hold onto your precious capital but also pave the way for big profits in the future.