Follow: For speculators (traders):
8. Not diversifying
Putting all your capital in one currency exposes you to great risks. Diversify your investments.
9. Trading in unknown or low-liquid currencies
Unreliable or low-volume currencies may be subject to manipulation.
10. Ignoring fundamental news
Ignoring economic news or major announcements may lead to unexpected losses due to market volatility.
11. Ignoring fees
Monitor trading and withdrawal fees, especially when executing multiple trades.
12. Not learning from mistakes
Repeating the same mistakes without reviewing your performance and analyzing your mistakes leads to continuous losses.
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