Top 5 Mistakes of Beginner Traders:

1. Lack of Strategy

• Trading based on emotions or intuition without a clear plan often leads to losses.

2. Neglecting Risks

• Ignoring capital management rules (for example, risking more than 1-2% of the deposit per trade).

3. Overtrading

• The desire to always be in the market leads to unjustified trades.

4. Incorrect Use of Leverage

• Excessive leverage can quickly wipe out the deposit.

5. Ignoring Education and Analysis

• Lack of knowledge about the market and analysis leads to erroneous forecasts.

Success in trading requires discipline, patience, and constant learning.

#training @Binance Square Official