We all make mistakes while trading, and that’s perfectly fine as long as you don’t fall into the same mind traps again and again. Stop giving into these trading sins and watch your trading improve overnight.
- Impatience - Closing the deal too early, missing the potential profit.
- Emotionality - Letting your emotions overtake you.
- Naivety - Believing everything you read online.
- Pride - Trading against the trend, trying to outsmart the market.
- Obstinacy - Sticking to the losing strategy.
- Greed - Investing funds you cannot afford to lose.
- Boldness - Not using the analysis tools at your disposal.
Now that you know what to avoid when trading crypto, you can approach your deals in a more professional and efficient manner.