Risk & safety
What are the biggest mistakes new crypto traders make?
Almost every account that ends badly ends the same way: position sizes that grew after wins, no exit rule, and trading again immediately after a loss. Token selection is far down the list. The failures are procedural, which is the good news, because procedures can be fixed in an afternoon.
The seven
- Sizing up after a win. The largest position arrives immediately before the losing streak.
- No stop loss. A small loss you did not take becomes the position you still hold.
- Revenge trading. The trade taken to recover a loss is sized by feeling, not by rule.
- Chasing green candles. Buying because it is moving means buying from the person who was right.
- Copying without filters. Copying a trader who takes forty trades a day means paying forty spreads a day.
- Ignoring liquidity. An unexitable position is not a position.
- Trading money that matters. Rent money makes every decision worse, and the decisions are the edge.
The pattern underneath
Every one of these is a decision made while a position is open. The fix is not discipline in the moment, it is moving decisions to before the position exists: a written size, a written stop, a written daily limit. Traders who last are not calmer, they simply left themselves fewer chances to be talked out of the plan.
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