I believe that so many traders have made certain mistakes that they wished they could go back in time to correct. Well mine was actually following advice from friends who posed as experts without doing my own research.
A friend would say "Buy this coin now coz it is going to pump in days or months to come" and without even thinking I would just rush to buy the coin- no research, no planning, no strategy, nothing at all.
Here are the lessons I learnt
1) Don't blindly trust signals, take your time to access and verify it.
2) Do your own research(DYOR), coz it gives you confidence and control.
3) FOMO and panic selling are dangerous. Rather be patient and disciplined.
4) And lastly, Don't Invest more than you can afford to loose.
So bad honestly all of this mistakes tend to happen but how we face them is what gives us confidence over it and in life each failure is an avenue for growth and reproductiveness.so when I make mistakes in trading I don't panic but rather I go back tracing the reason why it happened and opt in for ways to correct them.Sometimes it's good to take advices from friends but definitely not on all occasion.