There are a lot of "signal providers" talking moon and hold to others while they are leveraged and almost being liquidated. They tell them to hold to try to save themselves.

As a beginner in trading, it is essential to understand how to avoid losing money. Today, we will discuss two common mistakes that can cost you all your trading capital.

MISTAKE #1: NOT UNDERSTANDING RISK ANALYSIS

When trading, it is crucial to understand how to manage your risk. Risk analysis is a tool that helps you understand how to protect your capital. Without proper risk analysis, you are likely to lose money.

MISTAKE #2: CHOOSING THE WRONG SIGNAL PROVIDER

As a trader, it is vital to choose a reliable signal provider. A wrong signal provider can lead to significant losses. It is essential to understand how to select a reliable signal provider to avoid losing money.