The Worst Trading Advice I Ever Got

Every trader has heard it—that one piece of terrible advice that almost cost them big. Mine? "Buy the dip no matter what" without any risk management strategy. Turns out, not every dip is a buying opportunity, and averaging down on a losing position can drain your entire portfolio.

I've learned that the worst trading advice usually sounds the best on the surface: chase quick gains, never use stop losses, follow celebrity shillers blindly, or go all-in on a single coin because "everyone's talking about it." These shortcuts might feel profitable in a bull run, but they're recipe for disaster when the market turns.

What's the worst trading advice you've received? Drop your story—sometimes the best lessons come from other people's mistakes.