MISTAKES TO AVOID AS A TRADER ā ESPECIALLY BEGINNERS āššØ
New to the game? Donāt get wrecked.
Here are the top mistakes that kill accounts early ā and how to dodge them like a sniper:
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1. Trading Without a Strategy šÆā
You're not gambling ā you're executing a plan.
No setup = No entry.
Solution: Pick ONE strategy. Master it before trying others.
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2. Risking Too Much on One Trade š„šø
All in? 50x leverage? Thatās how dreams die fast.
Solution: Risk max 2ā3%. Grow slow, grow strong.
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3. No Stop-Loss Mentality šš
Thinking youāll āmonitor the tradeā is a trap.
Solution: Always place a stop. Before the trade, not after.
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4. FOMO Entries on Green Candles šā”ļøš±
Chasing pumps = entering at the top.
Solution: Let price come to your zone. Patience is power.
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5. Revenge Trading After Losses š¤š³ļø
Trying to āwin it backā never ends well.
Solution: Walk away. Journal the loss. Trade with a clear head.
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6. Trading Every Hour of the Day š§āāļøš
Market is open 24/7. Your brain isnāt.
Solution: Create a trading schedule. Focus on quality sessions.
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7. Ignoring the Journal šš«
How will you grow if you donāt know whatās working?
Solution: Track entries, setups, mistakes, and emotions. Learn faster.
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Every pro was once a beginner ā but not every beginner becomes a pro.
Avoid these traps and youāll fast-track your success.
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