#TradingMistakes101 📉 #TradingMistakes101: Common mistakes every trader should avoid

Starting in trading can be exciting… and dangerous if you don't avoid the most common mistakes. Here are the classic failures that hinder the growth of many traders:

1. ❌ Not having a plan

Entering the market without a strategy is like sailing without a map. Define objectives, entry/exit levels, and risks.

2. 🤯 Letting emotions take over

Fear and greed are a trader's enemies. Impulsive decisions often come at a high cost.

3. 📈 Overtrading

Trading out of boredom or anxiety can destroy your account. Less is more.

4. 🕵️‍♂️ Not using stop-loss

Protecting yourself from downside is just as important as seeking profits.

5. 📚 Not learning from mistakes

Not documenting your trades and results condemns you to repeat failures.

💡 Tip: keep a trading journal and review your decisions with a cool head.