#TradingMistakes101 Trading can be rewarding, but common mistakes often lead to losses. One major error is trading without a clear plan or strategy. Many traders let emotions like fear and greed dictate decisions, leading to impulsive moves. Overleveraging is another big mistake—using borrowed funds can magnify losses. Ignoring risk management, such as not setting stop-losses, can wipe out capital quickly. Chasing the market or trying to time tops and bottoms rarely works. Failing to stay informed or not adapting to market changes also hurts performance. Lastly, trading too frequently can rack up fees and increase exposure to risk. Always educate yourself, stick to a plan, and stay disciplined. Learning from these mistakes can improve your odds of success.