#TradingMistakes101
**Avoid These Common Trading Mistakes to Succeed**
Trading can be profitable, but many beginners fall into costly traps. One of the biggest mistakes is letting **emotions drive decisions**. Fear and greed lead to impulsive trades, causing losses. Stick to a strategy and avoid revenge trading or FOMO (fear of missing out).
Another critical error is **poor risk management**. Never risk more than you can afford to lose. Use stop-loss orders, diversify your trades, and avoid overleveraging. A single bad trade shouldn’t wipe out your account.
**Key Tips for New Traders:**
1. **Learn First** – Master basics like candlestick patterns and technical indicators.
2. **Start Small** – Trade with minimal capital until you gain confidence.
3. **Stay Disciplined** – Follow your plan, not your emotions.
4. **Track Progress** – Keep a trading journal to analyze mistakes and improve.
Trading is a skill that takes time to develop. Patience, discipline, and continuous learning are the keys to long-term success. Avoid these common pitfalls, and you’ll be on the right path.
