#TradingMistakes101

Common Trading Mistakes for Beginners:

1. Random Trading: Entering trades without a clear plan leads to repeated losses. It is better to establish a strategy and predefine entry and exit points.

2. Neglecting Risk Management: Do not risk more than 1 to 2 percent of your capital on a single trade. Using a stop-loss order is essential to protect the account.

3. Trading with Emotions: Such as fear or greed, which causes wrong decisions. It is better to stick to the plan and avoid emotional reactions.

4. Overusing Leverage: Leverage can multiply profits but it also multiplies losses. Therefore, caution is advised when using it, especially for beginners.

5. Neglecting Learning: The market is constantly changing, and not keeping up with news or analyses reduces the chances of success. Skills should be developed continuously.

6. Ignoring Liquidity: Assets with low liquidity are difficult to sell when needed. It is preferable to choose assets with high trading volume.

Success in trading requires patience and discipline. Avoid these mistakes to improve over time.