#TradingMistakes101 Here are some common trading mistakes to avoid:

1. *Lack of Planning*: Trading without a clear strategy or plan can lead to impulsive decisions and losses.

2. *Emotional Trading*: Allowing emotions like fear, greed, or anxiety to drive trading decisions can result in poor choices.

3. *Insufficient Risk Management*: Failing to set stop-losses, position sizing, or risking too much capital can lead to significant losses.

4. *Overtrading*: Excessive buying and selling can result in increased fees, reduced returns, and mental fatigue.

5. *Chasing Losses*: Trying to recoup losses by making impulsive trades can lead to further losses.

6. *Ignoring Market Analysis*: Failing to stay informed about market trends, news, and analysis can lead to uninformed trading decisions.

7. *Not Adapting to Changing Market Conditions*: Failing to adjust strategies according to changing market conditions can result in losses.

8. *Overreliance on Tips or Rumors*: Basing trading decisions on unverified tips or rumors can lead to poor outcomes.

9. *Lack of Discipline*: Failing to stick to a trading plan or strategy can result in inconsistent performance.

10. *Not Learning from Mistakes*: Failing to analyze and learn from trading mistakes can lead to repeated errors.

By being aware of these common mistakes, traders can take steps to avoid them and improve their trading performance.