#TradingMistakes101 One of the biggest mistakes new traders make is jumping into trading without a proper plan. I also made this mistake. When I first started trading, I followed the hype on social media and made impulsive decisions. I didn't manage my risk, didn't use stop losses, and didn't even analyze charts properly. This led to unnecessary losses and frustrations. Another common mistake is overtrading, trying to compensate for losses by entering more trades, which often worsens the situation. Trading requires patience, discipline, and strategy. It is not a gambling game. Learn from your losses, track your trades, and stick to consistency.