#TradingMistakes101 #TradingMistakes101 Trading_Errors_101 – Common Mistakes and How to Avoid Them**

Trading can be profitable, but even professional traders make mistakes. Here are the most common trading mistakes and how to fix them:

### **1. Lack of a Trading Plan**

❌ **Mistake:** Entering trades without a clear strategy.

✅ **Fix:** Set entry and exit rules, risk tolerance, and goals before trading.

### **2. Overuse of Leverage**

❌ **Mistake:** Using high leverage leads to capital loss.

✅ **Fix:** Do not risk more than 1-2% of your capital on a single trade.

### **3. Revenge Trading (Seeking Revenge on the Market)**

❌ **Mistake:** Trying to recover losses with random quick trades.

✅ **Fix:** Take a break after consecutive losses, and stick to your plan.