#SouthKoreaCryptoPolicy #TradingMistakes101 Trading_Mistakes_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. Overleveraging**
❌ **Mistake:** Using high leverage leads to capital loss.
✅ **Fix:** Don’t risk more than 1-2% of your capital on a single trade.
### **3. Revenge Trading**
❌ **Mistake:** Trying to recover losses with random quick trades.
✅ **Fix:** Take a break after consecutive losses and stick to your plan.