#TradingMistakes101 Trading mistakes can be costly, but learning from them is key to becoming a successful trader. Here are some common pitfalls to avoid in futures trading:

• Trading without a plan - Jumping into trades without a clear strategy can lead to impulsive decisions and unnecessary

losses 1.

• Misunderstanding leverage - Using excessive leverage without fully grasping the risks can result in significant losses 1.

• Ignoring margin requirements - Not understanding margin requirements can leave traders vulnerable to

unexpected losses

1

• Letting emotions take over - Fear and greed can cloud judgment, leading to poor decision-making 2.

• Overtrading - Taking excessive risks in pursuit of higher returns can quietly erode profits