#TradingMistakes101 : A Guide to Avoiding Common Pitfalls 🤠

*Top Trading Mistakes to Avoid:

- Insufficient Research: Failing to research markets properly can lead to poor trading decisions.

Understand market volatility, trends and risks before opening a position.

- No Trading Plan: Trading without a plan can result in impulsive decisions.

Create a strategy, set goals and stick to it.

- Emotional Trading: Letting emotions dictate trading decisions can lead to losses.

Stay disciplined and patient.

- Inadequate Risk Management: Failing to cut losses or overexposing positions can wipe out profits.

Use stops and limits to manage risk.

- Over diversification: Spreading investments too thin can dilute potential gains.

Diversify wisely.

*Stay Informed, Stay Disciplined ..