#TradingMistakes101 Trading mistakes often stem from emotion-driven decisions and lack of discipline. Common errors include overtrading, ignoring risk management, and failing to set stop-loss orders. Many traders chase losses or enter positions without a clear strategy. Overleveraging amplifies risks, while neglecting market research leads to poor timing. Relying on rumors instead of analysis can cause impulsive trades. FOMO (fear of missing out) and panic selling during downturns are typical psychological traps. Beginners often overlook fees and slippage, impacting profits. Successful trading requires patience, consistency, and continuous learning. Avoiding these pitfalls can greatly improve long-term performance and financial outcomes.
