#TradingMistakes101

Many traders make common mistakes when following the trend. The first is entering late, where they buy after a strong rise, increasing the risk of a correction. Secondly, over-reliance on indicators without considering the price structure or news. Thirdly, ignoring natural corrections, as some believe that any drop means the end of the trend.

Also, some traders overlook setting an appropriate stop loss, exposing them to significant losses. Other mistakes include: overconfidence during an uptrend and opening too many positions without proper capital management.

Success with the trend requires patience, a well-considered entry after confirming the direction, and smart use of support and resistance levels.

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Tip: Do not blindly follow the trend; instead, understand it and monitor it rationally.