#TradingMistakes101
๐ #TradingMistakes101
Every trader has made mistakes. The key is to learn from them. Here are some of the most common trading pitfalls โ and how to avoid them:
Overtrading โ More trades โ more profit. Quality > quantity.
Revenge Trading โ Lost a trade? Donโt jump back in emotionally. Wait. Think.
Ignoring Stop-Losses โ Protect your capital. Always use a stop.
Lack of a Trading Plan โ If you fail to plan, youโre planning to fail.
Chasing the Market โ FOMO is real. Stay disciplined and stick to your strategy.
Risking Too Much โ Donโt bet the farm. Use proper risk management (1-2% rule).
Not Keeping Records โ Track trades. Study them. Grow.
๐ง Trading is 80% psychology. Master your mind, and the charts will follow.
๐ฌ What mistake cost you the most? Drop it below and let others learn from it too.
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