The hashtag #TradingMistakes101 is often used on social media to highlight common trading mistakes that beginners (and sometimes even professionals) make, aiming to learn and avoid repeating them. Here is a list of the most important mistakes that can be included under this hashtag, whether you want to share them in your posts or include them in educational content:
🔻 Most common mistakes traders make under the hashtag #TradingMistakes101:
1. Lack of a clear trading plan
• Entering and exiting trades randomly without a plan.
2. Not using stop loss (Stop Loss)
• Leaving a trade open in the hope that the price will return, which can lead to substantial losses.
3. Risking a large capital on a single trade
• Opening a relatively large trade without considering the account size.
4. Greed and fear
• Greed for larger profits leads to delayed closing, while fear leads to early exit.
5. Chasing the market
• Entering after a strong movement without waiting for a correction or confirmation.
6. Trading without analysis or just based on rumors
• Relying on unreliable recommendations or unstudied news.
7. Overtrading
• Opening a large number of trades without strong reasons or clear signals.
8. Not distinguishing between technical and fundamental analysis
• Mixing tools or completely ignoring one side.
9. Adjusting losing trades without logical reason
• Doubling down on losing trades without a clear plan or accurate risk assessment.
10. Over-reliance on indicators
• Using a large number of indicators creates confusion instead of clarity.