#TradingMistakes101 Trading Mistakes 101 💸📉

Here’s a breakdown of the most common trading mistakes—whether you're in stocks, crypto, forex, or sports betting (yes, it applies there too):

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1. Lack of a Plan

“Failing to plan is planning to fail.”

No entry/exit strategy.

No risk/reward rules.

Acting on emotion instead of logic.

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2. Overleveraging

Using too much margin.

One bad move and you’re wiped out.

Greed often fuels this one.

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3. Revenge Trading

Trying to “win back” losses.

Leads to impulsive, irrational decisions.

Almost always ends worse.

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4. Ignoring Risk Management

Risking more than 1–2% of your account per trade = disaster.

No stop-loss = no safety net.

Small losses > blown accounts.

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5. Chasing the Market

FOMO buying at peaks.

Panic selling at dips.

Reacting instead of anticipating.

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6. No Journal or Data Review

Not tracking trades = not learning.

You can't fix what you don’t measure.

Treat trading like a business.

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7. Getting Greedy

Trying to double your account overnight.

Holding trades too long.

Profit isn't real until it's booked.

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8. Blindly Following Others

Copying signals without understanding why.

Twitter/Reddit/Youtube ≠ trading strategy.

Learn how to think, not what to buy.

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9. Trading Too Often (Overtrading)

Quality > quantity.

Every trade has opportunity cost.

Market isn't going anywhere.

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10. Not Adapting to Market Conditions

Strategies that work in a bull market might fail in a sideways market.

Stay flexible, not stubborn.