#TradingMistakes101 🔴👉🔴One of the biggest trading mistakes I made early on was letting emotions drive my decisions. I often chased quick profits by entering trades impulsively, especially during volatile market movements. This led to overtrading and holding losing positions for too long, hoping the market would turn in my favor. I also neglected proper risk management, risking too much on single trades without setting stop losses. These mistakes resulted in significant losses and frustration.

From these experiences, I learned that discipline and a well-defined trading plan are crucial. Successful trading isn’t about chasing every opportunity but about patience, strategy, and managing risk effectively. Setting clear entry and exit points, using stop losses, and sticking to your plan regardless of emotions can protect your capital and improve consistency.

My advice to new traders is to focus on education and practice before risking real money. Use demo accounts to test strategies and always prioritize risk management—never risk more than you can afford to lose. Remember, losses are part of trading, but how you manage them defines your long-term success. Stay disciplined, keep learning, and trade with a clear mind.🚀👍