🔍Brief Evaluation #TradingMistakes101
1. Lack of Research (FOMO/FUD)
➤ Mistake: Buying/selling out of panic or euphoria.
➤ Solution: Analyze first, don’t just follow.
2. Overtrading
➤ Mistake: Opening and closing positions too frequently.
➤ Solution: Be disciplined with your trading plan.
3. No Risk Management
➤ Mistake: Not using stop-loss or profit targets.
➤ Solution: Use a risk/reward strategy.
4. Excessive Leverage
➤ Mistake: Using high margin without understanding the risks.
➤ Solution: Use leverage wisely.
5. Ignoring Trading Psychology
➤ Mistake: Making decisions based on emotions.
➤ Solution: Control your emotions, don’t be impulsive.
6. Not Learning from Mistakes
➤ Mistake: Repeating mistakes due to lack of evaluation.
➤ Solution: Keep a trading journal and evaluate regularly.
7. Relying Solely on Signals
➤ Mistake: Following signals without analysis.
➤ Solution: Treat signals as references, not the main guideline.
🔚 Conclusion
Trading is about discipline, not instinct.
Recognize mistakes, improve strategies, and enhance self-control.