#TradingMistakes101 One of the most common mistakes beginner traders make is jumping into the market without a clear strategy. Trading without a defined plan is like navigating without a course: eventually, you will end up lost. Another frequent mistake is not managing risk properly. Many new traders risk too much on a single trade, which can lead to significant losses. Additionally, getting carried away by emotions such as fear or greed can cloud judgment and lead to impulsive decisions. It is also common to overtrade, believing that more trades increase the chances of winning, when in reality this often leads to more losses. Finally, not accepting a loss in time can worsen it even more. To succeed in trading, it is essential to educate oneself, practice discipline, and maintain an objective and consistent mindset.