#TradingMistakes101 Here's your crash course in #TradingMistakes101 — a practical guide to recognizing and avoiding the most common pitfalls that traders (especially beginners) make in financial markets:
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⚠️ #TradingMistakes101 – The Top 10 You Must Avoid
1. No Trading Plan
> ❌ Trading by emotion, vibes, or TikTok “signals”?
✅ Always define: entry, stop-loss, profit target, and risk per trade.
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2. Overleveraging
> ❌ Using 50x leverage thinking you'll "get rich quick."
✅ Use low, controlled leverage (or none at all) until you truly understand risk.
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3. Ignoring Risk Management
> ❌ Betting half your account on one “sure thing.”
✅ Never risk more than 1–2% of your capital per trade.
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4. Revenge Trading
> ❌ You lost a trade. Now you're emotional and trying to "get it back."
✅ Step away. Reset. Emotional trading = account killer.
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5. Chasing Price
> ❌ FOMO into pumps and “green candles” too late.
✅ Let price come to you. Missed a move?