#TradingMistakes101

#TradingMistakes101 One common trading mistake is letting emotions drive decisions. I once bought a stock impulsively after seeing it surge in the morning, fearing I’d miss out. Without researching its fundamentals, I ignored warning signs and market volatility. The stock plummeted by the afternoon, and I panicked, selling at a loss. This experience taught me the importance of discipline, thorough analysis, and sticking to a strategy. Trading based on hype or fear often leads to poor outcomes. Now, I set clear entry and exit points and follow them diligently, understanding that patience and planning are key to long-term success in trading.