#TradingMistakes101 Trading can be profitable, but many traders (especially beginners) make mistakes that are costly. Here are the most common ones:
✓ Not using stop-loss: Not protecting your capital is an unnecessary risk. The market is unpredictable; a stop-loss saves you from devastating losses.
√ Overtrading: Trading out of anxiety or boredom, without a clear strategy, only generates commissions and losses. Less is more.
✓ Ignoring risk/reward: Entering a trade without defining a target and a loss limit is like betting blindly.
✓ Letting emotions decide: Fear and greed are your worst enemies. If you don't follow your plan, trading becomes roulette.
* Conclusion: Analyze your mistakes, maintain discipline, and stick to your strategy. Trading is not luck; it's psychology and risk management!