#TradingMistakes101
5 Common Mistakes Beginners Make in Scalping
1. Overtrading
Many beginners take too many trades in a short time, leading to emotional decisions and unnecessary losses.
2. Ignoring a Trading Plan
Scalping without a clear strategy, such as entry/exit rules and stop-loss placement, often results in confusion and poor outcomes.
3. Using High Leverage
Beginners may be tempted by high leverage, but it increases risk and can quickly wipe out capital in fast-moving markets.
4. Chasing the Market
Entering trades too late out of fear of missing out (FOMO) often leads to losses. Patience and discipline are essential.
5. Neglecting Fees
Frequent trades mean higher costs. Ignoring trading and withdrawal fees can eat up small profits and reduce long-term gains.
