#TradingMistakes101

Trading can be rewarding, but beginners often make costly mistakes. One common error is trading without a clear plan or risk management strategy. Emotional decisions, like panic selling or greedy buying, can lead to major losses. Ignoring market research or blindly following tips without understanding the asset is another frequent pitfall. Overtrading, especially after a loss, often worsens the situation. Many traders also fail to set stop-loss orders, risking their entire capital. Consistent success requires patience, discipline, and continuous learning. Avoid these mistakes to protect your investment and grow as a trader. Trade smart, not emotionally.