#TradingMistakes101
*1. Lack of Planning:*
- Trading without a clear strategy or plan.
*2. Emotional Trading:*
- Making decisions based on emotions rather than logic.
*3. Overtrading:*
- Excessive buying and selling, leading to increased costs.
*4. Insufficient Risk Management:*
- Failing to set stop-losses or manage position sizes.
*5. Chasing Losses:*
- Trying to recoup losses by taking bigger risks.
*6. Ignoring Market Analysis:*
- Not staying informed about market trends and news.
*7. Overleverage:*
- Trading with too much borrowed capital, amplifying risks.
*8. Lack of Patience:*
- Expecting quick profits without waiting for trading setups.
*9. Not Adapting:*
- Failing to adjust strategies based on changing market conditions.
*10. Poor Record-Keeping:*
- Not tracking trades and performance.
Avoiding these mistakes can help improve your trading discipline and performance.