#TradingMistakes101
Trading mistakes often stem from emotional decisions, lack of planning, or poor risk management. Common errors include overtrading, ignoring stop-loss orders, and chasing losses. Many traders also fail to do proper research or rely too heavily on tips. Impatience and fear of missing out (FOMO) can lead to buying at peaks or selling too early. Without a disciplined strategy and continuous learning, even experienced traders can suffer losses. Keeping emotions in check, setting clear goals, and sticking to a trading plan are essential to avoid these pitfalls and achieve long-term success in trading.