#TradingMistakes101
Every trader, new or seasoned, makes mistakes—but learning from them is key. One major error is trading without a plan—jumping in emotionally rather than strategically. Overleveraging can quickly wipe out an account, especially in volatile markets. Many ignore risk management, failing to use stop-loss orders or risking too much on one trade. Chasing pumps or FOMO trading often leads to losses. Another pitfall: not keeping a trading journal, which prevents learning from past errors. Relying solely on others’ calls instead of doing your own analysis is risky. Stay disciplined, learn continuously, and always control your emotions.