#TradingMistakes101 Trading Mistake 101 emphasizes the importance of emotional control in trading. Many traders let fear and greed dictate their decisions, leading to impulsive actions and significant losses. This mistake often manifests as overtrading, chasing losses, or deviating from a well-defined trading plan. Successful traders prioritize discipline, sticking to their strategies and risk management rules. They understand that losses are part of the trading journey and focus on long-term growth rather than short-term gains. By cultivating a calm mindset and maintaining objectivity, traders can avoid common pitfalls and improve their overall performance in the markets.