#TradingMistakes101 #TradingMistakes101 – Here's a breakdown of the most common mistakes traders make and how to avoid them:

🚫 1. Trading Without a Plan

Mistake: Jumping into trades without a clear strategy.

Fix: Create a trading plan with entry/exit rules, risk limits, and targets.

😰 2. Letting Emotions Drive Decisions

Mistake: Fear, greed, or FOMO (Fear of Missing Out) influencing trades.

Fix: Stick to your plan. Use automation or alerts to help stay disciplined.

📉 3. Risking Too Much on One Trade

Mistake: Going "all-in" or risking more than you can afford to lose.

Fix: Use proper position sizing. Follow the 1–2% rule (risking only 1–2% of capital per trade).

🕐 4. Overtrading

Mistake: Trading too frequently, especially during choppy markets.

Fix: Be selective. Quality over quantity.

🔍 5. Ignoring Research & Analysis

Mistake: Relying on tips or hype instead of your own research.

Fix: Do your homework. Use both technical and fundamental analysis.

🔄 6. Not Using Stop-Losses

Mistake: Holding losing trades too long, hoping they’ll recover.

Fix: Always set a stop-loss to protect your capital.

📈 7. Chasing the Market

Mistake: Jumping in after a big move, only to get caught in a reversal.

Fix: Be patient. Wait for pullbacks or confirmation signals.

🧠 8. Not Learning From Mistakes

Mistake: Repeating errors and not keeping track of trades.

Fix: Maintain a trading journal. Review it regularly.

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