#TradingMistakes101
## ⚠️ 6. **Entering with High Leverage**
> Leverage amplifies profits *and also losses*.
* Do not use high leverage unless you are a professional.
* Start without it, or use very low leverage (like 2x or 3x).
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## 🕓 7. **Overtrading**
* Frequent entries and exits from the market lead to losses due to fees and haste.
* Choose fewer but well-considered opportunities.
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## 🧠 8. **Ignoring Risk Management**
* Do not put more than 1–3% of your capital in a single trade.
* Do not invest all your capital in one currency no matter how "guaranteed" it seems.
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## 📊 9. **Chasing Pumps**
* Buying after a significant rise usually leads to losses during correction.
* Wait for corrections, and enter at support points, not peaks.
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## 🛑 10. **Not Learning from Mistakes**
* Record every trade: Why did you enter? What happened? Did you stick to your plan?
* Reviewing helps you develop and improve your strategy.
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### ✅ Summary:
| Do ✅ | Don’t ❌ |
| ------------------ | ------------------------- |
| Plan every trade | Don’t trade on emotion |
| Use stop loss | Don’t chase rising currencies |
| Learn analysis | Don’t enter with large capital |
| Monitor your performance | Don’t repeat the same mistakes |
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