Avoid emotional trading! #TradingMistakes101 Letting fear or greed dictate your decisions is a recipe for disaster. Don't chase losses – a cut loss is a lesson learned, not a failure. Similarly, don't overextend your wins, taking profits at strategic points. Proper risk management, including stop-loss orders, is crucial. Thorough research and a well-defined trading plan are your best defenses against impulsive, costly errors. Remember: patience and discipline are key to long-term success.