#TradingMistakes101
Chasing the market is a trap that many traders fall into. When prices soar, the temptation to jump in due to fear of missing out (FOMO) is very strong. However, entering trades late often leads to buying at the peak or selling at the bottom, resulting in losses. Instead, wait for confirmation signals or adjustments to enter at better price levels. Patience is crucial in trading—stick to your strategy and avoid impulsive moves.