#TradingMistakes101
Trading Mistakes 101 ๐จ (Simple English)
1. No Plan ๐บ๏ธ โ Youโre trading without a clear idea of what to do.
2. Too Many Trades ๐ โ Youโre trading too often and taking too much risk.
3. Letting Emotions Take Over ๐ฑ๐ก โ Fear and greed can mess up your decisions.
4. Not Managing Risk ๐ฒ๐ธ โ Youโre risking too much money on one trade.
5. Jumping In Too Late ๐โโ๏ธ๐ โ Buying or selling after the big move is already done.
6. Not Learning Enough ๐โ โ Trading without understanding how it works.
7. Not Keeping Track ๐๐ โ You donโt write down or review your past trades.
8. Expecting Fast Money ๐๐ โ Thinking youโll get rich quickly, which is unrealistic.
โ How to Get Better:
Make a plan ๐, protect your money ๐ก๏ธ, stay calm ๐ง , keep learning ๐, and track your progress ๐.