#TradingMistakes101 Avoid These Rookie Errors! 🚨
Whether you’re new to the charts or grinding daily candles, these mistakes can wreck your portfolio. Here's what to watch out for:
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1️⃣ Trading Without a Plan
No entry/exit rules? No stop-loss? You’re not trading—you’re gambling. 📉
2️⃣ Letting Emotions Run the Show
Fear cuts your wins. Greed deepens your losses. Master your mindset = master the market. 🧠
3️⃣ Ignoring Risk Management
Overleveraging = account killer. Risk only what you can afford to lose. 💣
4️⃣ Chasing Hype & Tips
That “sure win” from Twitter or Telegram? Likely a pump & dump. DYOR always! 📱
5️⃣ Moving Stop-Losses Mid-Trade
Stop shifting the goalpost. Set your risk and respect it. 🎯
6️⃣ Overtrading for Quick Gains
More trades ≠ more profits. Be selective. Quality > Quantity. 🔍
7️⃣ No Trading Journal
How will you grow if you don’t track your trades? Reflect. Improve. Repeat. 📒
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🔥 Pro Tips: ✅ Define your plan
✅ Use stop-loss & position sizing
✅ Journal every trade
✅ Focus on consistency, not luck
✅ Trade your style—not someone else’s hype
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Your capital is your business. Protect it like your future depends on it—because it does.
💬 What mistake have you made before? Drop it in the comments and let’s grow together.