#TradingMistakes101 Avoid these common trading pitfalls! 🚨

• No Plan: Don't trade on a whim. Develop a clear strategy with entry/exit points and risk management before every trade.

• Emotional Decisions: Fear and greed are your enemies. Stick to your plan, avoid revenge trading, and don't chase losses.

• Ignoring Risk: Always set stop-loss orders. Know your risk-reward ratio and never over-leverage. Capital preservation is key.

• Lack of Research: Understand what you're trading. Don't rely on hype; do your due diligence on market fundamentals and technicals.

• Overtrading: Quality over quantity. Don't jump into too many trades too soon. Patience is a virtue in trading.

Learn from mistakes to build discipline! #TradingMistakes101