#TradingMistakes101 trading can be profitable, but many traders (especially beginners) fall into costly mistakes. Here are the most frequent ones:
❌ Not using stop-loss: Not protecting your capital is an unnecessary risk. The market is unpredictable; a stop-loss saves you from devastating losses.
❌ Overtrading: Trading out of anxiety or boredom, without a clear strategy, only generates commissions and losses. Less is more.
❌ Ignoring risk/reward: Entering a trade without defining a target and a loss limit is like betting blindly.
❌ Letting emotions decide: Fear and greed are your worst enemies. If you don’t follow your plan, trading becomes roulette.
💡 Conclusion: Analyze your mistakes, maintain discipline, and stick to your strategy. Trading is not luck; it's psychology and risk management!