#TradingMistakes101

One of the most important lessons I learned in my early days is the difference between a market order and a limit order.

On one occasion, I used a market order during a time of high volatility, and the trade was executed at a price far from what I expected, resulting in a loss I was not prepared for.

After this experience, I started to primarily use limit orders because they give me full control over the price.

Also, stop-loss orders have helped me protect my capital from unexpected fluctuations.

My advice to every beginner:

Do not start trading until you fully understand how these orders work.