#TradingMistakes101 The biggest mistakes new traders make! 🔻$PEPE
In the trading world, a small mistake can cost you a lot! One of the most common mistakes new traders make is trading without a clear plan or based solely on emotions. Some enter a trade due to a "feeling" or a recommendation from a friend without analysis or risk management.
📉 Additionally, not using a Stop Loss exposes the account to significant losses, especially in volatile markets.
📊 Common mistakes also include over-leveraging in hopes of quick profits, which can turn potential gains into severe losses in moments!
💡 Remember: successful trading does not mean constant profit, but rather reducing losses and making decisions based on careful analysis.
✅ Take your time to learn, stick to a plan, and do not let greed and fear control you.
Have you ever fallen into one of these mistakes? Share your experience with us! 👇