#TradingMistakes101

1. *Overtrading*: Excessive buying and selling can lead to increased costs and reduced profits.

2. *Emotional Trading*: Making decisions based on emotions, such as fear or greed, can result in impulsive and costly mistakes.

3. *Insufficient Research*: Failing to thoroughly research and understand a market or asset can lead to poor investment decisions.

4. *Poor Risk Management*: Failing to set stop-losses, limit positions, or manage risk can result in significant losses.

5. *Chasing Losses*: Trying to recoup losses by taking on more risk can lead to further financial damage.

To minimize mistakes, consider:

1. Developing a trading plan

2. Setting clear goals and risk tolerance

3. Staying informed but avoiding emotional decisions

4. Continuously learning and improving your trading skills