#TradingMistakes101 #TradingMistakes101
Avoiding common trading mistakes is key to long-term success. One major error is emotional trading—letting fear or greed drive decisions instead of strategy. Lack of a trading plan often leads to inconsistent results. Overleveraging increases risk and can quickly wipe out your funds. Many beginners also ignore risk management, failing to set stop-loss orders or risking too much per trade. Chasing hype without research or falling for "FOMO" can lead to poor entry points. Lastly, neglecting to track and review your trades hinders growth. Learn from mistakes, stay disciplined, and focus on steady improvement—not quick wins.