#TradingMistakes101
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Weāve all been thereāstaring at the chart, confident in the trade, and then... š„ your position goes the wrong way. Trading mistakes are part of the journey, but learning from them is what separates a gambler from a strategist.
One of the biggest mistakes Iāve seen (and made!) is trading without a plan. Jumping into a position based on FOMO or hype, without clear entry/exit points or risk management, is a fast track to losses. š
Another common pitfall? Over-leveraging. Just because you can use 20x leverage doesnāt mean you should. High leverage amplifies both gains and lossesāuse it wisely or risk liquidation.
And letās not forget ignoring stop-losses. Hoping the market ācomes backā often leads to deeper losses. Protect your capitalāitās your #1 trading asset.
Whatās the biggest trading mistake youāve made or learned from? Share it below so others donāt fall into the same trap. Letās grow smarter together. š”š