#TradingMistakes101 – Common Trading Mistakes and How to Avoid Them
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❌ 1. Trading Without a Plan
Entering and exiting trades based on emotions or rumors.
✅ Solution: Create a clear plan (strategy, goals, stop loss) and stick to it.
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❌ 2. Not Managing Risk
Investing large amounts in a single trade.
✅ Solution: Do not risk more than 1-2% of your capital on a single trade.
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❌ 3. Buying at the Peak (FOMO)
Fear of missing out drives you to buy after a significant rise.
✅ Solution: Wait for corrections and study price action carefully.
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❌ 4. Overtrading
Opening a large number of trades in a short period without strong reasons.
✅ Solution: Choose only high-probability trades.