Many new traders make common mistakes that can be very costly. Some of the most notable mistakes include trading based on emotion rather than analysis, failing to set a clear plan, or using stop-loss orders.
Additionally, the pursuit of quick profits often leads to rash decisions, such as entering trades without research or following random recommendations on social media. Always remember that continuous learning and discipline are the keys to success in the markets.
📉 Don't let greed or fear take control of you. Be patient, learn from your mistakes, and document your experiences to improve over time.