📉 Avoiding the Pitfalls: #TradingMistakes101 💡

Every trader, no matter how experienced, has made mistakes — but the key is learning from them. One of the most common errors is trading without a plan. Jumping into the market based on emotion or hype can lead to serious losses. 🚫

Another major mistake is not using stop-loss orders. Without them, a bad trade can wipe out gains or even your entire account. Overtrading, chasing losses, and ignoring risk management are also traps that catch many beginners. 😓

FOMO (Fear of Missing Out) can push traders into entering positions too late, while fear can cause premature exits during normal market corrections. Maintaining discipline and sticking to a strategy is what separates successful traders from the rest. 📊📈

Take the time to study charts, follow market trends, and most importantly — be patient. Great trades often come to those who wait. 🧠💼