Trading may seem tempting and easy from the outside, but common mistakes can cost traders a lot. Some of the most notable mistakes include trading without a clear plan, not using stop-loss orders, and following emotions instead of analysis. Rushing into decisions and overconfidence after a winning trade can lead to significant losses. Additionally, ignoring capital management and failing to learn continuously from past mistakes weakens the chances of success. The goal is to raise awareness among new and professional traders about these pitfalls, and encourage them to trade consciously and disciplined to achieve better results in the long run. Learning from mistakes is the key to success.