#TradingMistakes101
🚨 Trading Mistake #101: Ignoring Risk Management 🚨**
One of the biggest mistakes traders make is neglecting proper risk management. Many enter trades without setting stop-losses, risking way more than they can afford to lose. Others revenge-trade after a loss, digging deeper into losses.
**Why it hurts:**
- Wipes out accounts fast
- Leads to emotional trading
- Kills long-term profitability
**Fix it:**
✔ Never risk more than 1-2% per trade
✔ Always use stop-loss orders
✔ Stick to your trading plan, no matter what
Small losses are part of the game—blowups don’t have to be.
#TradingMistake101 #RiskManagement #TradeSmarter