#TradingMistakes101
When I first started trading, I fell into the classic trap: emotional trading. I’d enter trades out of FOMO and exit out of fear, completely ignoring my strategy. One bad trade led to revenge trading, and before I knew it, my losses snowballed.
What I learned:
• Always trade with a plan. No plan = gambling.
• Risk management is everything. Never risk more than you can afford to lose.
• Emotions are the enemy of consistency. Master your mindset before the market masters you.
Advice to new traders:
1. Journal every trade—wins and losses. You’ll learn more from your mistakes than your victories.
2. Start small. Protect your capital while you build experience.
3. Learn continuously. The market is always evolving.
Mistakes taught me discipline, patience, and the value of long-term thinking.