#TradingMistakes101

10 most common mistakes made by traders (to avoid immediately)

Many traders lose money not because of the market, but because of their own mistakes. One of the gravest is trading without a precise plan, opening positions "randomly" or following instinct. Another frequent mistake is emotional trading: fear and greed lead to selling too early or holding onto losses too long. There are also those who ignore risk, using excessive leverage or forgetting to set a stop-loss.

Overtrading is also dangerous: opening too many trades leads to stress and unnecessary losses. Additionally, blindly relying on automatic signals or copying other traders without understanding the context is risky.

Many also overlook the importance of education: without a good understanding of the market, it's easy to fall into traps.

Finally, not considering taxes and commissions can wipe out profits. To become a solid trader, one needs: discipline, study, risk management, and emotional control.