#TradingMistakes101

If you are just starting to trade, here are some mistakes that beginners should avoid.

1. Trading "on a feeling without a plan." Always have a clear plan - when to enter, where to set a stop, when to exit with profit.

2. Taking large risks by placing 50% of your balance on one trade. Do not risk more than 1-2% at a time.

3. Emotions. Do not panic when the price drops, or greedily close profits. Trade calmly.

4. Not analyzing your mistakes. Losing and simply forgetting.

Is it better to start with a bot?

Yes, there are advantages - discipline, automation of routine processes (not sitting all day in front of the chart), learning through observation.

But there are also risks - a bot does not equal profit, you should at least understand what stop-loss and take-profit are, and how the market works.

And, the danger of buying a fraudulent bot🤔

It is better for a beginner to start with a demo or a minimal balance on a reliable platform.