#TradingMistakes101 highlights common pitfalls new traders often encounter. A primary error is **lack of a defined strategy**; trading without clear entry, exit, and risk rules leads to impulsive decisions. **Poor risk management** is another huge mistake, risking too much capital on single trades or failing to use stop-losses, often leading to significant losses.

**Emotional trading** – driven by fear, greed, or FOMO (Fear Of Missing Out) – overrides logic and discipline. **Overtrading** (trading too frequently) and **overleveraging** (using too much borrowed capital) amplify both wins and losses unsustainably. Lastly, **failing to learn from mistakes** and abandoning a strategy prematurely are detrimental to long-term success.