๐ #TradingMistakes101 โ Learn Before You Burn!
Even seasoned traders slip up. Here are 5 common mistakes that kill profits:
1๏ธโฃ No Plan โ Jumping in without entry/exit rules is gambling, not trading.
2๏ธโฃ Overtrading โ More trades โ more profit. Quality > Quantity.
3๏ธโฃ Ignoring Risk โ No stop-loss? Youโre risking everything.
4๏ธโฃ Revenge Trading โ Lost a trade? Donโt force another one out of anger.
5๏ธโฃ Chasing Trends โ If itโs already pumped, it might dump next.
๐ก Fix This: Journal your trades, stay disciplined, and protect your capital first โ profits follow smart risk management.