#TradingMistakes101 highlights common pitfalls that derail both new and experienced traders. One major error is trading without a clear plan or strategy, leading to emotional decisions driven by fear or greed. Overleveraging can amplify losses, while ignoring risk management exposes traders to unnecessary danger. Many chase pumps or enter trades based on hype rather than analysis, often buying high and selling low. Failing to use stop-loss orders or not reviewing past trades for improvement are also critical mistakes. Consistency, discipline, and continuous learning are key. Recognizing and avoiding these mistakes is essential to becoming a successful and resilient trader over time.