#TradingMistakes101 – Avoid Trading Mistakes 💡

Trading can be risky if certain mistakes are not avoided.

🚩 Common Mistakes:

1. Not having a plan – Lack of strategy leads to impulsive decisions.

2. Overusing leverage – Leverage amplifies gains, but also losses.

3. Blindly following trends – The market can be unpredictable, do your own research!

🧠 How to Avoid Mistakes:

Manage your risks with stop-loss orders.

Be patient and thoughtful before each trade.

Analyze charts and fundamental data.