#TradingMistakes101
In the trading world, making mistakes is common, especially at the beginning, but knowing these mistakes helps you avoid them and significantly improve your results.
One of the most common mistakes is trading with emotions, such as entering a trade out of fear or greed, without a clear plan. This kind of random decision-making often leads to losses.
Also, not using a Stop Loss is considered a significant risk, as the market can move quickly against you, causing you to lose more than you expected.
Another mistake is entering with more capital than necessary or using high leverage without sufficient understanding, which increases the likelihood of completely wiping out your account.
Let’s not forget ignoring risk management and not learning from previous trades, which are two aspects that distinguish the professional trader from the amateur.
Trading is a long journey, and avoiding repeated mistakes is what brings you closer to success more than any strategy.