The 10 Most Frequent Mistakes in the World of Trading.
#TradingMistakes101
The most common mistakes in trading include trading without a plan, poor risk management, emotional decisions, overtrading and overleveraging, insufficient market research, blindly following the crowd, and lack of education.
Common Trading Mistakes and How to Avoid Them:
Trading Without a Plan: A trading plan should include strategies, objectives, and risk management.
Poor Risk Management: Limiting risk on each trade and diversifying the portfolio are key.