Here are 7 mistakes that cost me a lot - so you don't have to repeat them 🧵👇
Follow me to learn more from your mistakes 🤍
1️⃣ No plan = No chance
If you enter a trade without a plan, you are not trading - you are gambling.
✅ Always define your entry level, stop-loss level, and target.
2️⃣ Risking too much
Never use money that you cannot afford to lose.
Rent, bills, emergency funds - keep them out of the market.
🔒 Protect your capital first.
3️⃣ Holding on too long
You are in profit but not taking advantage of it - and it turns red?
This is greed.
🎯 Take profits. Stay in control.
4️⃣ Trading on emotions
Revenge trades. Fear of missing out. Panic exits.
These are killer accounts.
🧘♂️ Stay calm, or stay out.
5️⃣ Expecting quick money
Success takes time.
$20 from smart trading beats $100 lost due to noise
🚶 Be patient. Trust the process.
6️⃣ Overreacting to losses
One bad trade ≠ failure
But giving up early does.
📉 Step back. Learn. Keep going.
7️⃣ Blindly mimicking others
Following random signals without knowing why?
This is not a strategy.
📚 Learn the logic behind every trade.
Final advice
📌 The market rewards discipline - not emotion.
Trade smart. Stay steady. Level up daily.
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