🧠 The biggest mistakes I made when I first started trading (so you don't learn the hard way)
When I started my trading journey, I was very excited, but I was also undisciplined and inexperienced.
This over-enthusiasm cost me money, time, and self-confidence.
Today I'm sharing with you the biggest mistakes I made — so you can avoid them and start smarter and stronger than me 👇
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❌ 1. Trading without a plan
In the beginning, I relied on my "gut feeling" and mood. I opened trades because the market looked good...
But without a clear plan, everything was haphazard.
The result? Losing trades, lost decisions, and constant mental confusion.
🔁 Lesson: Do not enter any trade until you determine:
Entry point
Stop loss
Profit target
Reason for entry (technical or fundamental analysis)
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❌ 2. Ignore Stop-Loss
I would watch my trades sink into losses and wish they would come back… but they often didn't.
I was letting emotions control me instead of discipline.
🔁 The lesson:
A stop loss is not a weakness — it's a tool to protect your capital.
Don't justify staying in a losing trade, respect your plan and exit when the terms are broken.
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❌ 3. Overtrading + using high leverage
I was opening a lot of trades, using crazy leverage in order to make faster profits.
But the result was clear: my account was completely destroyed.
🔁 The lesson:
A few well-thought-out deals are better than many unfocused ones.
The higher the leverage, the higher the risk... so beware of greed.
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❌ 4. Entering out of fear of missing out (FOMO)
I would see a huge green candle and enter immediately, just because I was afraid of missing out.
But I was mostly late — and bought at the top.
🔁 The lesson:
Don't chase the market.
Wait for a clean, calculated entry. Patient trading always wins.
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❌ 5. Lack of patience
I was looking for instant profit. I wanted results today before tomorrow.
But the truth I understood after a long time is:
🔁 The lesson:
Trading is not magic, it's a game of discipline and calculated risk.
Success in it requires commitment, perseverance, and long waiting times.
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✅ What changed everything?
When I started re-prioritizing and learning from my mistakes, my results changed.
I learned to manage risk professionally.
I started reading the market through price structure, not emotions.
I stuck to one strategy and evolved it over time.
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🧭 Conclusion:
> Trading is not a quick way to get rich.
Capital is a trust, the plan is your shield, and patience is your weapon.
Don't trade randomly.
Don't let your emotions control you.
And don't forget... consistent profit is the result of discipline, not speed.
#Trading #Trading_Tips