After 7 years of operating in the market, I had to pay a significant 'tuition fee' to realize one truth:

👉 Trading is not about 'right or wrong', but about discipline or lack of discipline.

👇 Below are 7 mistakes I made (and paid dearly for), hoping you can learn from them to avoid repeating.

1️⃣ No Plan = No Opportunity

Trading based on inspiration is not trading; it is gambling.

✔️ Before entering a trade, clearly define: entry point, stop-loss point, take-profit point.

Having a plan = having direction, not getting carried away by emotions when the market fluctuates.

2️⃣ Taking on Too Much Risk

A golden rule: never use money you can't afford to lose.

Rent, bills, emergency funds — absolutely do not bring into the market.

🔒 Protect your capital first, profits will come later.

3️⃣ Greed – Holding Trades Too Long

Many times I had the words but didn't close the trade because I wanted 'a little more'. The result? A winning trade turned into a losing trade.

👉 Greed is the greatest enemy of a trader.

🎯 Discipline with the take-profit plan, don't let 'expected price' replace 'actual price'.

4️⃣ Trading Based on Emotions

Fear of missing out, revenge trading, or panic cutting losses at the wrong time... All lead to accounts disappearing very quickly.

🧘‍♂️ Stay calm. If emotions are unstable, it's best to stay out.

5️⃣ Hope to Get Rich Quickly

The market is not a money printer. Success takes time and patience.

💡 $20 profit from an accurate trade is worth more than losing $100 chasing rumors.

🚶 Move slowly, but in the right direction.

6️⃣ Too Sensitive to Losses

A losing trade does not mean you are a failure. But giving up too early is definitely the real failure.

📉 View the market long-term, learn from experiences, and then continue. Trading is a journey, not a single match.

7️⃣ Copying Without Understanding

Copying signals without understanding the reason = operating with eyes closed.

📚 Learn to analyze, understand the logic, and think behind each trade. Only then can you truly control your decisions.

Conclusion

The market always rewards discipline, never emotions.

✅ Trade wisely.

✅ Be patient with your plan.

✅ Practice every day.

That's the way to survive and grow long-term in trading.

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