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5 Mistakes I Made as a Beginner Trader—and How You Can Avoid Them

Let’s face it—trading isn’t as easy as it looks on YouTube. When I started, I made every rookie mistake in the book. If you're just beginning, learn from my journey so you don’t burn your fingers like I did.

1. Chasing Pumps
I saw green candles and jumped in—thinking I’d get rich quick. Wrong. Most of the time, I bought the top and held the bag.
Lesson: Wait for pullbacks. Don't FOMO into hype.

2. Overtrading
I thought trading every move was “grinding.” It was just gambling with extra steps.
Lesson: Less is more. Trade only when your setup is clear.

3. Ignoring Risk Management
I’d go all-in on a “sure thing.” A few losses later, my portfolio was in ICU.
Lesson: Never risk more than 1-2% per trade. Protect your capital.

4. Not Having a Plan
I entered trades without knowing my exit. I held on… and watched profits vanish.
Lesson: Set your entry, target, and stop-loss before you click “buy.”

5. Letting Emotions Run the Show
One bad trade ruined my mood—and my day. I’d revenge trade and dig deeper holes.
Lesson: Stay calm. Trading with emotion is like driving drunk.

Final Thought:
Every mistake taught me something. The goal isn’t perfection—it’s progress. Learn, adjust, and grow. The market rewards patience and discipline, not luck and ego.

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