š¾ Mistakes that cost me dearly (and may cost you too)
Once I thought trading was simple: buy low, sell high.
But then the market showed me its claws...
Here are the TOP-5 mistakes that cost me $$$ (and my nerves):
ā Entering without a plan ā just "it seems like it's going up now." It didn't.
ā Didn't set stop losses ā held onto a losing position, hoping for a miracle.
ā Overtrading ā many trades = high commissions + exhaustion.
ā Ignored the trend ā tried to catch reversals when the market was simply going in the opposite direction.
ā Traded on emotions ā FOMO, revenge trading, "getting back at it."
š” Now I always:
ā
Have a clear plan
ā
Set stop losses
ā
Analyze the market calmly, like a cat on a windowsill.