If you’re just starting, avoid these deadly traps:
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1. Jumping in Without Learning 📚
Trading without understanding the basics is like skydiving without a parachute.
Tip: Invest time in learning before risking real money.
2. Risking Too Much on One Trade 💥
Blowing up your account happens fast when you overbet.
Tip: Risk no more than 1–2% of your capital per trade.
3. Chasing the Market 🏃♂️
Jumping into a moving train (FOMO) often ends badly.
Tip: Wait for clear setups. Patience pays more than panic.
4. Ignoring Stop Losses 🚫
“No stop loss” = Disaster waiting to happen.
Tip: Always set a stop loss before entering a trade.
5. Letting Emotions Control Decisions 😡
Fear and greed are the true account killers.
Tip: Stick to your plan, not your feelings.
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💬 Want my free checklist “10 Rules Every Trader Should Follow” to avoid these mistakes?
Comment “RULES” and I’ll send it to you for free ✉️
#NewTrader #TradingWisdom #RiskManagement #zerocosteducation
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