💥 7 Deadly Mistakes of Trading That Lead to Failure! How Experts Easily Avoid Them?

Don't let your account become a victim of mistakes! Here are 7 classic trading traps summarized; follow the experts' advice to avoid them and survive and win in the market!

🔸 1. Trading Without a Clear Strategy

Mistake: Trading based on intuition or following the crowd.

Solution: Choose and validate a clear strategy, such as supply and demand zones or trend trading, before executing.

🔸 2. Investing Too Much Capital at Once

Mistake: Betting the entire account and ignoring risks.

Solution: Risk only 1-3% of your capital in each trade to control risk and avoid liquidation.

🔸 3. Ignoring Stop-Loss Discipline

Mistake: Not setting stop-loss or frequently adjusting it.

Solution: Set your stop-loss before entering the trade to protect your assets.

🔸 4. Trading Driven by FOMO (Fear of Missing Out)

Mistake: Chasing prices when they surge.

Solution: Patiently wait for price corrections to seize the right entry opportunities.

🔸 5. Trading Under Emotional Distress

Mistake: Revenge trading and making emotional decisions.

Solution: Calm down, reassess and document mistakes, and adjust your mindset before trading again.

🔸 6. Overtrading and Lack of Planning

Mistake: Frequent trading without a plan and carelessly entering and exiting the market.

Solution: Create a trading schedule and choose the best trading times.

🔸 7. Not Keeping Records and Evaluating

Mistake: No trading log, making it difficult to reflect and improve.

Solution: Record the reasons, emotions, and results of each trade, and continuously learn and improve.

Conclusion:

Making mistakes is normal, but the key is not to repeat them. Through discipline, strategy, and risk management, you can survive in trading long-term and achieve success!