#TradingMistakes101

Trading can be rewarding, but beginners often fall into common traps. One major mistake is trading without a solid plan—emotions take over, leading to impulsive decisions. Overleveraging is another issue, amplifying losses quickly. Many traders also ignore risk management, risking too much on a single trade. Chasing losses, or “revenge trading,” often leads to further setbacks. Failing to keep a trading journal makes it harder to learn from past mistakes. Additionally, trusting unverified tips or following the crowd blindly can be dangerous. Avoiding these pitfalls requires discipline, education, and patience—essentials for long-term trading success in any market.