#TradingMistakes101 #TradingMistakes101
Many traders jump into the market chasing quick profits, only to face losses from poor planning. One common mistake is trading without a strategy—emotion-driven decisions often lead to overtrading or panic selling. Ignoring risk management, such as failing to set stop-loss orders, can quickly deplete capital. Beginners may also follow unreliable tips or trends without research. Impatience and the fear of missing out (FOMO) can cloud judgment. Successful trading requires discipline, continuous learning, and emotional control. Avoid the urge to “win big fast” and focus on consistent, informed decisions. Remember: capital preservation is key to long-term success.