#TradingMistakes101 Overleveraging is a dangerous mistake that amplifies both gains and losses. Using high leverage to boost profits can seem tempting, but it significantly increases risk. A small market move against you can wipe out your account. To avoid this, use leverage sparingly and align it with your risk management strategy. Never risk more than you can afford to lose. Focus on steady, consistent gains rather than chasing big wins. By keeping leverage low, you protect your capital and maintain control over your trades, ensuring you stay in the market for the long haul without devastating losses.