#TradingMistakes101 New traders often chase hype instead of doing proper analysis. FOMO (Fear of Missing Out) leads to buying high and selling low. Ignoring risk management—like not setting stop-losses—can drain your portfolio. Overtrading and revenge trading after losses usually make things worse. Many skip learning technicals, relying solely on tips or signals. Trading without a plan is like sailing without a compass. Emotional decisions cloud judgment—stay disciplined. Avoid putting all funds in one trade; diversify wisely. Don’t let short-term noise distract from long-term goals. Learn, adapt, and stay patient—mistakes are lessons, not failures. Trade smart, not fast.