#TradingMistakes101
#TradingMistakes101: Avoid these common mistakes if you want to survive in the markets!
One of the biggest mistakes that novice traders make is trading without a defined plan. Many enter the market driven by emotion or greed, without properly analyzing the risks or setting clear objectives.
Another frequent mistake is not using a stop loss, which can turn a small loss into a financial disaster.
Additionally, over-leveraging and wanting to recover losses with impulsive trades (the famous "revenge trading") often ends badly. Success in trading does not depend on getting lucky once, but on having discipline every day.
Learn, practice, and never stop improving.
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