#TradingMistakes101
7 mistakes that drain your deposit
Trading is not just about charts and indicators. It's also about psychology, discipline, and constant pitfalls. Here are the TOP-7 common mistakes traders should know before entering a position 👇
❌ 1. Lack of strategy
"I’ll buy because it’s rising" — is not a strategy. Without a clear plan, trading turns into gambling.
❌ 2. Overtrading
More trades ≠ more profit. Often, it means more commissions and emotional decisions.
❌ 3. Ignoring stops
"Let me wait a little longer" — often ends up in a complete loss of the position.
❌ 4. Too high leverage
x50 looks tempting until the market moves against you by 2%.
❌ 5. Revenge trading
After a loss, you want to "make it back" — but this is the quickest way to even greater losses.
❌ 6. Trading without timeframes
Intraday does not work on daily charts. And a signal from 1H is not always confirmed on 4H.
❌ 7. Believing in the “dream entry point”
Perfect entries do not exist. Sometimes it’s better to skip a trade than to jump in haphazardly.
✅ Tip:
Keep a trading journal, analyze mistakes, follow risk management. It doesn’t guarantee profit — but it will preserve your deposit.
💬 What is your main mistake at the start of trading? Share in the comments 👇