#TradingMistakes101
My main mistakes:
Overtrading: I once chased quick wins, which led to losses. Now I trade by plan.No stop-loss: Ignoring risk management almost led to the loss of my account. Always set limits!Emotional decisions: Panic selling during downturns? Yes, I did that. Stay disciplined.
What I've learned:
Patience > Speed: Slow, calculated steps outperform impulsive trades.Backtesting strategies: Test ideas before risking real money.Diversification: Don't put all your eggs in one basket.
Tips for beginners:
✅ Start with a demo account.
✅ Learn from losses, not just wins.
✅ Never invest more than you can afford to lose.
Advice from a professional: Keep a trading journal to track decisions and growth. 📝