#TradingMistakes101 โš ๏ธ Common Mistakes in Trading That You Must Avoid! ๐Ÿ“‰

Many beginner traders (and even experienced ones) often fall into the same traps. Here are some trading mistakes that you need to be aware of:

๐Ÿ”ป Overtrading โ€“ Opening positions too frequently without strong reasons just because you want to โ€œquickly recover capitalโ€.

๐Ÿ”ป Not using stop loss โ€“ This is like driving without brakes. The risk of loss can become uncontrollable.

๐Ÿ”ป FOMO (Fear of Missing Out) โ€“ Buying just because the price is rising without clear analysis.

๐Ÿ”ป Poor risk management โ€“ Going all-in or not measuring the risk:reward ratio correctly.

๐Ÿ”ป No trading plan โ€“ Entering the market randomly without strategy and targets.

Remember, trading is not about winning quickly, but about discipline, patience, and consistency. Don't let small mistakes ruin your account. ๐Ÿšซ๐Ÿ“Š

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