#TradingMistakes101 โ ๏ธ Common Mistakes in Trading That You Must Avoid! ๐
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:
๐ป Overtrading โ Opening positions too frequently without strong reasons just because you want to โquickly recover capitalโ.
๐ป Not using stop loss โ This is like driving without brakes. The risk of loss can become uncontrollable.
๐ป FOMO (Fear of Missing Out) โ Buying just because the price is rising without clear analysis.
๐ป Poor risk management โ Going all-in or not measuring the risk:reward ratio correctly.
๐ป 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. ๐ซ๐
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