#TradingMistakes101 TradingMistakes101

New traders often fall prey to common pitfalls. Over-leveraging magnifies losses, while lack of a defined trading plan leads to impulsive decisions. Emotional trading (fear and greed) overrides logic, causing premature exits or holding onto losing positions too long. Ignoring risk management is catastrophic; proper stop-losses and position sizing are crucial. Chasing hype or tips without personal research often results in buying at peaks. Finally, insufficient capital or unrealistic profit expectations can lead to frustration and quitting before gaining experience. Avoid these for a stronger start!