#TradingMistakes101

Many beginners in trading make common mistakes that can cost them dearly. One major error is lack of a clear strategy—trading based on emotions or tips instead of research often leads to losses. Another mistake is poor risk management, such as risking too much on a single trade or ignoring stop-loss orders. Overtrading is also a problem; trying to make quick profits by trading too frequently increases transaction costs and stress. Additionally, many traders fail to keep a trading journal, missing chances to learn from past mistakes. Finally, ignoring market conditions and news can lead to unexpected losses. Avoiding these pitfalls is key to successful trading.