#TradingMistakes101
Lessons from My First Trades
Every trader starts at some point, and mistakes are part of the journey. Looking back, here are some of the biggest trading mistakes I made and what I learned from them:
🔻 Mistake #1: Chasing Upward Trades
I was afraid of missing out on opportunities in currencies simply because they were trendy. I learned a hard lesson: by the time the news comes out, it's often too late.
👉 Lesson: Start with research, not emotions.
🔻 Mistake #2: Ignoring Risk Management
I bet everything I had on a single trade without using a stop-loss order, and I watched it collapse.
👉 Lesson: Always use stop-loss orders, and never risk more than you can afford to lose.
🔻 Mistake #3: Overtrading