Here are some classic mistakes that often lead to losses:
1️⃣ Overtrading
➡️ Opening positions too often = smaller opportunities, higher costs.
2️⃣ Not using Stop Loss
➡️ "Ah, it will definitely bounce back..." — but instead it falls deeper.
3️⃣ Greed
➡️ Already in profit but not taking it, hoping for more... ends up in losses.
4️⃣ No trading plan
➡️ Trading haphazardly = gambling.
➡️ Trading with a strategy = business.
5️⃣ Too emotional
➡️ FOMO (Fear of Missing Out) & FUD (Fear, Uncertainty, Doubt) lead to irrational decisions.
6️⃣ Lack of learning & research
➡️ Just following influencers or groups without understanding risks = a trap.
👉 Remember: Trading is not about winning all the time, but about surviving & being consistent in the long run.
Always learn, evaluate, & improve.