#TradingMistakes101
Whatโs Draining Your Profits? ๐ธ๐
๐ซ 1. Chasing Trades
๐ Entering too late = ๐ gone opportunity
๐ Patience beats FOMO every time.
๐ฐ 2. Overleveraging
โ ๏ธ Big gains sound sweetโuntil it blows your account!
๐ข Risk only what you can afford to lose.
๐ง 3. No Trading Plan
๐ โIโll just see how it goesโฆโ = recipe for chaos
๐ Have entries, exits, and SL clearly defined.
๐ตโ๐ซ 4. Emotional Trading
๐ฅ Greed & fear are the worst trading advisors
๐ง Stay calm. Trade the plan, not the emotion.
๐ 5. Ignoring Risk Management
๐ฃ One bad trade shouldnโt wipe out 10 good ones!
๐ Use stop losses, diversify risk.
๐ 6. Not Reviewing Trades
๐ Losing? Learn from it.
๐ Winning? Replicate it.
๐ง The best traders are lifelong learners.
๐ฏ Success isnโt about more trades. Itโs about better ones.