#TradingMistakes101
Ignoring Risk Management
- Mistake : Risking too much capital on a single trade or not using stop-loss orders.
- Fix : Never risk more than 1-2% of your account on a single trade. Use stop-loss orders to limit losses. Diversify positions to avoid overexposure to one asset.
- Example : Betting 50% of your portfolio on one stock can wipe out your account if it drops significantly.