#TradingMistakes101
**#TradingMistakes101: Common Pitfalls Every Trader Should Avoid**
Trading can be highly rewarding, but even experienced traders make mistakes. Here are some common ones to avoid:
1. **No Trading Plan** – Entering trades without a strategy leads to impulsive decisions. Always define your entry, exit, and risk management rules.
2. **Overleveraging** – Using too much leverage can wipe out your account fast. Stick to sensible position sizing.
3. **Ignoring Stop-Losses** – Letting losses run in hopes of a reversal is a recipe for disaster. Protect your capital!
4. **Chasing Losses** – Revenge trading after a loss often leads to bigger losses. Stay disciplined.
5. **Overtrading** – Too many trades can lead to emotional burnout and poor decisions. Quality over quantity!
6. **Ignoring Market Conditions** – What works in a trending market may fail in a ranging one. Adapt your strategy.
7. **FOMO Trading** – Jumping into trades because of hype usually ends badly. Stick to your plan.
Learning from these mistakes can make you a better trader. What’s the biggest trading lesson you’ve learned? Share below! 👇 #TradingTips #RiskManagement