#TradingMistakes101

🔻 1. Trading Without a Plan

Mistake: Jumping in without a strategy.

Fix: Develop a trading plan that includes entry/exit rules, risk management, and goals.

📉 2. Overtrading

Mistake: Trading too frequently or with too much size.

Fix: Stick to quality setups and manage position sizes based on risk tolerance.

😱 3. Letting Emotions Take Over

Mistake: Making impulsive trades based on fear or greed.

Fix: Use stop-losses, take breaks, and keep a trading journal to stay objective.

🧾 4. Ignoring Risk Management

Mistake: Risking too much on one trade.

Fix: Never risk more than 1-2% of your capital on a single trade.

📊 5. Not Keeping Records

Mistake: Failing to track trades.

Fix: Log every trade to learn from wins and losses.

🔍 6. Chasing the Market

Mistake: Jumping into trades too late.

Fix: Wait for confirmation and stick to your entry rules.

🧠 7. Not Continuing Education

Mistake: Thinking you know it all.

Fix: Stay updated with markets, study charts, and learn from others.