#TradingMistakes101 Trading Mistakes 101

Trading in financial markets can be complex and challenging, and even experienced traders can make mistakes. Here are some common trading mistakes to avoid:

1. Lack of Planning

- *Insufficient Research*: Not doing enough research on the markets, assets, or trading strategies.

- *No Clear Goals*: Not setting clear trading goals, risk tolerance, or profit targets.

2. Emotional Trading

- *Fear and Greed*: Allowing emotions to drive trading decisions, leading to impulsive and irrational choices.

- *Revenge Trading*: Trying to recoup losses by making impulsive trades, often resulting in further losses.