#TradingMistakes101

One of the most common trading mistakes beginners make is acting on emotion rather than logic. Fear and greed can cloud judgment, leading to impulsive decisions like chasing losses or exiting winning trades too early. Another key error is lacking a solid trading plan or ignoring risk management strategies. Without stop-loss orders or position sizing rules, a single bad trade can wipe out an account. Overtrading, relying on tips, and not doing proper research also contribute to losses. Consistency, patience, and discipline are critical in trading. Learning from mistakes, maintaining a journal, and staying educated can turn early failures into long-term success. Mastering psychology is as crucial as mastering strategy.