#TradingMistakes101 : Mistakes That Cost Money**

Trading can be profitable, but **typical mistakes** can quickly lead to losses. Let's explore them and ways to avoid them!

🚨 **TOP-5 Trading Mistakes:**

❌ **FOMO (Fear of Missing Out)** – buying an asset at its peak due to emotions, not analysis. 🔎 *Instead:* Trust technical and fundamental analysis.

❌ **Lack of Stop-Loss** – the risk of losing everything due to one wrong trade. 🛑 *Instead:* Always set a **SL** to protect your capital.

❌ **Overtrading** – excessive trading without a clear strategy. 💡 *Instead:* Stick to your **plan** and avoid hasty decisions.

❌ **Ignoring Risk Management** – large bets without risk control. ⚖️ *Instead:* Use **Risk/Reward Ratio**, don't risk more than 2% of your capital on a trade.

❌ **Blindly Copying Others** – following the hype without understanding the market. 🚀 *Instead:* **DYOR (Do Your Own Research)**!