#TradingMistakes101 **Trading Mistake #101: Ignoring Risk Management – A Costly Lesson**
One of the biggest trading mistakes beginners make is ignoring risk management. Many new traders focus only on potential profits and forget to protect their capital. They risk too much on a single trade, don’t set stop-losses, or let emotions drive their decisions.
The result? A single bad trade can wipe out weeks or even months of gains. Successful traders follow the **2% rule**—never risk more than 2% of their capital on a single trade. They also use stop-loss orders to limit losses.
**Lesson:** Trading without risk management is gambling. Protect your capital, stay disciplined, and trade smart. #TradingMistake #RiskManagement #DayTrading #StockMarket