#TradingMistakes101

Trading Mistakes 101: What Every Beginner Should Avoid

Trading can be exciting and profitable, but it’s also filled with pitfalls—especially for beginners. One of the most common mistakes is trading without a plan. Jumping in without a clear strategy often leads to emotional decisions and heavy losses. Another major error is overleveraging—using borrowed funds to trade more than you can afford to lose. This can wipe out your account quickly. Many new traders also chase hype, buying coins or stocks at their peak due to fear of missing out (FOMO). Always do your own research (DYOR) and set stop-losses to protect your capital. Consistency, patience, and discipline are key to long-term success.