#TradingMistakes101

#TradingMistakes101 – Common Pitfalls Every Trader Should Avoid

🔥 1. Trading Without a Plan

Jumping into trades without a clear strategy is gambling, not trading. Always define:

• Entry & exit points

• Risk tolerance

• Trade size

• Time frame

📉 2. Risking Too Much on One Trade

Never risk more than 1–2% of your capital on a single trade. Over-leveraging is a fast track to blowing up your account.

😱 3. Letting Emotions Drive Decisions

Fear, greed, and FOMO (fear of missing out) lead to poor judgment. Stick to your plan and stay emotionally detached.

🔁 4. Revenge Trading

Lost a trade? Don’t try to win it back immediately. Chasing losses usually leads to bigger ones.

🧠 5. Ignoring Risk Management

Stop-losses exist for a reason. Use them. Never move them further away to “give the trade more room.”

📊 6. Overtrading

More trades ≠ more profits. Quality over quantity. Wait for high-probability setups.

💤 7. Not Reviewing Past Trades

Failing to track and learn from past trades guarantees repeated mistakes. Keep a trading journal.

📚 8. Neglecting Education

Markets evolve. So should you. Never stop learning — from books, mentors, and your own experiences.

Want a printable checklist or a custom plan to avoid these mistakes? Just ask. 💼📈

#TradingTips #InvestSmart #RiskManagement #TraderLife