#TradingMistakes101

Trading Mistakes 101: Avoid These Common Pitfalls

Trading can be exhilarating, but it's easy to fall into traps that can harm your portfolio. One major mistake is letting emotions dictate decisions—fear and greed can cloud judgment. Another is overtrading; excessive buying and selling often lead to losses. Failing to set stop-loss orders can also lead to significant losses on a bad day. Additionally, neglecting proper research and analysis will leave you vulnerable. Always have a clear strategy and stick to your plan. Learn from mistakes, stay disciplined, and continually educate yourself. Remember, success in trading is a marathon, not a sprint!