#TradingMistakes101

10 common trading mistakes you should avoid:

1. Lack of a Trading Plan

Trading without a clear strategy or set rules leads to emotional decisions and inconsistent results.

2. Overtrading

Taking too many trades or trading too often increases risk and reduces focus on quality setups.

3. Ignoring Risk Management

Not setting stop-loss or risking too much on one trade can lead to big losses.

4. Revenge Trading

Trying to recover losses immediately by jumping back in emotionally often leads to more losses.

5. Not Accepting Losses

Holding losing trades hoping they’ll recover instead of cutting losses early can wipe out capital.

6. FOMO (Fear of Missing Out)

Entering trades too late just because everyone else is talking about it often results in poor entries.

7. Lack of Patience

Entering or exiting trades too early due to impatience can cost you profits.

8. Ignoring Market News or Events

Not considering economic announcements or market-moving news can blindside your positions.

9. Following Others Blindly

Copying tips from influencers or groups without your own analysis is dangerous.

10. Letting Emotions Control You

Fear, greed, and excitement can cloud your judgment—trading needs discipline and control.