#TradingMistakes101
Trading is a skill, and mistakes can be costly. Here are common errors traders make:
1. **Ignoring Risk Management** – Always set stop-losses and define risk per trade.
2. **Overtrading** – Patience is key; avoid excessive trades driven by emotion.
3. **Chasing FOMO** – Buying assets at peaks leads to losses. Analyze before acting.
4. **Neglecting Market Trends** – Trade with the trend, not against it.
5. **Lack of Strategy** – A clear plan prevents impulsive decisions.
Mastering discipline is the trader’s strongest asset.