#TradingMistakes101 🚫 Top 10 Common Trading Mistakes

1. 📉 No Stop-Loss

Not using a stop-loss is like driving without brakes.

Always set a stop-loss to limit your losses.

2. 🎢 Overtrading

Trading too frequently without a proper setup.

It leads to emotional burnout and random decisions.

3. 🤑 FOMO (Fear of Missing Out)

Jumping into a trade just because a coin is pumping.

You often buy too late and get dumped on.

4. ❌ No Trading Plan

Trading without a strategy is gambling.

Always have a plan: entry, exit, risk %, stop-loss.

5. 💥 Overleveraging

Using high leverage (like 50x or 100x) can blow your account.

Stick to low or no leverage if you’re still learning.

6. 💰 Risking Too Much

Risking 50% of your account in one trade is suicide.

Only risk 1-2% per trade to survive long-term.

7. 😵 Revenge Trading

Lost money? Don’t chase it by entering random trades.

It usually leads to more losses.

8. 😐 Ignoring Emotions

Trading while angry, greedy, or stressed? Bad idea.

Control your mindset, or the market will control it for you.

9. 📉 Not Cutting Losses

Hoping the price will bounce back?

Sometimes it doesn’t — cut losses fast and move on.

10. 🔍 Lack of Backtesting / Practice

Jumping in without testing your strategy is risky.

Use paper trading or demo accounts to practice