#TradingMistakes101 #TradingMistakes101 Making mistakes is part of the learning process, but some can be costly if not recognized in time.

Here is a list of common mistakes:

1. Not having a trading plan

Entering the market without a clear strategy for entry, exit, and risk management is one of the most dangerous mistakes.

2. Not using a stop loss

Trading without loss limits can lead to significant capital declines. A stop loss protects your account from emotional and impulsive decisions.

3. Over-leveraging

Using too much leverage can amplify gains, but also losses. Many traders blow accounts for this reason.

4. Entering based on emotions (fear or FOMO)

Trading out of fear or the fear of missing out (FOMO) leads to poorly analyzed entries that are almost always negative.

5. Not accepting losses

Trying to “recover” a loss with more risk usually worsens the situation. Accepting that one can lose in a trade is key.

6. Overtrading

Making too many trades without technical or emotional foundation can mentally exhaust and drain the account.

7. Constantly changing strategy

Trying a new strategy every week prevents you from really assessing whether a methodology works. Consistency is crucial.

8. Not keeping a trading journal

Logging your trades helps identify patterns of error or improvement. Many traders progress much faster by keeping a serious record.

9. Ignoring fundamental or technical analysis

Some traders focus only on one type of analysis, when often the combination of both yields better results.

10. Lack of continuous education

The market changes, and so should your knowledge and skills. Not studying or practicing can leave you behind.

I hope this helps you avoid making these mistakes.