#TradingMistakes101

Lack of Trading Plan

Trading “by intuition” is a path to failure. A plan = entry strategy, exit strategy, stop-loss, and position size.

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🧠 2. Emotional Decisions

Fear, greed, excitement — the worst enemies of a trader. Discipline is more important than mood.

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🔄 3. Overtrading

Too frequent trades increase risks and commissions. Quality signals > quantity.

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📉 4. Not Using Stop-Losses

Never hope that the “market will turn around.” A stop-loss is your lifebuoy.

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💰 5. Ignoring Risk Management

Entering a trade with your entire deposit is almost always a failure. 1–2% risk per trade is reasonable.

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🔍 6. Lack of Error Analysis

Don’t document trades? Don’t analyze losses? Then you will repeat them.

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⏳ 7. Chasing Quick Profits

“I want to double my money in a week” — a sure path to losses. Stability > excitement.

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📊 8. Trading Without Considering News

Ignoring macroeconomics and reports is like walking in the dark without a flashlight.