#TradingMistakes101

Common trading mistakes can be costly. *Overtrading*: Excessive buying and selling can lead to emotional decision-making and increased fees. *Lack of risk management*: Failing to set stop-losses or position sizing can result in significant losses. *Emotional trading*: Letting fear, greed, or hope dictate trading decisions can lead to poor choices. *Insufficient research*: Not understanding market trends, news, or analysis can lead to uninformed decisions. *Impatience*: Closing positions too early or jumping into trades without a clear strategy can hurt profits. *Not adapting*: Failing to adjust strategies to changing market conditions can lead to losses. Recognizing these mistakes can help traders improve their approach.