#TradingMistakes101 ¡Avoid common traps in trading! 🚨 #TradingMistakes101

The path to success in trading is full of challenges, and making mistakes is part of the learning process. However, recognizing and avoiding the most common mistakes can save you a lot of money and frustration.

One of the biggest mistakes is excessive leverage. While it can amplify gains, it also quickly escalates losses. Manage your risk wisely! Another classic mistake is trading without a clear plan. Impulsiveness leads to emotional, not rational, decisions. Define your entries, exits, and stop-loss before opening any trade.

Additionally, many fall into the market revenge trap, trying to recover losses with risky trades. Stop! Accept your mistakes, learn, and move on. Finally, do not underestimate the power of emotional control. Fear and greed are your worst enemies.

What are your main mistakes in trading? Share your experience so we can all learn!