#TradingMistakes101 #Don’t Let These Common Errors Wipe You Out

In trading, mistakes aren’t just setbacks—they can be expensive lessons. One of the most common errors is trading without a plan. Jumping into the market without clear entry and exit strategies is like sailing without a compass. Another frequent mistake? Letting emotions rule. Fear and greed often lead to impulsive decisions—like holding onto a losing trade too long or chasing a runaway trend.

Overleveraging is another trap. Using too much margin might amplify profits, but it can also magnify losses—and quickly blow up your account. Similarly, ignoring risk management is a silent killer. If you're risking more than 1-2% of your capital on a single trade, you're setting yourself up for disaster.

New traders also tend to overtrade, mistaking activity for productivity. Quality over quantity wins in trading. And finally, not learning from past trades ensures you keep repeating the same errors.

Every pro trader started out as a beginner—what sets them apart is discipline and continuous improvement. Take notes, review your trades, and stay humble. The market doesn’t forgive carelessness.