#TradingMistakes101 ❌ Trading Mistakes 101 – Common Mistakes When Trading
1. 🧠 Trading with emotions
Making decisions based on fear or greed leads to mistakes.
Not following a plan when the market moves quickly.
Solution: Use a trading plan and stick to it, without emotions.
2. 🎯 Not having a clear strategy
Entering trades randomly, without knowing why or when to exit.
Solution: Define clear rules for entry, exit, and stop-loss.
3. 💥 Not using stop-loss
Not setting a stop can lead to catastrophic losses.
Solution: Always set loss limits to protect your capital.
4. ⚖️ Over-leveraging
Using too much leverage can increase gains, but also losses.
Solution: Use leverage with great caution, especially if you are a beginner.
5. 📈 Entering due to FOMO (fear of missing out)
Buying when an asset has already risen a lot, out of fear of "missing the rise."
Solution: Analyze the market calmly and do not follow baseless crowds.
6. 🕒 Overtrading
Trading excessively due to boredom or addiction.
Solution: Only trade when your strategy gives you a clear signal.
7. 📚 Not learning or reviewing your mistakes
Repeating the same mistakes without learning.
Solution: Keep a trading journal and review your trades.
8. 🎰 Treating trading like a game of chance
Gambling without analysis, like in a casino.
Solution: Trading is a skill, not a gamble. It requires study and discipline.
✅ Final advice:
> “Protect your capital first. Profits will come later.”