#TradingMistakes101 🎯 TOP 5 trading mistakes that cost you money (and nerves) 💸
1. You buy on FOMO
When it rises, it's already too late. Emotions are not a strategy.
2. You don't have a plan
Without a goal, without a stop-loss, without a thought. That's not trading, that's roulette.
3. You add to your losses
"It will turn around..." It won’t. You're not a casino, but an investor.
4. You ignore risk management
10% profit is great. But when you then lose 50% in one trade, it's worthless.
5. You overtrade
Bored = trading? Wrong. The market has you in its grip.