#TradingMistakes101 One of the biggest trading mistakes beginners make is trading without a plan. Jumping in impulsively often leads to losses. Another common error is ignoring risk management—never risk more than you can afford to lose on a single trade. Chasing pumps or FOMO buying can quickly wipe out your gains. Overtrading, holding onto losing positions too long, and neglecting to set stop-loss orders are also pitfalls to avoid. Successful traders stay disciplined, stick to their strategy, and learn from their mistakes. Remember, mastering trading takes time and patience. Keep learning and stay focused.