#TradingMistakes101 we will break down some of the most common pitfalls.
One of the biggest mistakes is emotional trading. FOMO (fear of missing out) and FUD (fear, uncertainty, and doubt) can lead to impulsive and costly decisions. Buying at the peak of a price run or selling in panic during a correction are direct results of allowing emotions to dictate your trades. Develop a clear strategy and stick to it, regardless of market volatility.