#TradingMistakes101 One of the most common mistakes in trading is to operate without a clear plan. Many novice traders enter the market on impulse, without having a defined strategy or knowing their entry and exit levels. This leads to emotional decisions, especially in times of high volatility. Another mistake is not managing risk appropriately, using excessive leverage that can wipe out entire accounts in a matter of minutes. Additionally, ignoring macroeconomic events and not taking the economic calendar into account can be fatal. It is always better to miss an opportunity than to make a bad decision out of fear or greed.