#TradingMistakes101

Many traders make common mistakes that can cost them dearly. One major error is trading without a clear plan or risk management strategy. Emotional decisions often lead to chasing losses or entering trades based on fear or greed. Overtrading, ignoring market trends, and failing to use stop-loss orders can quickly deplete a trading account. Beginners sometimes risk too much capital on a single trade, hoping for big profits. Others blindly follow tips without proper analysis. Lack of patience and discipline are also frequent problems. Learning from mistakes, keeping a journal, and constantly improving one’s skills are essential steps toward becoming a successful trader.