#TradingMistakes101

One of the most common pitfalls new traders face is letting emotions drive their decisions. Whether it's the fear of missing out (FOMO) during a rally or panic selling during a dip, emotional trading can quickly lead to losses. Another major mistake is ignoring risk management—trading without setting stop-loss orders or overleveraging a position can wipe out your capital faster than you realize. Beginners often jump into trades based on hype rather than research, overlooking fundamental and technical analysis. Consistency, patience, and discipline are key in this game. Remember, trading is not about getting rich overnight; it’s about developing a strategy and sticking to it. Learning from your mistakes and refining your approach is essential for long-term success. #TradingMistakes101