#TradingMistakes101

**Common Trading Mistakes to Avoid**

1. **Overtrading**: Trading too frequently leads to high fees and emotional decisions. Stick to your strategy.

2. **Ignoring Risk Management**: Not using stop-losses or risking too much per trade can wipe out your account.

3. **Chasing Losses**: Trying to recover losses with impulsive trades often backfires. Stay disciplined.

4. **Lack of a Plan**: Trading without a clear strategy increases emotional decisions. Define entry/exit rules.

5. **FOMO (Fear of Missing Out)**: Jumping into trades due to hype often leads to buying highs and selling lows.

6. **Ignoring Market Conditions**: Strategies that work in trending markets may fail in sideways markets. Adapt accordingly.

7. **Overleveraging**: Excessive leverage magnifies losses. Use it cautiously.

8. **Not Reviewing Trades**: Failing to analyze past trades prevents learning from mistakes.

Avoiding these errors improves consistency and long-term success. Stay patient, disciplined, and always keep learning.