New traders often fall into traps that can skew success. Overtrading is a common mistake—the pursuit of every market fluctuation quickly depletes capital. Ignoring risk management, such as not placing stop-loss orders, can lead to disaster. Trading based on emotions, influenced by fear or greed, clouds judgment; adhere to a plan. Many overlook research, blindly following tips or trends, leading to losses. Leverage can amplify profits but can also wipe out an account if misused. Ultimately, impatience kills—markets reward discipline, not hasty decisions. Learn these lessons early, stay calm, and trade smart to build sustainable success.