#TradingMistakes101 Common mistakes to avoidTrading can be exciting, but it is also full of traps. Here are the most common mistakes and how to avoid them:Lack of a plan: Trading without a strategy is like navigating without a compass. Define your objectives, entry, exit, and risk management before each trade.Ignore the risk: Don't risk more than you can afford to lose. Use stop-loss and never put more than 1-2% of your capital in a single trade.Following emotions: Fear and greed are your worst enemies. Keep a cool head and stick to your plan, not the impulse of the moment.Overtrading: Making too many trades exhausts your capital and concentration. Less is more: wait for the best opportunities.Not learning from mistakes: Every loss is a lesson. Analyze your failed trades to improve, not to lament.Chasing trends blindly: Don't chase the market without analysis. Confirm trends with technical or fundamental data.Neglecting education: The market evolves. Invest time in learning technical analysis, fundamental analysis, and emotional management.Avoid these mistakes with discipline and patience. Successful trading is a marathon, not a sprint! #TradingTips