#TradingMistakes101 Here are some common trading mistakes, in no particular order:

* Lack of a Plan: Trading without a well-defined strategy, entry/exit points, and risk management.

* Emotional Decisions: Letting fear or greed dictate trades, leading to impulsive actions.

* Overleveraging: Using too much borrowed capital, amplifying losses and increasing liquidation risk.

* Chasing Pumps: Buying into rapidly rising assets based on hype, often leading to being caught at the top.

* Revenge Trading: Trying to recoup losses by taking larger, riskier trades immediately after a losing one.

* Ignoring Risk Management: Neglecting stop-losses or position sizing, exposing oneself to significant drawdowns.

* Overtrading: Taking too many trades, leading to increased transaction costs and fatigue.

* Not Cutting Losses: Holding onto losing positions hoping for a recovery, turning small losses into large ones.

* Lack of Discipline: Deviating from one's trading plan due to impatience or external pressures.

* Poor Record Keeping: Not tracking trades, making it difficult to analyze performance and identify weaknesses.

* Believing in "Get Rich Quick": Falling for unrealistic promises and scams.

* Trading Illiquid Assets: Difficulty entering or exiting positions at desired prices.

* Not Adapting: Failing to adjust strategies to changing market conditions.

* Lack of Research: Trading based on tips or incomplete information.

* Comparing to Others: Feeling pressured by others' gains, leading to poor decisions.

* Trading Against the Trend: Fighting the market's direction, often resulting in losses.

* Underestimating Fees: Not accounting for commissions, spreads, and other costs.

* Ignoring News/Events: Not staying informed about factors impacting chosen assets.

* Lack of Patience: Entering trades too early or exiting too soon.

* Trading While Stressed/Tired: Impaired judgment leading to errors.