#TradingMistakes101 🚫 5 common mistakes traders make that are costly

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1️⃣ FOMO (fear of missing out)

— Buying at the peak because "everyone is buying"? Then — a red portfolio.

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2️⃣ No strategy

— Trading without a plan is like swimming without a life jacket in a storm.

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3️⃣ Overtrading

— Many trades ≠ big profit. Often the opposite.

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4️⃣ Ignoring risk management

— No stop losses? Prepare for liquidation.

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5️⃣ Blind faith in "gurus" from Twitter or YouTube

— DYOR: always do your own analysis.

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📉 Mistakes are part of learning, but it's better to learn from others' rather than your own.