#TradingMistakes101 #TradingMistakes101

Trading can be thrilling, but it's easy to fall into common traps—especially for beginners. One of the biggest mistakes is trading without a plan. Jumping into markets without clear goals, risk management strategies, or exit rules is a recipe for emotional decisions and costly losses.

Another frequent error is overtrading. Chasing every opportunity or revenge trading after a loss can drain both capital and mental energy. Smart traders wait for high-probability setups and stick to their strategy.

Ignoring risk management is a major pitfall. Never risk more than you can afford to lose, and always use stop-loss orders. Managing risk is more important than chasing profits.

Letting emotions take over—especially fear and greed—can cloud judgment. A trader must stay disciplined and avoid making impulsive decisions based on short-term market swings.

Lastly, neglecting to review and learn from trades prevents growth. Keeping a trading journal helps identify patterns, strengths, and weaknesses over time.

Success in trading isn’t about always being right—it’s about managing risk, staying consistent, and learning continuously.

✅ Stay focused

✅ Stick to your plan

✅ Always protect your capital

#DayTrading #ForexTips #StockMarket #LearnToTrade #RiskManagement #TradingDiscipline