#TradingMistakes101

**Trading Mistakes 101: Avoid These Common Pitfalls**

Even experienced traders make mistakes, but beginners often fall into predictable traps. Here are the top errors to avoid:

### **1. No Risk Management**

Going all-in on a single trade or ignoring stop-losses can wipe out your account. Always risk only 1-2% of your capital per trade.

### **2. Chasing FOMO Trades**

Buying at the peak because of hype (like meme coins or sudden pumps) often leads to losses. Stick to a strategy, not emotions.

### **3. Overleveraging**

High leverage (50x, 100x) can turn small dips into liquidations. Use leverage cautiously—if at all.

### **4. Ignoring Market Trends**

Fighting the trend (e.g., shorting in a strong bull market) is risky. "The trend is your friend" for a reason.

### **5. Revenge Trading**

After a loss, impulsive trades to "get even" usually result in bigger losses. Take a break instead.

### **6. No Trading Plan**

Entering trades without a clear entry, exit, or profit target is gambling. Plan every move.

Avoid these mistakes, and you’ll already be ahead of 90% of traders. Stay disciplined!