#TradingMistakes101

šŸ“‰ #TradingMistakes101: Avoid These Common Pitfalls!

Even experienced traders slip up. Here are theĀ top trading mistakesĀ and how to avoid them:

1. 🚫 FOMO Trading (Fear of Missing Out)

Jumping into trades just because prices are pumping =Ā bad idea.

āœ…Ā Tip:Ā Have a strategy. Don’t chase green candles.

2. šŸ’„Ā Overleveraging

Using too much leverage =Ā liquidation risk.

āœ…Ā Tip:Ā Use leverage cautiously. Respect your stop loss.

3. šŸ“ˆĀ No Risk Management

Putting your whole portfolio on one trade? 😬

āœ…Ā Tip:Ā Use theĀ 1–2% rule: never risk more than 2% of your capital on one trade.

4. 😬 Revenge Trading

Lost a trade and trying to win it back fast? Dangerous game.

āœ…Ā Tip:Ā Step back. Clear your head before the next move.

5. šŸ”Ā Ignoring Fundamentals & News

Trading without knowing what’s happening in the market = blindfolded trading.

āœ…Ā Tip:Ā Always check market sentiment and news before making moves.

6. šŸ•°ļøĀ Bad Entry/Exit Timing

Buying too early, selling too late.

āœ…Ā Tip:Ā Use technical analysis + patience.

7. šŸ“‰Ā Not Keeping a Trading Journal

If you’re not tracking your wins and losses, you’re not learning.

āœ…Ā Tip:Ā Document every trade: what, why, and how it went.

šŸ’” Final Advice:

Success =Ā Discipline + Strategy + Patience

Want more tips like this?

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