#TradingMistakes101 TRADING MISTAKES
Even experienced traders sometimes make mistakes. Knowing the most common mistakes can help avoid losses and preserve capital. Here’s what to consider:
• 1. FOMO (fear of missing out):
Participating in trading just because of hype is a path to losses. Always conduct your own analysis (DYOR).
2. Lack of stop-loss:
Trading without loss limits can lead to serious losses. Always manage risks.
3. Excessive leverage:
Too much leverage can bring profit, but even faster - liquidation of the position.
4. Trying to recover losses:
After a losing trade, it's not wise to trade emotionally. It's better to take a break, analyze, and return with a clear mind.
• 5. Ignoring emotions:
Emotions are the main enemy of a trader. Trade according to the plan, not under the influence of fear or