#TradingMistakes101
– Common Errors to Avoid**
1. **No Plan** – Trading without a strategy leads to emotional decisions.
2. **Overleveraging** – Using excessive margin can wipe out your account fast.
3. **Ignoring Risk Management** – Never risk more than 1-2% per trade.
4. **Revenge Trading** – Chasing losses often leads to bigger losses.
5. **Overtrading** – Too many trades increase fees and emotional stress.
6. **FOMO (Fear of Missing Out)** – Jumping into trends too late can be risky.
7. **Not Using Stop-Losses** – Letting losses run destroys capital.
8. **Ignoring Market Conditions** – Strategies must adapt to trends vs. ranges.
Avoid these mistakes to trade smarter! #TradingTips #RiskManagement
(DYOR)