#TradingMistakes101

So, diving into trading? That's exciting, but watch out! #TradingMistake101 is all about avoiding those classic blunders. First off, don't just jump in without a plan. Seriously, impulse trades often end badly. 📉 You need a strategy, whether it's setting stop-losses to limit losses or having clear profit targets.

Another biggie? Letting emotions rule. Fear of missing out (FOMO) can make you buy at the top, and panic selling can lock in losses. 😬 Stick to your plan, even when things get wild. Over-leveraging is another trap – borrowing too much to trade amplifies both gains and painful losses. And finally, thinking every tip is gospel. Do your own research! Trust me, avoiding these common pitfalls can save you a lot of headache and heartache. Good luck out there! 🚀