#TradingMistakes101 Trading involves buying and selling financial instruments like stocks, currencies, or commodities to make a profit. It can be short-term, such as day trading, or long-term, like investing. Traders analyze market trends using technical indicators, news, and economic data. Risk management is crucial, often involving stop-loss orders to limit potential losses. Emotions can impact decision-making, so discipline and strategy are essential. While trading offers the potential for significant gains, it also carries high risk. Successful traders often have a clear plan, continuously learn, and adapt to market changes. Technology and real-time data have made trading more accessible than ever before.