#USChinaTradeTalks
Trading can be rewarding, but even seasoned traders make costly mistakes. One common error is letting emotions drive decisions—fear and greed often lead to poor timing. Overtrading, especially after a loss, can quickly drain your account. Failing to set stop-losses or ignoring them is another dangerous habit. Many traders also risk too much on a single trade, violating basic risk management principles. Chasing the market without a clear plan or strategy invites disaster. Lack of proper research or blindly following hype can lead to bad entries. Lastly, not learning from mistakes ensures they’ll be repeated. Stay disciplined, manage your risk, and treat trading as a skill—not a gamble.