#TradingMistakes101 highlights common errors that both new and experienced traders can make in the financial markets. One of the biggest mistakes is trading without a clear plan or strategy, often leading to impulsive decisions. Overleveraging is another pitfall—using too much borrowed capital can magnify losses. Emotional trading, such as chasing losses or becoming overconfident after a win, also leads to poor judgment. Failing to use stop-loss orders or ignoring risk management increases vulnerability. Many traders also neglect to stay informed about market news or rely too heavily on unreliable tips. Lastly, not reviewing and learning from past trades limits growth. Avoiding these mistakes through discipline, education, and patience is key to long-term success in trading.
