#TradingMistakes101 Common Trading Mistakes: Lesson 101

Many beginners make the same mistakes. One of the biggest is the lack of a clear plan. Entering a trade without defined entry/exit points, stop-loss, and take-profit is a direct path to losses.

Another common issue is trading on emotions. Fear and greed often lead traders to make reckless decisions, violating their own rules.

Misunderstanding the market and its dynamics also leads to financial losses. Before investing, make sure to study the assets and their features.

Exceeding risk is a catastrophic mistake. Never risk more than you can afford to lose. Stick to capital management rules.

Learn from your mistakes, keep a trading journal, and be disciplined. This will help you become a successful trader.

#TradingMistakes101