#TradingMistakes101 One of the most common mistakes among beginner traders is allowing emotions to dominate their decisions. FOMO (fear of missing out) drives them to buy at high prices, while panic encourages them to sell at a loss. It is essential to have a well-defined trading plan and stick to it. Using a trading journal can also help identify recurring mistakes. Finally, do not forget to conduct backtesting before using a strategy. Learning from mistakes is a key process in continuous improvement.