#TradingMistakes101

Trading can be risky. Here are common mistakes and how to avoid them:

* No Plan: Don't trade on a whim. Always have a plan for buying, selling, and managing risk.

* Emotional Trading: Don't let fear or greed guide your trades. Be disciplined and stick to your plan.

* Ignoring Risk: Don't put all your money at risk. Always use stop-loss orders and only risk a small percentage of your capital per trade.

* No Research: Don't buy just because of hype. Do your own research (DYOR) and understand what you're investing in.

* Trading Too Much: Don't overtrade out of boredom or to recover losses. Be patient and wait for good opportunities.

* Chasing Prices: Don't buy after a big price jump. Wait for pullbacks or consolidation.

* Using Too Much Leverage: Don't borrow too much money to trade. Use leverage cautiously, as it magnifies losses.

* Not Spreading Risk: Don't put all your money in one place. Diversify your investments across different assets.

* Not Keeping Records: Don't forget past trades. Keep a trading journal to learn from your experiences.

* Forgetting About Fees: Don't ignore trading costs. Be aware of fees as they eat into your profits.