#TradingMistakes101 One of the biggest mistakes beginners make in trading is the lack of a clear action plan. Many enter the market driven by emotions rather than logic. They buy when they see a green chart and sell in a panic when they see red. To avoid this, you should always have a strategy: where to enter, where to exit, where to set a stop-loss. It is also critically important to keep a trade journal to analyze your actions. Mistakes are normal, but if you don't learn from them, there will be no progress.