#TradingMistakes101 #TradingMistakes101 emphasizes common pitfalls for traders. A primary error is trading without a plan, leading to impulsive decisions rather than strategic execution. Emotional trading, driven by fear, greed, or revenge, often results in poor judgment and chasing losses. Many traders fail to cut losses short, hoping for a rebound that rarely materializes, or conversely, let profitable trades turn into losses due to greed. Overleveraging and insufficient risk management are also critical mistakes that can wipe out accounts. Lastly, not keeping a trading journal means missing out on valuable lessons from past trades, hindering continuous improvement.