#TradingMistakes101 Many traders make avoidable mistakes that can lead to significant losses. One common error is trading without a plan, leading to emotional decisions. Overtrading—making too many trades—often results in high fees and poor performance. Lack of risk management, such as not using stop-loss orders, increases potential losses. Some chase trends without proper analysis, while others let losses run instead of cutting them early. Ignoring market news or economic indicators can also be costly. Finally, letting greed or fear dictate actions often leads to irrational moves. Successful trading requires discipline, strategy, and continual learning from past mistakes.