#TradingMistakes101
،،♻️♻️The most important mistakes to avoid:♻️♻️🎁
1. ❌ Lack of a trading plan
Entering random trades without a clear strategy leads to quick losses.
2. 😬 Trading with emotion (fear or greed)
Making decisions under the influence of fear of loss or greed for additional profit leads to illogical trades.
3. 📉 Not using a Stop Loss
A trade without protection = big risk.
4. 💸 Over-leveraging
Leverage can multiply profits, but it also multiplies losses.
5. 🧠 Ignoring capital management
Risking a large percentage of the account on a single trade is destructive.
6. 🕓 Late entry after price movement (FOMO)
Chasing the market after the "train has left" is one of the biggest mistakes that leads to losses.
7. 📚 Ignoring technical or fundamental analysis
Entering the market without analysis = gambling, not trading.
8. 🔁 Switching from one strategy to another without testing
Stability and discipline are more important than random switching between methods.
9. 🧘♂️ Ignoring the psychological aspect
The psychological factor is half the battle in trading.
10. 📵 Relying solely on others' recommendations
If you do not understand the trade, do not enter it.