Even seasoned traders slip up, but knowing common mistakes can save you from costly lessons. One big error is emotional trading — reacting out of fear or greed instead of following a plan. Another is overtrading, chasing every price move and racking up fees. Many also ignore risk management, like failing to set stop-loss orders or going all-in on one asset. FOMO (fear of missing out) often leads to buying tops, while revenge trading after a loss can spiral quickly. Relying on unverified signals or skipping research is also risky. The key is discipline, patience, and continuous learning. Avoiding these mistakes keeps your strategy focused and your capital intact.
