#TradingMistakes101 One of the biggest mistakes beginner traders make is trading without a defined plan. Many people enter trades impulsively, based solely on emotions or tips from others. This often leads to losses. Another common mistake is using excessive leverage without understanding the associated risks. Additionally, the lack of risk management, such as not using stop loss, can cause a single trade to compromise the entire capital. It is also a mistake to want to recover losses immediately, which leads to impulsive decisions. Learning comes with time and discipline. #TradingMistakes101