#TradingMistakes101 Every trader starts somewhere—but avoiding common mistakes can save you time, money, and stress. 📉
One of the biggest errors? Trading without a plan. Jumping in based on emotion or hype often leads to poor decisions. Set clear entry and exit points before every trade. 🎯
Next, overtrading is real. More trades don't mean more profit. Quality over quantity wins in the long run. Also, don’t ignore risk management—never invest more than you can afford to lose, and always use stop-loss orders.
Chasing losses, FOMO-buying, or holding onto losing positions “just in case” are traps many fall into. Remember: discipline beats emotion. 💡
Lastly, not learning from past trades keeps you stuck. Keep a trading journal. Review what worked—and what didn’t.
Mistakes are part of the process. The key is learning from them.