#TradingMistakes101 TradingMistakes101
Here are common trading mistakes that beginners and even experienced traders often make:
Lack of a Trading Plan
• Trading without a defined strategy leads to emotional decisions and inconsistent results.
Overtrading
• Making too many trades due to impatience or greed often results in losses and high fees.
Ignoring Risk Management
• Not setting stop-losses or investing more than you can afford can wipe out your capital.
Chasing the Market
• Entering trades too late, just because an asset is rising quickly, often leads to buying at the top.
Revenge Trading
• Trying to recover losses immediately by placing bigger trades leads to even worse losses.