#TradingMistakes101

Trading mistakes are common, especially for beginners, and can lead to significant losses. One major error is trading without a plan, which often results in emotional decisions. Overtrading, or making too many trades in a short time, can also reduce profits due to fees and poor timing. Failing to use stop-loss orders exposes traders to bigger losses than necessary. Ignoring risk management and investing too much in one asset is another frequent mistake. Many traders also chase trends without proper research, leading to poorly timed entries. Overconfidence after a few wins can cause reckless behavior. Finally, not staying updated with market news and technical indicators can lead to missed opportunities or bad trades. Learning from these mistakes improves long-term success.