#TradingMistakes101 #TradingMistakes101 Lessons I paid for with real money
Everyone talks about profit. Only a few talk about pain.
But every trader has this story — the one that stopped them.
Mine? I turned $500 into $2200 in two weeks.
Then I lost everything trying to double down on the 'drawdown'.
That's when I realized: trading is not just charts — it's psychology.
🧠 Here are 3 mistakes I will never repeat (I hope):
1. Overtrading = overthinking.
More trades ≠ more money. I used to open 10 trades a day, chasing setups. Now I wait for high-conviction entries — and breathe.
2. Lack of a plan = guaranteed loss.
Buying because 'it looks good' is not a strategy. Entry, stop-loss, take-profit — if it's not recorded, it's gambling.
3. Revenge trading is a reality. And deadly dangerous.
Lost? Step back. I lost more trying to 'get it back' than from the deal itself.
📉 Loss is part of trading. But learning doesn't have to be.
Most people don't destroy their account due to lack of skills — they destroy it due to lack of discipline.
Trade smart. Trade slow. And never risk what you can't sleep without.