#TradingMistakes101 Anger, fear, and anxiety can lead traders to make quick and even irrational, emotion-based decisions.

For example, if a long position starts losing money, traders may start buying more positions at lower prices or opening short positions on the same token, thinking it's a way to get even with the market.

And when it comes to missing out on a move, traders might make the mistake of trying to jump on a move after it's already happened—perhaps at the point when it's ready to reverse.