#TradingMistakes101 🚨 #TradingMistakes101 – The 7 deadly sins that destroy accounts before 3 months.
(The #3 is the silent killer of beginners and no one wants to admit it).
1. Entering without a plan.
If your entry is based on emotions and not on a strategy, you've already lost. The market does not reward impulses.
2. Emotional stop loss.
Moving it because "it's going to go up" is like closing your eyes while driving. You're going to crash.
3. Overtrading.
The silent killer. More trades ≠ more profits. It’s ego and addiction disguised as "hard work".
4. Ignoring risk management.
Betting 50% of your portfolio on a single trade is not bravery. It's financial suicide.
5. Changing strategy every week.
Nothing matures in 7 days. Neither do you. Nor your system. Be faithful to your method and give it time.
6. Not reviewing mistakes.
Without a log, there’s no evolution. Trading without reviewing is repeating foolishness while expecting miracles.
7. Trading to recover.
The market owes you nothing. If you trade with anger, you will be its toy.
📌 Brutal but real conclusion: 90% of traders lose because they trade like gamblers, not like strategists.
Do you want to be in the 10%? Start by not repeating what you just read.