#TradingMistakes101 Trading Mistakes 101

Many new traders fall into common traps that can lead to losses. One major mistake is trading without a clear strategy or plan. Emotional trading, such as chasing losses or reacting impulsively to market swings, often results in poor decisions. Overleveraging can amplify losses, while ignoring risk management exposes traders to significant financial damage. Failing to keep a trading journal or learn from past trades also hinders growth. Successful trading requires discipline, patience, and continuous learning. Avoiding these basic mistakes can greatly improve long-term performance and confidence in the markets. Always prioritize risk management over quick profits.