#TradingMistakes101 Trading Mistake 101: One of the biggest mistakes new traders make is jumping into trades without a plan. Emotional decisions, like fear of missing out (FOMO), can lead to big losses. Always set clear entry, exit, and stop-loss levels before trading. Never chase a pump or rely on hope—use technical analysis, manage your risk, and keep a trading journal. Remember, trading without discipline is gambling. Learn from each mistake and stay patient. Success in trading comes from consistency, not luck.