#TradingMistakes101 Common trading mistakes can be costly. Overtrading, driven by emotions or market noise, can lead to impulsive decisions and losses. Insufficient risk management, such as not setting stop-losses or overleveraging, exposes traders to significant potential downsides. Chasing trends or buying high can result in poor entry points. Lack of research and understanding market fundamentals can lead to uninformed decisions. Emotional trading, driven by fear or greed, often results in poor judgment. Staying disciplined, patient and informed can help traders avoid these pitfalls. Continuous learning and adapting strategies are key to improving trading performance and minimizing costly errors. Discipline is crucial.